Caisse de depot et placement du Quebec Purchases Shares of 550,665 Ameren Corporation $AEE

Caisse de depot et placement du Quebec bought a new stake in shares of Ameren Corporation (NYSE:AEE) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 550,665 shares of the utilities provider’s stock, valued at approximately $62,247,000. Caisse de depot et placement du Quebec owned about 0.20% of Ameren as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Amundi boosted its position in Ameren by 106.0% during the first quarter. Amundi now owns 919,349 shares of the utilities provider’s stock valued at $101,055,000 after purchasing an additional 473,048 shares during the last quarter. Focus Partners Advisor Solutions LLC acquired a new position in Ameren during the second quarter valued at approximately $1,637,000. North Dakota State Investment Board acquired a new position in Ameren in the 4th quarter valued at $924,000. Franklin Resources Inc. increased its stake in shares of Ameren by 5.2% in the fourth quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider’s stock worth $246,966,000 after purchasing an additional 123,084 shares during the period. Finally, UBS Group AG increased its position in Ameren by 4.7% in the 4th quarter. UBS Group AG now owns 973,193 shares of the utilities provider’s stock worth $97,183,000 after buying an additional 43,821 shares during the period. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Insider Buying and Selling at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the transaction, the senior vice president owned 32,340 shares of the company’s stock, valued at approximately $3,522,796.20. The trade was a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the sale, the insider owned 199,689 shares in the company, valued at $21,758,113.44. The trade was a 3.15% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Ameren Price Performance

Shares of AEE stock opened at $106.71 on Friday. The stock’s fifty day simple moving average is $110.88 and its 200 day simple moving average is $110.32. Ameren Corporation has a one year low of $96.57 and a one year high of $118.32. The firm has a market cap of $29.54 billion, a price-to-earnings ratio of 18.79, a P/E/G ratio of 2.60 and a beta of 0.47. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37.

Ameren (NYSE:AEE) last released its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.05. The firm had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The business’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, analysts expect that Ameren Corporation will post 5.4 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s dividend payout ratio (DPR) is currently 52.82%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Morgan Stanley cut their price objective on shares of Ameren from $118.00 to $114.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. BTIG Research set a $126.00 price target on shares of Ameren in a research note on Thursday, July 23rd. BMO Capital Markets dropped their price objective on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. Finally, Wall Street Zen lowered shares of Ameren from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Ameren presently has an average rating of “Moderate Buy” and an average price target of $121.42.

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.