Nykredit A S Invests $3.98 Million in Ameren Corporation $AEE

Nykredit A S bought a new stake in Ameren Corporation (NYSE:AEE) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 35,227 shares of the utilities provider’s stock, valued at approximately $3,982,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Amundi lifted its holdings in shares of Ameren by 106.0% in the 1st quarter. Amundi now owns 919,349 shares of the utilities provider’s stock valued at $101,055,000 after purchasing an additional 473,048 shares during the last quarter. Focus Partners Advisor Solutions LLC purchased a new stake in Ameren in the second quarter valued at approximately $1,637,000. Franklin Resources Inc. lifted its stake in Ameren by 5.2% in the fourth quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider’s stock valued at $246,966,000 after buying an additional 123,084 shares during the last quarter. North Dakota State Investment Board acquired a new stake in shares of Ameren in the fourth quarter valued at approximately $924,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Ameren by 239.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 92,993 shares of the utilities provider’s stock valued at $9,286,000 after acquiring an additional 65,614 shares during the period. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

Analyst Ratings Changes

A number of brokerages have recently commented on AEE. Mizuho lifted their target price on shares of Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. BMO Capital Markets decreased their price target on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Truist Financial lowered their price objective on shares of Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a research report on Monday, August 17th. KeyCorp upgraded shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price objective on the stock in a research note on Thursday, July 23rd. Finally, Wall Street Zen cut shares of Ameren from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $121.42.

Ameren Price Performance

Ameren stock opened at $106.34 on Monday. Ameren Corporation has a 12 month low of $96.57 and a 12 month high of $118.32. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The business has a 50 day simple moving average of $110.13 and a 200-day simple moving average of $110.25. The stock has a market capitalization of $29.44 billion, a PE ratio of 18.72, a price-to-earnings-growth ratio of 3.11 and a beta of 0.46.

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 analysts’ consensus estimates 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 analyst estimates of $2.27 billion. During the same period last year, the firm posted $1.01 EPS. Ameren’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. Equities analysts predict that Ameren Corporation will post 5.4 earnings per share for the current year.

Ameren Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. Ameren’s payout ratio is presently 52.82%.

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.