Ensign Peak Advisors Inc Has $17.73 Million Stake in Ameren Corporation $AEE

Ensign Peak Advisors Inc reduced its stake in Ameren Corporation (NYSE:AEE) by 8.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 184,601 shares of the utilities provider’s stock after selling 17,146 shares during the period. Ensign Peak Advisors Inc’s holdings in Ameren were worth $17,729,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in AEE. QRG Capital Management Inc. raised its stake in Ameren by 5.7% in the second quarter. QRG Capital Management Inc. now owns 55,788 shares of the utilities provider’s stock valued at $5,358,000 after purchasing an additional 3,006 shares in the last quarter. Focus Partners Wealth grew its stake in Ameren by 10.0% during the first quarter. Focus Partners Wealth now owns 34,201 shares of the utilities provider’s stock worth $3,434,000 after buying an additional 3,112 shares in the last quarter. Intech Investment Management LLC increased its holdings in Ameren by 61.6% in the 1st quarter. Intech Investment Management LLC now owns 22,605 shares of the utilities provider’s stock valued at $2,270,000 after buying an additional 8,618 shares during the period. Magellan Asset Management Ltd increased its holdings in Ameren by 8.6% in the 2nd quarter. Magellan Asset Management Ltd now owns 209,918 shares of the utilities provider’s stock valued at $20,161,000 after buying an additional 16,590 shares during the period. Finally, Profund Advisors LLC raised its position in Ameren by 27.8% during the second quarter. Profund Advisors LLC now owns 13,588 shares of the utilities provider’s stock valued at $1,305,000 after purchasing an additional 2,958 shares in the last quarter. Institutional investors own 79.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AEE shares. Barclays set a $113.00 target price on Ameren in a report on Tuesday, October 21st. Morgan Stanley raised their price objective on Ameren from $104.00 to $111.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a research report on Wednesday. Wells Fargo & Company assumed coverage on Ameren in a research note on Monday, October 27th. They set an “overweight” rating and a $112.00 target price for the company. Finally, Mizuho raised their price target on shares of Ameren from $108.00 to $114.00 and gave the company an “outperform” rating in a research note on Monday, October 27th. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $109.50.

Ameren Price Performance

Shares of AEE opened at $104.61 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.80 and a debt-to-equity ratio of 1.51. The stock has a market cap of $28.30 billion, a PE ratio of 22.99, a PEG ratio of 2.57 and a beta of 0.50. Ameren Corporation has a 12-month low of $86.40 and a 12-month high of $106.73. The business has a 50-day simple moving average of $103.16 and a two-hundred day simple moving average of $99.88.

Ameren (NYSE:AEE) last released its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share for the quarter, topping the consensus estimate of $2.10 by $0.07. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The company had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.64 billion. During the same period in the previous year, the business posted $1.87 earnings per share. The business’s quarterly revenue was up 24.2% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. Analysts anticipate that Ameren Corporation will post 4.93 earnings per share for the current fiscal year.

Ameren Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $2.84 annualized dividend and a dividend yield of 2.7%. Ameren’s dividend payout ratio (DPR) is presently 54.62%.

Insider Activity at Ameren

In other news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $101.44, for a total transaction of $659,360.00. Following the transaction, the chief financial officer owned 198,973 shares in the company, valued at approximately $20,183,821.12. The trade was a 3.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.42% of the company’s stock.

Ameren Profile

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.