Stonebridge Financial Group LLC MO acquired a new position in shares of Ameren Corporation (NYSE:AEE – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm acquired 16,723 shares of the utilities provider’s stock, valued at approximately $1,670,000. Ameren comprises about 1.4% of Stonebridge Financial Group LLC MO’s investment portfolio, making the stock its 16th biggest position.
Several other hedge funds have also recently bought and sold shares of AEE. NewEdge Advisors LLC lifted its position in Ameren by 22.9% during the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock worth $811,000 after acquiring an additional 1,503 shares during the last quarter. Empowered Funds LLC lifted its position in 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 lifted its position in Ameren by 42.2% during the first quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock worth $2,289,000 after acquiring an additional 6,772 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Ameren by 48.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock worth $149,000 after acquiring an additional 505 shares during the last quarter. Finally, Brown Advisory Inc. lifted 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 worth $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.
Wall Street Analysts Forecast Growth
AEE has been the subject of several research reports. Argus raised their price objective on shares of Ameren from $108.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Truist Financial began coverage on shares of Ameren in a research report on Monday, April 20th. They issued a “buy” rating and a $126.00 price target for the company. BMO Capital Markets lifted their price target on shares of Ameren from $112.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. BTIG Research began coverage on shares of Ameren in a research report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price target for the company. Finally, Barclays lifted their price target on shares of Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Ameren currently has an average rating of “Moderate Buy” and an average target price of $117.31.
Ameren Stock Down 0.5%
Shares of AEE opened at $109.43 on Wednesday. Ameren Corporation has a one year low of $93.27 and a one year high of $115.58. The company has a market cap of $30.28 billion, a P/E ratio of 19.68, a P/E/G ratio of 2.21 and a beta of 0.50. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44. The firm has a 50 day simple moving average of $110.85 and a two-hundred day simple moving average of $106.00.
Ameren (NYSE:AEE – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, beating the consensus estimate of $1.17 by $0.11. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The business had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the previous year, the business earned $1.07 earnings per share. The company’s revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts forecast that Ameren Corporation will post 5.36 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.
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