Bank of America 13F: Adds $16M to Ameren (AEE) Stake

Bank of America Boosts Position in Ameren Corporation

Bank of America has increased its stake in Ameren Corporation (NYSE: AEE) by 136,631 shares, growing its total holdings to 2,265,022 shares valued at about $258.3 million as of May 18, 2026. This move represents a 6.4% increase in their position, according to the latest Form 13F filing with the SEC.

A Significant Increase in Holdings

The bank's stake rose from 2,128,391 shares to 2,265,022 shares, adding 136,631 shares to its previous position. This boost indicates Bank of America's continued confidence in the utility sector, particularly in Ameren's operations.

Institutional Activity in Ameren

Other major institutional investors have also shown interest in Ameren. For instance, UBS Group increased its position by 4.5% earlier this month, holding over 1 million shares. Additionally, Vanguard Group raised its investment by nearly 496,000 shares in January, signaling a broader institutional confidence in Ameren's future prospects.

How Ameren Corporation Stock Has Traded

Ameren's shares are currently trading at $114.05, reflecting a strong rebound from its previous close of $102.23. The stock is approaching its 52-week high of $118.32, which could indicate a favorable trend as institutional interest continues to grow.

Analysts Set New Price Targets

On October 14, 2026, Truist Securities maintained a 'Buy' rating for Ameren with a price target of $116. Keybanc also kept its 'Overweight' rating with a target of $122 on October 13. Mizuho maintained an 'Outperform' rating with a target of $113 on September 30. Overall, analysts have a consensus 'buy' rating with a mean price target of $120.00, based on 15 opinions.

What Ameren Corporation Does

Ameren Corporation operates as a public utility holding company, providing electric and natural gas services across multiple states. With a focus on regulated electric generation and distribution, Ameren serves a diverse customer base, which is crucial for its growth in the utility sector.

What’s Next for Ameren?

Investors will be watching for Ameren's next earnings report scheduled for November 4, 2026. As a reminder, the recent 13F filing reflects holdings as of the reporting period and may not represent current positions. The continued institutional interest highlights the potential for Ameren as a stable investment in the utility market.