Ameren Corporation $AEE Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. lessened its holdings in shares of Ameren Corporation (NYSE:AEE) by 5.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 85,451 shares of the utilities provider’s stock after selling 5,120 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Ameren were worth $8,539,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AEE. JPMorgan Chase & Co. boosted its stake in Ameren by 68.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,080,775 shares of the utilities provider’s stock worth $425,951,000 after purchasing an additional 1,661,019 shares during the last quarter. ANTIPODES PARTNERS Ltd boosted its stake in Ameren by 104,698.0% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,370,758 shares of the utilities provider’s stock worth $143,091,000 after purchasing an additional 1,369,450 shares during the last quarter. Homestead Advisers Corp acquired a new stake in Ameren during the 3rd quarter worth $76,614,000. Assenagon Asset Management S.A. boosted its stake in Ameren by 9,966.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 518,725 shares of the utilities provider’s stock worth $51,800,000 after purchasing an additional 513,572 shares during the last quarter. Finally, Reaves W H & Co. Inc. boosted its stake in Ameren by 112.4% during the 3rd quarter. Reaves W H & Co. Inc. now owns 964,012 shares of the utilities provider’s stock worth $100,624,000 after purchasing an additional 510,192 shares during the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Wells Fargo & Company reaffirmed an “overweight” rating and set a $120.00 target price on shares of Ameren in a research note on Tuesday, April 21st. Wall Street Zen upgraded Ameren from a “sell” rating to a “hold” rating in a report on Sunday, May 17th. Barclays lifted their price target on Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. Truist Financial reduced their price target on Ameren from $126.00 to $121.00 and set a “buy” rating on the stock in a report on Monday. Finally, Morgan Stanley set a $110.00 price target on Ameren in a report on Thursday. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $117.54.

Ameren Stock Up 1.1%

Shares of NYSE:AEE opened at $109.86 on Friday. The business has a 50-day moving average price of $110.39 and a 200 day moving average price of $106.26. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $30.40 billion, a price-to-earnings ratio of 19.76, a PEG ratio of 2.19 and a beta of 0.50. Ameren Corporation has a 12-month low of $93.50 and a 12-month high of $115.58.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The company’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period last year, the company earned $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts expect that Ameren Corporation will post 5.36 EPS for the current year.

Ameren Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, June 9th. Ameren’s payout ratio is currently 53.96%.

Insiders Place Their Bets

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of Ameren stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total value of $164,025.00. Following the completion of the transaction, the senior vice president directly owned 32,943 shares of the company’s stock, valued at $3,602,317.05. The trade was a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by corporate insiders.

Ameren Company 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.