Massachusetts Financial Services Co. MA Acquires 79,763 Shares of Ameren Corporation $AEE

Massachusetts Financial Services Co. MA boosted its holdings in shares of Ameren Corporation (NYSE:AEE) by 4.7% in the third quarter, Holdings Channel.com reports. The fund owned 1,787,278 shares of the utilities provider’s stock after buying an additional 79,763 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Ameren were worth $186,556,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AEE. Grantham Mayo Van Otterloo & Co. LLC boosted its position in shares of Ameren by 1.4% in the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 7,105 shares of the utilities provider’s stock worth $682,000 after purchasing an additional 100 shares during the last quarter. Crews Bank & Trust lifted its stake in Ameren by 6.3% in the second quarter. Crews Bank & Trust now owns 1,728 shares of the utilities provider’s stock valued at $166,000 after buying an additional 103 shares during the period. Segment Wealth Management LLC lifted its stake in Ameren by 3.6% in the third quarter. Segment Wealth Management LLC now owns 2,941 shares of the utilities provider’s stock valued at $307,000 after buying an additional 103 shares during the period. NewSquare Capital LLC boosted its holdings in Ameren by 70.9% during the second quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock worth $25,000 after buying an additional 107 shares during the last quarter. Finally, Keb Asset Management LLC grew its position in shares of Ameren by 0.9% during the 3rd quarter. Keb Asset Management LLC now owns 12,568 shares of the utilities provider’s stock worth $1,312,000 after buying an additional 108 shares during the period. Institutional investors own 79.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AEE. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a research report on Monday, December 29th. Argus raised shares of Ameren to a “strong-buy” rating in a research note on Wednesday, December 10th. Mizuho increased their target price on shares of Ameren from $108.00 to $114.00 and gave the stock an “outperform” rating in a report on Monday, October 27th. Royal Bank Of Canada raised shares of Ameren to a “hold” rating in a report on Tuesday, October 28th. Finally, UBS Group lowered their price objective on shares of Ameren from $121.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Ameren presently has an average rating of “Moderate Buy” and a consensus target price of $108.36.

Insider Buying and Selling at Ameren

In other news, CFO Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $101.44, for a total transaction of $659,360.00. Following the completion of the transaction, the chief financial officer directly owned 198,973 shares of the company’s stock, valued at $20,183,821.12. This represents a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.34% of the stock is owned by corporate insiders.

Ameren Stock Up 0.8%

Ameren stock opened at $104.11 on Tuesday. Ameren Corporation has a twelve month low of $91.77 and a twelve month high of $106.73. The company has a quick ratio of 0.64, a current ratio of 0.93 and a debt-to-equity ratio of 1.49. The company has a 50 day moving average of $101.49 and a 200-day moving average of $101.25. The stock has a market capitalization of $28.16 billion, a PE ratio of 20.02, a price-to-earnings-growth ratio of 2.28 and a beta of 0.58.

Ameren (NYSE:AEE) last posted its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, beating the consensus estimate of $2.10 by $0.07. The business had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Ameren had a net margin of 15.75% and a return on equity of 10.92%. The firm’s revenue was up 24.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.87 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. On average, equities research analysts anticipate that Ameren Corporation will post 4.93 EPS for the current fiscal year.

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.