Mitsubishi UFJ Asset Management Co. Ltd. Boosts Stock Position in Ameren Corporation $AEE

Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Ameren Corporation (NYSE:AEE) by 4.6% during the 4th quarter, HoldingsChannel reports. The fund owned 568,721 shares of the utilities provider’s stock after buying an additional 24,995 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Ameren were worth $57,361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its position in shares of 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 buying an additional 197 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Ameren in the third quarter worth $29,000. Osterweis Capital Management Inc. raised its position in shares of 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 buying an additional 302 shares in the last quarter. Sound Income Strategies LLC raised its position in shares of 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 buying an additional 304 shares in the last quarter. Finally, Wiser Advisor Group LLC purchased a new stake in shares of Ameren in the third quarter worth $35,000. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on AEE shares. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $116.00 price objective on shares of Ameren in a research report on Friday, January 23rd. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a research report on Saturday. Argus increased 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. JPMorgan Chase & Co. increased their price objective on Ameren from $108.00 to $111.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Finally, BMO Capital Markets increased their price objective on Ameren from $112.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ameren has a consensus rating of “Moderate Buy” and an average price target of $117.31.

Ameren Stock Up 0.2%

AEE opened at $109.02 on Friday. The stock has a market cap of $30.16 billion, a PE ratio of 19.61, a P/E/G ratio of 2.19 and a beta of 0.50. The company has a quick ratio of 0.46, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. Ameren Corporation has a 52 week low of $93.27 and a 52 week high of $115.58. The business’s fifty day simple moving average is $111.02 and its 200 day simple moving average is $105.92.

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

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.