Deutsche Bank AG Makes New Investment in Ameren Corporation $AEE

Deutsche Bank AG acquired a new position in Ameren Corporation (NYSE:AEE) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,242,735 shares of the utilities provider’s stock, valued at approximately $253,519,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AEE. Amundi raised its stake in shares of Ameren by 106.0% in the 1st quarter. Amundi now owns 919,349 shares of the utilities provider’s stock valued at $101,055,000 after acquiring an additional 473,048 shares in the last quarter. Vanguard Group Inc. boosted its position in Ameren by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after purchasing an additional 495,945 shares during the period. Focus Partners Advisor Solutions LLC bought a new stake in Ameren during the second quarter worth approximately $1,637,000. Franklin Resources Inc. grew its holdings in Ameren by 5.2% during the fourth quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider’s stock valued at $246,966,000 after purchasing an additional 123,084 shares during the last quarter. Finally, UBS Group AG grew its holdings in Ameren by 4.7% during the fourth quarter. UBS Group AG now owns 973,193 shares of the utilities provider’s stock valued at $97,183,000 after purchasing an additional 43,821 shares during the last quarter. Institutional investors own 79.09% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on AEE. KeyCorp upgraded shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 target price on the stock in a report on Thursday, July 23rd. Barclays upped their price target on shares of Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. raised their price target on Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th. Finally, Morgan Stanley boosted their price objective on Ameren from $115.00 to $118.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 22nd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $121.75.

Ameren Trading Up 0.3%

Shares of AEE opened at $109.75 on Wednesday. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. The stock has a market cap of $30.38 billion, a PE ratio of 19.32, a PEG ratio of 2.65 and a beta of 0.47. Ameren Corporation has a 1 year low of $96.57 and a 1 year high of $118.32. The stock has a 50 day simple moving average of $111.09 and a 200-day simple moving average of $110.15.

Ameren (NYSE:AEE) last announced its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter last year, the company posted $1.01 EPS. The firm’s revenue for the quarter was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, sell-side analysts predict that Ameren Corporation will post 5.39 EPS for the current fiscal year.

Ameren Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. Ameren’s dividend payout ratio is currently 52.82%.

Insider Transactions at Ameren

In other news, insider Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total transaction of $708,240.00. Following the transaction, the insider directly owned 199,689 shares in the company, valued at approximately $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $108.93, for a total transaction of $35,402.25. Following the sale, the senior vice president directly owned 32,340 shares in the company, valued at $3,522,796.20. This trade represents a 0.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by corporate insiders.

Ameren Profile

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.