Ameren (NYSE:AEE) Price Target Cut to $113.00 by Analysts at Mizuho

Ameren (NYSE:AEE) had its target price dropped by equities researchers at Mizuho from $124.00 to $113.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage presently has an “outperform” rating on the utilities provider’s stock. Mizuho’s price target would suggest a potential upside of 12.54% from the company’s previous close.

Other equities analysts have also issued research reports about the company. BTIG Research set a $126.00 price target on Ameren in a research report on Thursday, July 23rd. Royal Bank Of Canada reduced their price objective on shares of Ameren from $114.00 to $107.00 and set a “sector perform” rating for the company in a research note on Friday, September 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $118.08.

Ameren Stock Performance

Ameren stock opened at $100.41 on Wednesday. Ameren has a twelve month low of $96.57 and a twelve month high of $118.32. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $27.80 billion, a P/E ratio of 17.69, a PEG ratio of 2.90 and a beta of 0.46. The stock’s 50 day moving average is $106.72 and its 200 day moving average is $109.25.

Ameren (NYSE:AEE) last announced its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter in the previous year, the business earned $1.01 earnings per share. The firm’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 research analysts predict that Ameren will post 5.4 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Theresa Shaw sold 325 shares of Ameren stock in a transaction on Friday, August 14th. The shares were sold at an average price of $108.93, for a total transaction of $35,402.25. Following the transaction, the senior vice president owned 32,340 shares in the company, valued at $3,522,796.20. This trade represents a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Moehn sold 6,500 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total transaction of $708,240.00. Following the sale, the insider directly owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. The trade was a 3.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 7,073 shares of company stock worth $769,814. Company insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. QRG Capital Management Inc. increased its stake in Ameren by 8.8% in the 2nd quarter. QRG Capital Management Inc. now owns 67,474 shares of the utilities provider’s stock worth $7,627,000 after buying an additional 5,467 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Ameren by 16.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,179 shares of the utilities provider’s stock valued at $246,000 after purchasing an additional 311 shares during the period. Premier Financial Group purchased a new position in Ameren in the 2nd quarter worth approximately $39,000. Sequoia Financial Advisors LLC grew its holdings in Ameren by 10.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 16,441 shares of the utilities provider’s stock valued at $1,858,000 after buying an additional 1,493 shares in the last quarter. Finally, Tidal Investments LLC raised its position in shares of Ameren by 226.6% during the second quarter. Tidal Investments LLC now owns 31,672 shares of the utilities provider’s stock valued at $3,580,000 after buying an additional 21,975 shares during the last quarter. 79.09% of the stock is owned by hedge funds and other institutional investors.

About Ameren

Ameren Corporation is a regulated utility holding company that provides electric and natural gas services to customers in Illinois and Missouri. Through its operating companies, Ameren delivers energy to residential, commercial and industrial customers and operates the infrastructure required to generate, transmit and distribute electricity, as well as distribute natural gas.

Ameren Missouri is involved in electric generation, transmission and distribution and natural gas distribution across Missouri.