Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Ameren Corporation (NYSE:AEE – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 70,066 shares of the utilities provider’s stock, valued at approximately $6,963,000.
Other institutional investors have also made changes to their positions in the company. BlackRock Inc. bought a new stake in Ameren in the 2nd quarter valued at $2,918,526,000. Jupiter Topco LLC bought a new position in Ameren during the second quarter worth $578,254,000. Deutsche Bank AG bought a new position in Ameren during the second quarter worth $253,519,000. Bank of America Corp DE acquired a new position in shares of Ameren in the second quarter valued at $245,881,000. Finally, Legal & General Group Plc acquired a new position in shares of Ameren in the second quarter valued at $213,155,000. 79.09% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Ameren
In related news, SVP Theresa Shaw sold 325 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.93, for a total value of $35,402.25. Following the transaction, the senior vice president directly owned 32,340 shares in the company, valued at approximately $3,522,796.20. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rafael Flores sold 248 shares of the firm’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $105.53, for a total transaction of $26,171.44. Following the transaction, the director directly owned 13,888 shares in the company, valued at approximately $1,465,600.64. This represents a 1.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 7,073 shares of company stock worth $781,254. Corporate insiders own 0.29% of the company’s stock.
Ameren News Summary
Here are the key news stories impacting Ameren this week:
- Positive Sentiment: Q3 earnings and revenue beat expectations. Ameren reported adjusted and GAAP diluted EPS of $2.42, versus analysts’ $2.29 estimate, and revenue of $2.88 billion, above the $2.82 billion forecast. Revenue rose 6.8% year over year. The earnings beat and reported guidance lift linked to data-center demand may support investor expectations for growth. Ameren Announces Third Quarter 2026 Results Ameren beats Q3 2026 estimates and lifts guidance on data center demand
- Neutral Sentiment: Insider sale was made under a pre-arranged plan. Director Michael Moehn sold 6,500 shares, about 3.25% of his direct holdings. The transaction was conducted under a Rule 10b5-1 plan, which makes it less clearly indicative of a changed outlook. SEC filing
- Negative Sentiment: Scotiabank’s rating remains cautious. The firm raised its 2026 EPS estimate slightly to $5.41 from $5.38, but maintained a “Sector Perform” rating and a $104 price target. This November 2 assessment predates the earnings release. Scotiabank estimate and rating
Wall Street Analyst Weigh In
AEE has been the topic of several research analyst reports. JPMorgan Chase & Co. dropped their price objective on shares of Ameren from $133.00 to $126.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 13th. KeyCorp lifted their target price on shares of Ameren from $116.00 to $122.00 and gave the stock an “overweight” rating in a report on Tuesday, October 13th. TD Cowen assumed coverage on shares of Ameren in a report on Thursday, October 22nd. They set a “hold” rating and a $114.00 target price for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th. Finally, Truist Financial lowered their price target on shares of Ameren from $120.00 to $116.00 and set a “buy” rating on the stock in a report on Wednesday, October 14th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $117.43.
Read Our Latest Stock Report on Ameren
Ameren Stock Performance
AEE opened at $113.09 on Friday. The business has a fifty day simple moving average of $104.77 and a 200 day simple moving average of $108.46. The company has a market capitalization of $31.31 billion, a PE ratio of 19.91, a price-to-earnings-growth ratio of 3.30 and a beta of 0.42. Ameren Corporation has a 1 year low of $96.57 and a 1 year 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.
Ameren (NYSE:AEE – Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The utilities provider reported $2.42 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.13. The firm had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.17 EPS. Research analysts expect that Ameren Corporation will post 5.41 EPS for the current year.
Ameren Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 8th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, December 8th. Ameren’s payout ratio is presently 52.82%.
Ameren Company Profile
Ameren Corporation is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren Missouri and Ameren Illinois, the company provides electric generation, transmission and distribution services, as well as natural gas distribution.
Ameren serves approximately 2.5 million electric customers and more than 900,000 natural gas customers across Missouri and Illinois. Its operations include a diverse generation portfolio and infrastructure designed to deliver reliable energy to residential, commercial and industrial customers, while supporting the transition toward cleaner energy resources.
Ameren was formed in 1997 through the merger of Union Electric Company and CIPSCO Inc The company is led by Martin J.
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