Ameren Corporation (NYSE:AEE – Get Free Report) SVP Theresa Shaw sold 325 shares of Ameren stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total transaction of $35,402.25. Following the sale, the senior vice president owned 32,340 shares in the company, valued at $3,522,796.20. This represents a 0.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ameren Price Performance
Shares of AEE stock traded down $0.22 during mid-day trading on Monday, reaching $109.52. The company’s stock had a trading volume of 936,780 shares, compared to its average volume of 1,728,115. The firm’s 50-day moving average is $111.01 and its two-hundred day moving average is $110.07. The company has a market cap of $30.32 billion, a P/E ratio of 19.28, a PEG ratio of 2.65 and a beta of 0.47. Ameren Corporation has a 1-year low of $96.57 and a 1-year high of $118.32. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53.
Ameren (NYSE:AEE – Get Free Report) last issued its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.05. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm’s revenue was down 5.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, research analysts predict that Ameren Corporation will post 5.39 earnings per share for the current year.
Ameren Dividend Announcement
Institutional Trading of Ameren
Several hedge funds have recently modified their holdings of the company. Parallax Volatility Advisers L.P. acquired a new position in shares of Ameren in the 2nd quarter worth approximately $268,000. Perennial Investment Advisors LLC bought a new stake in Ameren during the 2nd quarter worth approximately $250,000. Bank of America Corp DE bought a new stake in shares of Ameren during the second quarter worth $245,881,000. Freestone Grove Partners LP acquired a new stake in shares of Ameren in the second quarter valued at $1,531,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in shares of Ameren in the second quarter valued at $62,247,000. Institutional investors and hedge funds own 79.09% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the company. Truist Financial cut their target price on Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research report on Monday. Morgan Stanley upped their price target on Ameren from $115.00 to $118.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 22nd. KeyCorp upgraded Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price objective for the company in a research note on Thursday, July 23rd. Wells Fargo & Company reissued an “overweight” rating and set a $120.00 price objective on shares of Ameren in a report on Tuesday, April 21st. Finally, BMO Capital Markets reduced their target price on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Ameren presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.75.
Read Our Latest Analysis on Ameren
About Ameren
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.
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