Ameren Corporation $AEE Holdings Boosted by Fifth Third Bancorp

Fifth Third Bancorp raised its position in shares of Ameren Corporation (NYSE:AEE) by 1,147.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,468 shares of the utilities provider’s stock after purchasing an additional 66,657 shares during the quarter. Fifth Third Bancorp’s holdings in Ameren were worth $7,966,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of Ameren by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after buying an additional 495,945 shares during the period. T. Rowe Price Investment Management Inc. raised its position in Ameren by 2.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider’s stock valued at $1,586,324,000 after buying an additional 362,052 shares during the period. State Street Corp lifted its stake in Ameren by 3.3% in the 4th quarter. State Street Corp now owns 14,503,721 shares of the utilities provider’s stock worth $1,448,342,000 after acquiring an additional 457,876 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Ameren by 3.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider’s stock worth $597,673,000 after acquiring an additional 179,137 shares in the last quarter. Finally, Invesco Ltd. boosted its position in Ameren by 2.9% during the 4th quarter. Invesco Ltd. now owns 5,290,191 shares of the utilities provider’s stock worth $528,278,000 after acquiring an additional 149,952 shares during the period. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Ameren Stock Performance

Shares of NYSE AEE opened at $111.40 on Thursday. The business’s 50-day moving average price is $110.39 and its two-hundred day moving average price is $108.71. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44. Ameren Corporation has a one year low of $95.15 and a one year high of $118.32. The company has a market capitalization of $30.83 billion, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 2.73 and a beta of 0.47.

Ameren (NYSE:AEE) last posted its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share 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 business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period last year, the business earned $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts anticipate that Ameren Corporation will post 5.38 earnings per share for the current fiscal year.

Ameren Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is presently 53.96%.

Insider Transactions at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $109.08, for a total value of $35,451.00. Following the completion of the sale, the senior vice president directly owned 32,618 shares in the company, 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 Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AEE shares. Truist Financial lowered their target price on Ameren from $126.00 to $121.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. JPMorgan Chase & Co. raised shares of Ameren from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $120.00 to $126.00 in a research report on Thursday, May 21st. Weiss Ratings upgraded shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Argus boosted their price objective on shares of Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. Finally, Wall Street Zen lowered shares of Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Ameren currently has an average rating of “Moderate Buy” and an average target price of $119.50.

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.