Ameren (NYSE:AEE) Downgraded to “Sell” Rating by Wall Street Zen

Wall Street Zen lowered shares of Ameren (NYSE:AEE) from a hold rating to a sell rating in a report published on Saturday.

Several other equities research analysts also recently commented on the stock. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $120.00 target price on shares of Ameren in a research note on Tuesday, April 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $116.00 target price on shares of Ameren in a research note on Friday, January 23rd. Weiss Ratings downgraded shares of Ameren from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Truist Financial initiated coverage on shares of Ameren in a research note on Monday, April 20th. They issued a “buy” rating and a $126.00 target price for the company. Finally, Mizuho set a $117.00 target price on shares of Ameren in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $117.31.

Ameren Stock Up 0.2%

Shares of NYSE:AEE opened at $109.02 on Friday. Ameren has a 52 week low of $93.27 and a 52 week high of $115.58. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.46 and a current ratio of 0.62. The company has a market capitalization of $30.16 billion, a PE ratio of 19.61, a PEG ratio of 2.20 and a beta of 0.50. The company has a 50 day moving average price of $111.02 and a two-hundred day moving average price of $105.92.

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

Institutional Investors Weigh In On Ameren

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of Ameren by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after acquiring an additional 495,945 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in shares of Ameren by 2.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider’s stock worth $1,586,324,000 after acquiring an additional 362,052 shares in the last quarter. State Street Corp increased its position in shares of Ameren by 3.3% during the fourth quarter. State Street Corp now owns 14,503,721 shares of the utilities provider’s stock worth $1,448,342,000 after acquiring an additional 457,876 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Ameren by 1.0% during the third quarter. Ameriprise Financial Inc. now owns 6,283,529 shares of the utilities provider’s stock worth $655,892,000 after acquiring an additional 60,519 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Ameren by 2.9% during the fourth quarter. Invesco Ltd. now owns 5,290,191 shares of the utilities provider’s stock worth $528,278,000 after acquiring an additional 149,952 shares in the last quarter. Institutional investors own 79.09% of the company’s stock.

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.