Ameren Corporation (NYSE:AEE) Receives $121.42 Average Price Target from Analysts

Shares of Ameren Corporation (NYSE:AEE) have been assigned a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $120.9167.

Several research analysts recently weighed in on AEE shares. Morgan Stanley decreased their price objective on shares of Ameren from $114.00 to $108.00 and set an “equal weight” rating on the stock in a research report on Friday. JPMorgan Chase & Co. lifted their target price on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. KeyCorp raised shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price target for the company in a research note on Thursday, July 23rd. BMO Capital Markets decreased their price target on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Finally, BTIG Research set a $126.00 price objective on shares of Ameren in a research report on Thursday, July 23rd.

Insider Buying and Selling at Ameren

In other news, Director Rafael Flores sold 248 shares of the 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 directly owned 13,888 shares in the company, valued at approximately $1,465,600.64. This represents a 1.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $108.96, for a total value of $708,240.00. Following the transaction, the insider directly owned 199,689 shares in the company, valued at approximately $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,073 shares of company stock worth $769,814 over the last 90 days. Corporate insiders own 0.29% of the company’s stock.

Institutional Trading of Ameren

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Keating Financial Advisory Services Inc. purchased a new position in shares of Ameren during the second quarter worth approximately $27,000. Continuum Advisory LLC bought a new position in shares of Ameren during the 2nd quarter valued at $30,000. Whittier Trust Co. of Nevada Inc. raised its position in Ameren by 74.9% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 125 shares during the period. Aberdeen Wealth Management LLC purchased a new stake in Ameren during the second quarter valued at about $35,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Ameren in the first quarter valued at about $36,000. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Ameren Stock Down 1.5%

Shares of NYSE:AEE opened at $102.31 on Thursday. The firm has a fifty day moving average price of $108.34 and a two-hundred day moving average price of $109.82. The company has a market cap of $28.32 billion, a price-to-earnings ratio of 18.01, a PEG ratio of 2.99 and a beta of 0.46. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. Ameren has a one year low of $96.57 and a one year high of $118.32.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.27 billion. During the same quarter last year, the business posted $1.01 earnings per share. The firm’s revenue was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts anticipate that Ameren will post 5.4 EPS for the current fiscal year.

Ameren Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s dividend payout ratio is currently 52.82%.

Ameren Company Profile

Ameren Corporation (NYSE:AEE) is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren provides energy generation, transmission, distribution and related services to customers in Missouri and Illinois.

Ameren Missouri operates an integrated electric utility serving communities across Missouri and also provides natural gas distribution services in parts of the state. Ameren Illinois operates electric and natural gas distribution businesses serving customers throughout much of Illinois.