SBI Okasan Asset Management Co.Ltd. Acquires New Shares in Ameren Corporation $AEE

SBI Okasan Asset Management Co.Ltd. acquired a new stake in Ameren Corporation (NYSE:AEE) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,100 shares of the utilities provider’s stock, valued at approximately $712,000.

A number of other large investors have also added to or reduced their stakes in AEE. Caitong International Asset Management Co. Ltd raised its holdings in Ameren by 285.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 197 shares in the last quarter. Osterweis Capital Management Inc. raised its holdings in Ameren by 6,040.0% in the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 302 shares in the last quarter. Sound Income Strategies LLC raised its holdings in Ameren by 6,080.0% in the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 304 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Ameren by 45.4% in the fourth 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 in the last quarter. Finally, Wiser Advisor Group LLC bought a new position in Ameren in the third quarter worth about $35,000. 79.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. UBS Group boosted their target price on shares of Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a report on Friday, February 20th. JPMorgan Chase & Co. upgraded shares of Ameren from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $120.00 to $126.00 in a report on Thursday, May 21st. BMO Capital Markets boosted their target price on shares of Ameren from $112.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Barclays boosted their target price on shares of Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. Finally, BTIG Research started coverage on shares of Ameren in a report on Thursday, April 9th. They issued a “buy” rating and a $131.00 target price for the company. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $117.54.

Insider Buying and Selling

In related news, SVP Theresa A. Shaw sold 325 shares of the company’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 sale, the senior vice president owned 32,618 shares in the company, valued at $3,557,971.44. This represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 Stock Performance

AEE opened at $107.91 on Friday. Ameren Corporation has a 52-week low of $93.50 and a 52-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. The company has a market cap of $29.86 billion, a P/E ratio of 19.41, a price-to-earnings-growth ratio of 2.19 and a beta of 0.50. The firm’s 50-day moving average price is $110.28 and its 200-day moving average price is $106.57.

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

Ameren Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given 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 2.8%. Ameren’s dividend payout ratio is currently 53.96%.

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.