Intech Investment Management LLC Has $2.23 Million Stake in Ameren Corporation $AEE

Intech Investment Management LLC increased its stake in shares of Ameren Corporation (NYSE:AEE) by 57.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 22,315 shares of the utilities provider’s stock after acquiring an additional 8,180 shares during the period. Intech Investment Management LLC’s holdings in Ameren were worth $2,228,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in AEE. NewEdge Advisors LLC increased its holdings in shares of Ameren by 22.9% during the 1st 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 boosted its stake in Ameren by 19.8% during the 1st quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock valued at $628,000 after purchasing an additional 1,034 shares during the period. Woodline Partners LP boosted its stake in Ameren by 42.2% during the 1st quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock valued at $2,289,000 after purchasing an additional 6,772 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Ameren by 48.1% during 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 period. Finally, Brown Advisory Inc. boosted its stake in Ameren by 6.3% during the 2nd quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock valued at $450,000 after purchasing an additional 277 shares during the period. Institutional investors and hedge funds own 79.09% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. JPMorgan Chase & Co. upgraded Ameren from a “neutral” rating to an “overweight” rating and increased their target price for the company from $120.00 to $126.00 in a research note on Thursday, May 21st. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Morgan Stanley set a $110.00 target price on Ameren in a research note on Thursday, May 21st. Argus increased their target price on Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Finally, BTIG Research assumed coverage on Ameren in a research note on Thursday, April 9th. They set a “buy” rating and a $131.00 target price for the company. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.54.

Insider Buying and Selling at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $109.08, for a total value of $35,451.00. Following the sale, the senior vice president owned 32,618 shares of the company’s stock, valued at $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

Ameren Price Performance

Shares of AEE stock opened at $106.36 on Thursday. The stock has a 50 day moving average of $110.20 and a two-hundred day moving average of $106.60. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. Ameren Corporation has a 12 month low of $93.50 and a 12 month high of $115.58. The company has a market capitalization of $29.43 billion, a P/E ratio of 19.13, a P/E/G ratio of 2.15 and a beta of 0.47.

Ameren (NYSE:AEE) last announced its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. The company had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The company’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company earned $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities analysts expect that Ameren Corporation will post 5.36 EPS for the current year.

Ameren Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, June 9th. Ameren’s payout ratio is 53.96%.

Ameren Company Profile

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.