Manila Electric Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

PSE:MER Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
25 Nov 25	Buy₱1,806,000	Manuel Pangilinan	Individual	3,000	₱602.00
04 Nov 25	Buy₱114,300	Hans Montenegro	Individual	200	₱571.50
09 Oct 25	Buy₱13,649,060	Manuel Pangilinan	Individual	25,000	₱547.50
29 Sep 25	Buy₱10,500	Erville Magtubo	Individual	20	₱525.00
30 Jun 25	Buy₱2,739,745	Artemio Panganiban	Individual	5,000	₱550.00
30 Jun 25	Buy₱2,739,745	Pedro Emilio Roxas	Individual	5,000	₱550.00
16 Jun 25	Buy₱2,737,500	Lydia R. Echauz	Individual	5,000	₱547.50
16 Jun 25	Buy₱2,739,502	Patrick Henry Go	Individual	5,000	₱548.00
16 Jun 25	Buy₱2,739,502	Lance Gokongwei	Individual	5,000	₱548.00
16 Jun 25	Buy₱2,737,500	Ray Espinosa	Individual	5,000	₱547.50
16 Jun 25	Buy₱2,739,502	Jose Maria Lim	Individual	5,000	₱548.00
16 Jun 25	Buy₱2,737,500	James Gokongwei	Individual	5,000	₱547.50
16 Jun 25	Buy₱2,739,502	Victorico P. Vargas	Individual	5,000	₱548.00
16 Jun 25	Buy₱2,737,500	June Cheryl Cabal-Revilla	Individual	5,000	₱547.50
16 Jun 25	Buy₱2,739,502	Manuel Pangilinan	Individual	5,000	₱548.00

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of MER?
Owner Type	Number of Shares	Ownership Percentage
Employee Share Scheme	489	0.0000434%
Individual Insiders	2,596,291	0.23%
Institutions	29,828,011	2.65%
General Public	168,004,176	14.9%
Public Companies	343,785,993	30.5%
Private Companies	582,877,549	51.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 84.52% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
47.5%	Metro Pacific Investments Corporation	534,966,042	₱307.1b	0%	no data
26.4%	JG Summit Holdings, Inc.	297,189,397	₱170.6b	0%	no data
4.13%	Top Frontier Investment Holdings, Inc.	46,596,596	₱26.7b	0%	no data
3.94%	Lopez, Inc.	44,382,436	₱25.5b	0%	no data
0.65%	BlackRock, Inc.	7,289,255	₱4.2b	-22.4%	no data
0.64%	Vanguard Capital Management, LLC	7,202,002	₱4.1b	0.2%	no data
0.24%	Geode Capital Management, LLC	2,670,661	₱1.5b	-3.45%	no data
0.22%	Mantes Corporation	2,486,427	₱1.4b	0%	no data
0.16%	Vanguard Fiduciary Trust Company	1,764,322	₱1.0b	1.06%	no data
0.079%	BNY Asset Management	888,760	₱510.1m	0.23%	no data
0.079%	State Street Global Advisors, Inc.	885,570	₱508.3m	2.6%	no data
0.077%	Dimensional Fund Advisors LP	869,237	₱498.9m	0.56%	no data
0.055%	Sjunde AP-fonden	625,290	₱358.9m	0%	no data
0.05%	UBS Asset Management AG	560,560	₱321.8m	0.12%	no data
0.043%	Columbia Management Investment Advisers, LLC	489,597	₱281.0m	0.12%	no data
0.042%	Deutsche Asset & Wealth Management	478,705	₱274.8m	0%	no data
0.042%	Saturna Capital Corporation	478,500	₱274.6m	0%	0.05%
0.039%	Vanguard Asset Management, Limited	441,490	₱253.4m	1.36%	no data
0.036%	Lucio Yan	403,208	₱231.4m	0%	no data
0.035%	BP Insurance Agency, Inc.	397,809	₱228.4m	0%	no data
0.03%	Empowered Funds, LLC	335,863	₱192.8m	100%	0.03%
0.029%	Amundi Asset Management SAS	325,960	₱187.1m	5.17%	no data
0.028%	Cua Cheng	314,534	₱180.6m	0%	no data
0.026%	Charles Schwab Investment Management, Inc.	296,360	₱170.1m	-0.34%	no data
0.025%	Avesco Marketing Corporation	284,427	₱163.3m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/11 05:38
End of Day Share Price	2026/06/11 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Manila Electric Company is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Julian Vincent Roxas	BofA Global Research
Eunice Dolatre	CGS International
Jan Derrick Guarin	CLSA