Wall Street Zen Upgrades Ameren (NYSE:AEE) to “Hold”

Ameren (NYSE:AEE) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Other analysts also recently issued research reports about the stock. 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 report on Friday, September 25th. KeyCorp boosted their target price on shares of Ameren from $116.00 to $122.00 and gave the company an “overweight” rating in a research report on Tuesday, October 13th. BMO Capital Markets dropped their target price on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Morgan Stanley cut their target price on shares of Ameren from $114.00 to $108.00 and set an “equal weight” rating on the stock in a research note on Friday, September 18th. Finally, Scotiabank began coverage on shares of Ameren in a report on Tuesday, September 29th. They issued a “sector perform” rating and a $104.00 price target for the company. Ten equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Ameren presently has an average rating of “Moderate Buy” and an average target price of $117.77.

Ameren Stock Up 0.0%

Shares of NYSE:AEE opened at $106.09 on Friday. The company has a market capitalization of $29.37 billion, a price-to-earnings ratio of 18.68, a P/E/G ratio of 3.10 and a beta of 0.44. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The business’s 50-day moving average is $104.51 and its 200-day moving average is $108.58. Ameren has a 1 year low of $96.57 and a 1 year high of $118.32.

Ameren (NYSE:AEE) last announced 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 company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the prior year, the company earned $1.01 EPS. The firm’s revenue for the quarter was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities research analysts predict that Ameren will post 5.40 earnings per share for the current year.

Insider Activity at Ameren

In other Ameren news, SVP Theresa Shaw sold 325 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total transaction of $35,402.25. Following the transaction, the senior vice president directly owned 32,340 shares in the company, valued at approximately $3,522,796.20. This trade represents a 0.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Moehn sold 6,500 shares of Ameren stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total transaction of $708,240.00. Following the transaction, the insider directly owned 199,689 shares in the company, valued at $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 7,073 shares of company stock valued at $769,814 over the last 90 days. Insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AEE. IFP Advisors Inc grew its position in shares of Ameren by 5.1% in the third quarter. IFP Advisors Inc now owns 2,051 shares of the utilities provider’s stock valued at $204,000 after purchasing an additional 100 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in shares of Ameren by 9.7% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 2,267 shares of the utilities provider’s stock valued at $227,000 after purchasing an additional 201 shares during the period. Pension & Wealth Management Advisors Inc. purchased a new stake in Ameren during the 3rd quarter worth about $40,000. NFSG Corp purchased a new stake in Ameren during the 3rd quarter worth about $449,000. Finally, Assenagon Asset Management S.A. lifted its holdings in Ameren by 326.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 437,938 shares of the utilities provider’s stock worth $43,522,000 after purchasing an additional 335,241 shares in the last quarter. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

Ameren Company Profile

Ameren Corporation is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren Missouri and Ameren Illinois, the company provides electric generation, transmission and distribution services, as well as natural gas distribution.

Ameren serves approximately 2.5 million electric customers and more than 900,000 natural gas customers across Missouri and Illinois. Its operations include a diverse generation portfolio and infrastructure designed to deliver reliable energy to residential, commercial and industrial customers, while supporting the transition toward cleaner energy resources.

Ameren was formed in 1997 through the merger of Union Electric Company and CIPSCO Inc The company is led by Martin J.