Mitsubishi UFJ Asset Management Co. Ltd. Takes $75.33 Million Position in Ameren Corporation $AEE

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Ameren Corporation (NYSE:AEE) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 666,365 shares of the utilities provider’s stock, valued at approximately $75,326,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its position in Ameren by 285.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in shares of Ameren in the 4th quarter worth about $29,000. Osterweis Capital Management Inc. lifted its holdings in shares of Ameren by 6,040.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 302 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Ameren by 74.9% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 125 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Ameren by 45.4% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 109 shares during the period. 79.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on AEE shares. Barclays upped their price target 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. JPMorgan Chase & Co. boosted their target price on Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. BTIG Research set a $126.00 target price on Ameren in a research report on Thursday, July 23rd. Mizuho upped their target price on Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $121.75.

Ameren Trading Up 0.3%

AEE stock opened at $109.75 on Wednesday. The company has a market capitalization of $30.38 billion, a PE ratio of 19.32, a P/E/G ratio of 2.65 and a beta of 0.47. Ameren Corporation has a 12 month low of $96.57 and a 12 month high of $118.32. The firm’s 50-day moving average is $111.09 and its 200 day moving average is $110.15. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37.

Ameren (NYSE:AEE) last released its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.05. The company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm’s quarterly revenue was down 5.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, research analysts anticipate that Ameren Corporation will post 5.39 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 2.7%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s payout ratio is currently 52.82%.

Insider Buying and Selling

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total transaction of $35,402.25. Following the transaction, the senior vice president directly owned 32,340 shares in the company, valued at $3,522,796.20. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total value of $708,240.00. Following the sale, the insider directly owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. This trade represents a 3.15% 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 currently owned by insiders.

About Ameren

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.