Nomura Asset Management Co. Ltd. Acquires 2,057 Shares of Ameren Corporation $AEE

Nomura Asset Management Co. Ltd. lifted its holdings in shares of Ameren Corporation (NYSE:AEE) by 2.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 88,768 shares of the utilities provider’s stock after acquiring an additional 2,057 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Ameren were worth $8,525,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of AEE. Nuveen LLC purchased a new stake in shares of Ameren during the 1st quarter valued at $241,496,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Ameren by 5.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 28,404,577 shares of the utilities provider’s stock worth $2,851,821,000 after buying an additional 1,355,848 shares during the last quarter. Alliancebernstein L.P. grew its position in Ameren by 51.7% during the first quarter. Alliancebernstein L.P. now owns 3,576,385 shares of the utilities provider’s stock valued at $359,069,000 after buying an additional 1,218,509 shares during the period. Vanguard Group Inc. increased its holdings in Ameren by 2.9% during the first quarter. Vanguard Group Inc. now owns 34,314,121 shares of the utilities provider’s stock worth $3,445,138,000 after buying an additional 979,928 shares during the last quarter. Finally, Invesco Ltd. raised its position in Ameren by 16.1% in the first quarter. Invesco Ltd. now owns 4,658,775 shares of the utilities provider’s stock worth $467,741,000 after acquiring an additional 646,000 shares during the period. 79.09% of the stock is currently owned by institutional investors.

Ameren Price Performance

Ameren stock opened at $103.45 on Friday. The firm has a market capitalization of $27.98 billion, a P/E ratio of 22.74, a PEG ratio of 2.57 and a beta of 0.50. Ameren Corporation has a one year low of $86.40 and a one year high of $106.73. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.80 and a quick ratio of 0.56. The business has a fifty day moving average price of $103.08 and a 200-day moving average price of $99.84.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.10 by $0.07. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The business had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.64 billion. During the same quarter in the prior year, the firm posted $1.87 EPS. The firm’s quarterly revenue was up 24.2% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. As a group, equities research analysts forecast that Ameren Corporation will post 4.93 EPS for the current year.

Ameren Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Tuesday, December 9th. Ameren’s dividend payout ratio (DPR) is 54.62%.

Insider Buying and Selling

In related news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.44, for a total transaction of $659,360.00. Following the completion of the transaction, the chief financial officer owned 198,973 shares of the company’s stock, valued at approximately $20,183,821.12. The trade was a 3.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on AEE. KeyCorp increased their target price on shares of Ameren from $104.00 to $109.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Wells Fargo & Company assumed coverage on Ameren in a research report on Monday, October 27th. They issued an “overweight” rating and a $112.00 target price for the company. Morgan Stanley boosted their target price on Ameren from $104.00 to $111.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Royal Bank Of Canada upgraded Ameren to a “hold” rating in a research note on Tuesday, October 28th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ameren in a report on Wednesday. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ameren presently has an average rating of “Moderate Buy” and a consensus target price of $109.50.

Ameren Profile

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.