BTG Pactual Asset Management US LLC Has $13.74 Million Stock Holdings in Ameren Corporation $AEE

BTG Pactual Asset Management US LLC reduced its position in shares of Ameren Corporation (NYSE:AEE) by 8.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 121,597 shares of the utilities provider’s stock after selling 11,138 shares during the period. Ameren comprises 0.8% of BTG Pactual Asset Management US LLC’s investment portfolio, making the stock its 19th largest holding. BTG Pactual Asset Management US LLC’s holdings in Ameren were worth $13,745,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in AEE. NewEdge Advisors LLC raised its stake in shares of Ameren by 22.9% during the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock valued at $811,000 after acquiring an additional 1,503 shares during the last quarter. Empowered Funds LLC raised its position in shares of Ameren by 19.8% during the first quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock worth $628,000 after acquiring an additional 1,034 shares during the last quarter. Woodline Partners LP boosted its holdings in Ameren by 42.2% in the first quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock valued at $2,289,000 after acquiring an additional 6,772 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Ameren by 48.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock valued at $149,000 after purchasing an additional 505 shares during the last quarter. Finally, Brown Advisory Inc. boosted its position in Ameren by 6.3% during the second quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock valued at $450,000 after acquiring an additional 277 shares during the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Ameren Trading Down 0.0%

Shares of Ameren stock opened at $106.07 on Monday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. Ameren Corporation has a 1 year low of $96.57 and a 1 year high of $118.32. The firm has a market cap of $29.36 billion, a PE ratio of 18.67, a PEG ratio of 2.56 and a beta of 0.47. The company has a 50 day simple moving average of $110.83 and a two-hundred day simple moving average of $110.34.

Ameren (NYSE:AEE) last posted its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter last year, the company posted $1.01 EPS. The business’s quarterly revenue was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts expect that Ameren Corporation will post 5.4 earnings per share for the current fiscal year.

Ameren Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a dividend of $0.75 per share. The ex-dividend date is Tuesday, September 8th. This represents a $3.00 dividend on an annualized basis and a yield of 2.8%. Ameren’s dividend payout ratio (DPR) is presently 52.82%.

Insider Transactions at Ameren

In related news, insider Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the completion of the sale, the insider owned 199,689 shares in the company, valued at $21,758,113.44. The trade was a 3.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the completion of the sale, the senior vice president directly owned 32,340 shares of the company’s stock, valued at approximately $3,522,796.20. This represents a 0.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. JPMorgan Chase & Co. boosted their price objective on Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. KeyCorp raised shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price target for the company in a report on Thursday, July 23rd. BTIG Research set a $126.00 price target on shares of Ameren in a research report on Thursday, July 23rd. Mizuho increased their price objective on Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Finally, BMO Capital Markets dropped their price objective on Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Ameren currently has an average rating of “Moderate Buy” and a consensus target price of $121.42.

About Ameren

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.