Mirae Asset Global Investments Co. Ltd. Acquires 70,066 Shares of Ameren Corporation $AEE

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Ameren Corporation (NYSE:AEE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 70,066 shares of the utilities provider’s stock, valued at approximately $6,963,000.

A number of other hedge funds have also modified their holdings of AEE. BlackRock Inc. bought a new stake in Ameren in the 2nd quarter valued at approximately $2,918,526,000. Janus Henderson Group PLC raised its holdings in shares of Ameren by 11.5% in the first quarter. Janus Henderson Group PLC now owns 5,377,156 shares of the utilities provider’s stock valued at $591,056,000 after purchasing an additional 553,164 shares during the last quarter. Jupiter Topco LLC acquired a new stake in shares of Ameren in the second quarter valued at approximately $578,254,000. Bessemer Group Inc. raised its holdings in shares of Ameren by 0.7% in the first quarter. Bessemer Group Inc. now owns 2,758,605 shares of the utilities provider’s stock valued at $303,227,000 after purchasing an additional 18,526 shares during the last quarter. Finally, Deutsche Bank AG bought a new stake in shares of Ameren in the second quarter worth $253,519,000. 79.09% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ameren

In other news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.93, for a total value of $35,402.25. Following the completion of the transaction, the senior vice president owned 32,340 shares of the company’s stock, valued at $3,522,796.20. This trade represents a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rafael Flores sold 248 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $105.53, for a total transaction of $26,171.44. Following the transaction, the director owned 13,888 shares in the company, valued at $1,465,600.64. This represents a 1.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,073 shares of company stock worth $781,254 over the last quarter. 0.29% of the stock is currently owned by insiders.

Ameren Stock Up 0.0%

NYSE:AEE opened at $113.09 on Friday. The firm has a market capitalization of $31.31 billion, a price-to-earnings ratio of 19.91, a price-to-earnings-growth ratio of 3.30 and a beta of 0.42. Ameren Corporation has a twelve month low of $96.57 and a twelve month high of $118.32. The stock’s 50 day moving average price is $104.77 and its two-hundred day moving average price is $108.46. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38.

Ameren (NYSE:AEE) last announced its quarterly earnings data on Thursday, November 5th. The utilities provider reported $2.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.13. Ameren had a return on equity of 10.95% and a net margin of 17.86%. The company had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.82 billion. During the same quarter in the prior year, the business posted $2.17 EPS. The business’s revenue was up 6.8% compared to the same quarter last year. Equities research analysts expect that Ameren Corporation will post 5.41 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 8th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, December 8th. Ameren’s dividend payout ratio is 52.82%.

Analysts Set New Price Targets

AEE has been the subject of several recent research reports. Bank of America reduced their target price on shares of Ameren from $113.00 to $107.00 and set a “neutral” rating for the company in a report on Wednesday, October 21st. HSBC assumed coverage on shares of Ameren in a research note on Thursday, October 22nd. They issued a “buy” rating and a $119.10 price target on the stock. KeyCorp boosted their price target on shares of Ameren from $116.00 to $122.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 13th. The Goldman Sachs Group reduced their price objective on shares of Ameren from $118.00 to $115.00 and set a “neutral” rating for the company in a research note on Thursday, October 15th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th. Thirteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Ameren has a consensus rating of “Moderate Buy” and an average target price of $117.43.

Key Headlines Impacting Ameren

Here are the key news stories impacting Ameren this week:

• Positive Sentiment: Q3 earnings and revenue beat expectations. Ameren reported adjusted and GAAP diluted EPS of $2.42, versus analysts’ $2.29 estimate, and revenue of $2.88 billion, above the $2.82 billion forecast. Revenue rose 6.8% year over year. The earnings beat and reported guidance lift linked to data-center demand may support investor expectations for growth. Ameren Announces Third Quarter 2026 Results Ameren beats Q3 2026 estimates and lifts guidance on data center demand
• Neutral Sentiment: Insider sale was made under a pre-arranged plan. Director Michael Moehn sold 6,500 shares, about 3.25% of his direct holdings. The transaction was conducted under a Rule 10b5-1 plan, which makes it less clearly indicative of a changed outlook. SEC filing
• Negative Sentiment: Scotiabank’s rating remains cautious. The firm raised its 2026 EPS estimate slightly to $5.41 from $5.38, but maintained a “Sector Perform” rating and a $104 price target. This November 2 assessment predates the earnings release. Scotiabank estimate and rating

Ameren Company Profile

Ameren Corporation is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren Missouri and Ameren Illinois, the company provides electric generation, transmission and distribution services, as well as natural gas distribution.

Ameren serves approximately 2.5 million electric customers and more than 900,000 natural gas customers across Missouri and Illinois. Its operations include a diverse generation portfolio and infrastructure designed to deliver reliable energy to residential, commercial and industrial customers, while supporting the transition toward cleaner energy resources.

Ameren was formed in 1997 through the merger of Union Electric Company and CIPSCO Inc The company is led by Martin J.