Sumitomo Mitsui Trust Group Inc. Increases Stock Position in Ameren Corporation $AEE

Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Ameren Corporation (NYSE:AEE) by 1.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 665,275 shares of the utilities provider’s stock after buying an additional 11,951 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.25% of Ameren worth $69,441,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its holdings in Ameren by 3.7% during the second quarter. Vanguard Group Inc. now owns 35,582,578 shares of the utilities provider’s stock worth $3,417,351,000 after acquiring an additional 1,268,457 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Ameren by 89.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,419,756 shares of the utilities provider’s stock worth $232,393,000 after purchasing an additional 1,141,978 shares during the period. Invesco Ltd. grew its stake in shares of Ameren by 9.3% during the 2nd quarter. Invesco Ltd. now owns 5,090,957 shares of the utilities provider’s stock worth $488,936,000 after purchasing an additional 432,182 shares during the period. Franklin Resources Inc. increased its holdings in shares of Ameren by 21.1% in the 2nd quarter. Franklin Resources Inc. now owns 2,366,866 shares of the utilities provider’s stock valued at $227,314,000 after purchasing an additional 411,596 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its stake in shares of Ameren by 218.6% in the second quarter. Squarepoint Ops LLC now owns 563,871 shares of the utilities provider’s stock valued at $54,154,000 after purchasing an additional 386,866 shares during the period. 79.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

AEE has been the subject of a number of research analyst reports. Morgan Stanley set a $103.00 target price on shares of Ameren in a report on Tuesday, December 16th. Argus raised Ameren to a “strong-buy” rating in a research note on Wednesday, December 10th. KeyCorp downgraded Ameren from an “overweight” rating to a “sector weight” rating in a research report on Friday, December 12th. Royal Bank Of Canada upgraded Ameren to a “hold” rating in a research report on Tuesday, October 28th. Finally, UBS Group cut their price target on Ameren from $121.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Ameren has an average rating of “Moderate Buy” and a consensus target price of $108.80.

Ameren Stock Performance

Ameren stock opened at $102.47 on Thursday. Ameren Corporation has a fifty-two week low of $90.26 and a fifty-two week high of $106.73. The company has a market capitalization of $27.72 billion, a price-to-earnings ratio of 19.70, a PEG ratio of 2.22 and a beta of 0.58. The stock has a fifty day moving average of $101.48 and a two-hundred day moving average of $101.04. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.64 and a current ratio of 0.93.

Ameren (NYSE:AEE) last posted its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.07. The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.64 billion. Ameren had a return on equity of 10.92% and a net margin of 15.75%.The business’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.87 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. On average, analysts anticipate that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Insider Activity

In other news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $101.44, for a total transaction of $659,360.00. Following the completion of the sale, the chief financial officer directly owned 198,973 shares in the company, valued at $20,183,821.12. The trade was a 3.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.42% of the stock is owned by corporate insiders.

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.