Ameren (NYSE:AEE) Director Sells $26,171.44 in Stock

Ameren Corporation (NYSE:AEE) Director Rafael Flores sold 248 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were 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 $1,465,600.64. The trade was a 1.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Ameren Trading Down 0.9%

Shares of Ameren stock traded down $0.97 during trading hours on Monday, reaching $103.93. 2,350,968 shares of the company’s stock were exchanged, compared to its average volume of 1,691,578. Ameren Corporation has a 52-week low of $96.57 and a 52-week high of $118.32. The company has a fifty day moving average of $109.33 and a 200-day moving average of $110.11. 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 firm has a market capitalization of $28.77 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 3.07 and a beta of 0.46.

Ameren (NYSE:AEE) last released its earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.08 by $0.05. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The firm had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same period in the prior year, the firm posted $1.01 earnings per share. The business’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. Sell-side analysts forecast that Ameren Corporation will post 5.4 EPS for the current fiscal year.

Ameren Announces Dividend

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

Analysts Set New Price Targets

AEE has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. Mizuho boosted their price target on Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. KeyCorp raised Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price objective on the stock in a research note on Thursday, July 23rd. Finally, BTIG Research set a $126.00 target price on shares of Ameren in a research report on Thursday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $121.42.

Hedge Funds Weigh In On Ameren

Institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System grew its stake in Ameren by 11,497.8% during the 2nd quarter. California State Teachers Retirement System now owns 36,403,854 shares of the utilities provider’s stock valued at $4,115,092,000 after purchasing an additional 36,089,967 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Ameren in the 2nd quarter valued at approximately $2,918,526,000. Jupiter Topco LLC purchased a new position in shares of Ameren during the 2nd quarter valued at approximately $578,254,000. Deutsche Bank AG acquired a new stake in shares of Ameren during the second quarter worth approximately $253,519,000. Finally, Bank of America Corp DE acquired a new stake in shares of Ameren during the second quarter worth approximately $245,881,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

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.