California State Teachers Retirement System Boosts Holdings in Ameren Corporation $AEE

California State Teachers Retirement System increased its stake in shares of Ameren Corporation (NYSE:AEE) by 11,497.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 36,403,854 shares of the utilities provider’s stock after purchasing an additional 36,089,967 shares during the quarter. California State Teachers Retirement System owned about 0.13% of Ameren worth $4,115,092,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wedmont Private Capital grew its holdings in shares of Ameren by 5.8% during the second quarter. Wedmont Private Capital now owns 2,729 shares of the utilities provider’s stock worth $308,000 after purchasing an additional 150 shares during the last quarter. HB Wealth Management LLC lifted its holdings in shares of Ameren by 57.7% in the 2nd quarter. HB Wealth Management LLC now owns 11,438 shares of the utilities provider’s stock valued at $1,293,000 after purchasing an additional 4,183 shares during the last quarter. Saudi Central Bank boosted its position in shares of Ameren by 94.0% in the 2nd quarter. Saudi Central Bank now owns 19,366 shares of the utilities provider’s stock valued at $2,189,000 after purchasing an additional 9,382 shares during the period. NI Acquisitions Company LLC acquired a new stake in shares of Ameren in the 2nd quarter valued at about $116,000. Finally, Tudor Financial Inc. grew its stake in Ameren by 414.6% during the 2nd quarter. Tudor Financial Inc. now owns 5,656 shares of the utilities provider’s stock worth $639,000 after buying an additional 4,557 shares during the last quarter. 79.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on AEE. BTIG Research set a $126.00 price target on Ameren in a research report on Thursday, July 23rd. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. BMO Capital Markets lowered their target price on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Barclays lifted their target price 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. Finally, Morgan Stanley reduced their price target 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. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Ameren currently has an average rating of “Moderate Buy” and an average target price of $121.42.

Ameren Stock Performance

Shares of AEE stock opened at $106.23 on Thursday. The stock has a market capitalization of $29.41 billion, a PE ratio of 18.70, a price-to-earnings-growth ratio of 3.12 and a beta of 0.46. Ameren Corporation has a 52-week low of $96.57 and a 52-week high of $118.32. The stock’s 50-day moving average price is $109.72 and its 200 day moving average price is $110.19. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38.

Ameren (NYSE:AEE) last posted its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same period last year, the firm earned $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. As a group, equities research analysts forecast that Ameren Corporation will post 5.4 EPS for the current year.

Ameren Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, September 8th. Ameren’s dividend payout ratio is 52.82%.

Insider Buying and Selling at Ameren

In related news, insider Michael 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 transaction of $708,240.00. Following the completion of the sale, the insider directly owned 199,689 shares of the company’s stock, valued at $21,758,113.44. This trade 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 available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa Shaw sold 325 shares of Ameren stock in a transaction 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 completion of the transaction, the senior vice president owned 32,340 shares in the company, valued at approximately $3,522,796.20. This trade represents a 0.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by company insiders.

Ameren Profile

Ameren Corporation (NYSE:AEE) is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren provides energy generation, transmission, distribution and related services to customers in Missouri and Illinois.

Ameren Missouri operates an integrated electric utility serving communities across Missouri and also provides natural gas distribution services in parts of the state. Ameren Illinois operates electric and natural gas distribution businesses serving customers throughout much of Illinois.