Bank of America 13F: Adds $15M to Ameren (AEE) Stake
Bank of America increased its holdings in Ameren Corporation by 6.4%, adding 136,631 shares during the period.
Reviewed by automated data checks against the source filing. How we make and check alerts
Bank of America added 136,631 shares to its stake in Ameren Corporation ($AEE), a 6.42% increase, according to a 13F filing with the SEC dated May 18, 2026. It reported 2,265,022 shares worth $245.19 million at the end of the quarter.
Since the filing, $AEE is up 3.4% after 1 week, up 2.1% after 1 month and up 0.2% to date (from the $105.88 close on May 18, 2026).
AEE
Ameren Corporation
Key Points
- Bank of America grew its Ameren Corporation holdings by 6.4%, acquiring an additional 136,631 shares to bring its total to 2,265,022 shares worth approximately $245.2 million based on a recent SEC filing.
- Ameren Corporation shares trade near $108.25, supported by a 50-day moving average of $108.24 and a trailing P/E ratio of 17.93.
- Wall Street analysts maintain a consensus buy rating on the stock with a mean price target of $120.00 across 15 analyst opinions.
Get $AEE trade alerts by text
We text you when insiders, Congress or big funds trade $AEE. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Ameren Corporation alert may contain errors. Disclosures
Bank of America Expands Utility Holdings
Bank of America added to its position in Ameren Corporation (NYSE: AEE) during the reporting period, lifting its stake by 6.4%. According to its latest Form 13F filing with the Securities and Exchange Commission, the large financial institution purchased an additional 136,631 shares of the regulated electric and natural gas utility.
Inside Bank of America's Position Change
The latest transaction grew Bank of America's total ownership to 2,265,022 shares. The reported value of the stake reached approximately $245.2 million. This backward-looking filing reflects holdings as of that specific date and may not represent the investor's current position today.
Stock Price and Market Context
Ameren shares trade around $108.25, resting right near the 50-day moving average of $108.24 and just above the 200-day moving average of $107.81. The utility provider carries a market capitalization of roughly $28.2 billion and a trailing price-to-earnings ratio of 17.93.
Recent Earnings Performance
Ameren generated $8.41 billion in revenue over the trailing period with a net margin of 18.6% and a return on equity of 11.9%. The company posted earnings of $5.68 per share. Its next quarterly financial report is scheduled for release on November 4, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
1 target raises vs 1 cuts.
-
EPS & revenue
EPS beat estimates by 7.3%. Revenue missed estimates by 4.6%.
-
Profit surprise
EBITDA beat by 5 percent. Operating income beat by 15 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
1 upgrade, 1 target raise, 1 target cut.
-
Earnings quality
Gross margin up 55.1 points. Operating margin up 3.9 points. Positive free cash flow.
Earnings Call Summary
The company earned $1.28 per share in the first quarter, beating consensus of $1.17, driven by steady infrastructure investment and new generation projects. Revenue of $2.18 billion fell short of the $2.28 billion expected due to warmer winter weather in Missouri. Management highlighted progress on data centers and new power plants, with groundbreaking expected this spring on the $2.2 billion in signed agreements.
Guidance Ameren reaffirmed its full year earnings forecast of $5.25 to $5.45 per share. The company expects to invest more than $70 billion in the grid through 2035 and signed $2.2 billion in data center agreements this quarter.
Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.
Dividend Payments and Yield
Ameren pays an annual dividend of $3.00 per share, delivering a dividend yield of 2.9%. The payout is supported by a dividend payout ratio of 51.4% of earnings.
Wall Street Analyst Views
Analyst coverage includes a mix of recent rating updates from major firms. On October 14, 2026, Truist Securities maintained its buy rating while adjusting its price target to $116.00 from $120.00. KeyBanc maintained an overweight rating on October 13, 2026, setting a target of $122.00. Mizuho maintained an outperform rating on September 30, 2026, with a $113.00 target. Scotiabank initiated coverage with a sector perform rating and a $104.00 target on September 29, 2026. RBC Capital maintained a sector perform rating with a $107.00 target on September 25, 2026, while Morgan Stanley maintained an equal-weight rating with a $108.00 target on September 18, 2026.
Ameren Corporation Business Overview
Headquartered in Saint Louis, Missouri, Ameren Corporation operates as a public utility holding company through subsidiaries that provide regulated electric generation, transmission, and distribution, as well as natural gas services. The company generates power using coal, nuclear, natural gas, and renewable sources like hydroelectric, wind, and solar facilities to serve residential, commercial, and industrial customers.
Looking Ahead at Institutional Holdings
Investors tracking institutional moves will look toward subsequent 13F filings to see whether major banks continue adjusting their utility sector exposures. As always, these regulatory filings look backward at past quarters rather than offering a real-time window into active trading desks.
Related Filing Alerts
Source: Bank of America's 13F filing on $AEE (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Bank of America 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts