Meiji Yasuda Asset Management Co Ltd. Invests $787,000 in Ameren Corporation $AEE

Meiji Yasuda Asset Management Co Ltd. purchased a new position in Ameren Corporation (NYSE:AEE) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 6,965 shares of the utilities provider’s stock, valued at approximately $787,000.

A number of other hedge funds have also bought and sold shares of the company. Keating Financial Advisory Services Inc. purchased a new stake in shares of Ameren in the second quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd raised its position in shares of Ameren by 285.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 197 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new position in Ameren in the fourth quarter worth about $29,000. Osterweis Capital Management Inc. raised its stake in shares of Ameren by 6,040.0% during 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 in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Ameren by 74.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 125 shares during the last quarter. Institutional investors own 79.09% of the company’s stock.

Insider Buying and Selling at Ameren

In other Ameren news, insider Michael L. Moehn sold 6,500 shares of Ameren 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 $21,758,113.44. The trade was a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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. The trade was a 0.99% 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. Corporate insiders own 0.29% of the company’s stock.

Ameren Trading Down 0.2%

Shares of AEE stock opened at $106.94 on Wednesday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The firm has a market cap of $29.61 billion, a PE ratio of 18.83, a price-to-earnings-growth ratio of 2.59 and a beta of 0.47. The company has a 50-day moving average of $110.94 and a two-hundred day moving average of $110.29. Ameren Corporation has a 1-year low of $96.57 and a 1-year high of $118.32.

Ameren (NYSE:AEE) last released its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share 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 the consensus estimate of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.Ameren’s revenue was down 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, analysts predict that Ameren Corporation will post 5.4 EPS for the current year.

Ameren Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.8%. Ameren’s dividend payout ratio is currently 52.82%.

Analyst Ratings Changes

Several analysts have weighed in on AEE shares. Morgan Stanley dropped their target price on shares of Ameren from $118.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Friday, August 21st. Mizuho raised their target price on Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. KeyCorp raised shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price objective for the company in a report on Thursday, July 23rd. BTIG Research set a $126.00 price target on shares of Ameren in a report on Thursday, July 23rd. Finally, Truist Financial decreased their price objective on shares of Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a report on Monday, August 17th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus 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.