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

Resona Asset Management Co. Ltd. reduced its position in Ameren Corporation (NYSE:AEE) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Ameren by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock valued at $3,559,565,000 after acquiring an additional 495,945 shares in the last quarter. State Street Corp grew its position in shares of Ameren by 2.4% during the third quarter. State Street Corp now owns 14,045,845 shares of the utilities provider’s stock worth $1,466,105,000 after buying an additional 328,401 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Ameren by 1.0% during the third quarter. Ameriprise Financial Inc. now owns 6,283,529 shares of the utilities provider’s stock worth $655,892,000 after buying an additional 60,519 shares in the last quarter. Invesco Ltd. grew its position in shares of Ameren by 1.0% during the third quarter. Invesco Ltd. now owns 5,140,239 shares of the utilities provider’s stock worth $536,538,000 after buying an additional 49,282 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Ameren by 68.6% during the third quarter. JPMorgan Chase & Co. now owns 4,080,775 shares of the utilities provider’s stock worth $425,951,000 after buying an additional 1,661,019 shares in the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

Ameren Price Performance

AEE stock 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 stock has a market cap 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 fifty-two week low of $93.50 and a fifty-two week high of $115.58. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39.

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

Ameren Dividend Announcement

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

Insiders Place Their Bets

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction that occurred on 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 owned 32,618 shares in the company, valued at approximately $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

AEE has been the subject of a number of analyst reports. BTIG Research initiated coverage on Ameren in a research report on Thursday, April 9th. They set a “buy” rating and a $131.00 price objective for the company. Truist Financial lowered their price objective on Ameren from $126.00 to $121.00 and set a “buy” rating for the company in a research report on Monday. Wall Street Zen raised Ameren from a “sell” rating to a “hold” rating in a research report on Sunday, May 17th. UBS Group boosted their price objective on Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Finally, Argus boosted their price objective on Ameren from $108.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $117.54.

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.