SBI Okasan Asset Management Co.Ltd. Buys New Stake in Ameren Corporation $AEE

SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of Ameren Corporation (NYSE:AEE) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,100 shares of the utilities provider’s stock, valued at approximately $712,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd purchased a new position in Ameren during the third quarter worth $1,097,000. ANTIPODES PARTNERS Ltd boosted its stake in Ameren by 104,698.0% during the third quarter. ANTIPODES PARTNERS Ltd now owns 1,370,758 shares of the utilities provider’s stock worth $143,091,000 after buying an additional 1,369,450 shares during the period. Jefferies Financial Group Inc. purchased a new position in Ameren during the third quarter worth $4,868,000. Tudor Investment Corp ET AL boosted its stake in Ameren by 23.7% during the third quarter. Tudor Investment Corp ET AL now owns 155,836 shares of the utilities provider’s stock worth $16,266,000 after buying an additional 29,807 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in Ameren by 3.6% during the third quarter. Alliancebernstein L.P. now owns 3,378,053 shares of the utilities provider’s stock worth $352,601,000 after buying an additional 116,819 shares during the period. 79.09% of the stock is owned by hedge funds and other institutional investors.

Ameren Stock Down 0.9%

Shares of AEE opened at $107.91 on Friday. The firm has a market capitalization of $29.86 billion, a P/E ratio of 19.41, a P/E/G 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. 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 firm has a fifty day moving average price of $110.28 and a 200-day moving average price of $106.57.

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

Ameren Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, June 9th. Ameren’s payout ratio is presently 53.96%.

Wall Street Analysts Forecast Growth

Several research firms have commented on AEE. Morgan Stanley set a $110.00 price objective on shares of Ameren in a research note on Thursday, May 21st. BTIG Research began coverage on shares of Ameren in a research note on Thursday, April 9th. They set a “buy” rating and a $131.00 price objective for the company. Wells Fargo & Company reaffirmed an “overweight” rating and set a $120.00 price objective on shares of Ameren in a research note on Tuesday, April 21st. BMO Capital Markets boosted their target price on shares of Ameren from $112.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Finally, Mizuho set a $117.00 target price on shares of Ameren in a research note on Friday, February 13th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $117.54.

Insider Buying and Selling at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $109.08, for a total value of $35,451.00. Following the completion of the sale, the senior vice president directly owned 32,618 shares in the company, valued at $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is 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.