Michael Moehn Sells 6,500 Shares of Ameren (NYSE:AEE) Stock

Ameren Corporation (NYSE:AEE) insider Michael Moehn sold 6,500 shares of Ameren 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 completion of the transaction, the insider directly owned 199,689 shares of the company’s stock, valued at $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ameren Price Performance

NYSE AEE traded down $0.39 on Wednesday, hitting $109.05. 1,664,286 shares of the company were exchanged, compared to its average volume of 1,740,422. Ameren Corporation has a 1-year low of $96.57 and a 1-year high of $118.32. The firm has a 50 day moving average of $110.90 and a two-hundred day moving average of $109.78. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. The company has a market cap of $30.18 billion, a P/E ratio of 19.20, a P/E/G ratio of 2.65 and a beta of 0.47.

Ameren (NYSE:AEE) last posted its quarterly earnings data 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. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter last year, the company posted $1.01 EPS. The company’s quarterly 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. On average, equities analysts predict that Ameren Corporation will post 5.39 EPS for the current year.

Ameren Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued a $0.75 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.8%. Ameren’s dividend payout ratio (DPR) is currently 52.82%.

Hedge Funds Weigh In On Ameren

Hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC lifted its stake in shares of Ameren by 22.9% in the 1st quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock valued at $811,000 after purchasing an additional 1,503 shares during the period. Empowered Funds LLC grew its stake in shares of Ameren by 19.8% during the first quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock worth $628,000 after purchasing an additional 1,034 shares during the period. Woodline Partners LP increased its holdings in Ameren by 42.2% in the first quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock valued at $2,289,000 after purchasing an additional 6,772 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Ameren by 48.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock valued at $149,000 after purchasing an additional 505 shares during the last quarter. Finally, Brown Advisory Inc. lifted its stake in Ameren by 6.3% in the second quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock valued at $450,000 after buying an additional 277 shares during the period. 79.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AEE has been the topic of several research reports. JPMorgan Chase & Co. upped their price objective on Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Barclays boosted their target price on Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. Weiss Ratings raised Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Wells Fargo & Company reiterated an “overweight” rating and issued a $120.00 price target on shares of Ameren in a report on Tuesday, April 21st. Finally, BMO Capital Markets lowered their price objective on Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Ameren presently has an average rating of “Moderate Buy” and a consensus price target of $122.08.

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.