BTG Pactual Asset Management US LLC Has $13.74 Million Position in Ameren Corporation $AEE

BTG Pactual Asset Management US LLC decreased its position in shares of Ameren Corporation (NYSE:AEE) by 8.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 121,597 shares of the utilities provider’s stock after selling 11,138 shares during the quarter. Ameren comprises approximately 0.8% of BTG Pactual Asset Management US LLC’s investment portfolio, making the stock its 19th biggest holding. BTG Pactual Asset Management US LLC’s holdings in Ameren were worth $13,745,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Amundi raised its holdings in Ameren by 106.0% during the 1st quarter. Amundi now owns 919,349 shares of the utilities provider’s stock worth $101,055,000 after buying an additional 473,048 shares during the period. Focus Partners Advisor Solutions LLC acquired a new position in Ameren in the 2nd quarter worth $1,637,000. UBS Group AG boosted its position in shares of Ameren by 4.7% during the fourth 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. North Dakota State Investment Board bought a new position in shares of Ameren during the fourth quarter worth about $924,000. Finally, Franklin Resources Inc. raised its holdings 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 valued at $246,966,000 after purchasing an additional 123,084 shares during the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Ameren Trading Down 0.0%

Shares of Ameren stock opened at $106.07 on Monday. The firm’s 50-day moving average price is $110.83 and its two-hundred day moving average price is $110.34. The company has a market capitalization of $29.36 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 2.56 and a beta of 0.47. 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 Corporation has a 12-month low of $96.57 and a 12-month high of $118.32.

Ameren (NYSE:AEE) last posted its quarterly earnings results 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. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same quarter last year, the business 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, analysts forecast that Ameren Corporation will post 5.4 earnings per share for the current fiscal year.

Ameren Announces Dividend

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

Insider Buying and Selling

In related news, SVP Theresa A. Shaw sold 325 shares of Ameren 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 of the company’s stock, valued at approximately $3,522,796.20. The trade was a 0.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available 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 company’s stock in a transaction that occurred 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 transaction, the insider owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. This represents a 3.15% 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. Company insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

AEE has been the subject of a number of analyst reports. Truist Financial decreased their target price on shares of Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research report on Monday, August 17th. Barclays boosted their target price on Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. Mizuho upped their price target on shares of Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, KeyCorp raised Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price target for the company in a report on Thursday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $121.42.

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.