Ameren (NYSE:AEE) Announces Quarterly Earnings Results

Ameren (NYSE:AEE) released its quarterly earnings results on Wednesday. The utilities provider reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.07, Zacks reports. The company had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.64 billion. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The business’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.87 earnings per share. Ameren updated its FY 2026 guidance to 5.250-5.450 EPS and its FY 2025 guidance to 4.900-5.100 EPS.

Ameren Stock Performance

Ameren stock opened at $102.09 on Friday. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.80 and a quick ratio of 0.56. Ameren has a 12 month low of $85.70 and a 12 month high of $106.73. The company has a market cap of $27.61 billion, a price-to-earnings ratio of 22.44, a price-to-earnings-growth ratio of 2.57 and a beta of 0.50. The stock’s 50-day moving average is $102.15 and its 200-day moving average is $99.43.

Ameren Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be paid a dividend of $0.71 per share. The ex-dividend date is Tuesday, December 9th. This represents a $2.84 annualized dividend and a yield of 2.8%. Ameren’s dividend payout ratio is currently 54.62%.

Wall Street Analysts Forecast Growth

AEE has been the subject of several analyst reports. Mizuho boosted their target price on shares of Ameren from $108.00 to $114.00 and gave the company an “outperform” rating in a research note on Monday, October 27th. Wells Fargo & Company assumed coverage on shares of Ameren in a research report on Monday, October 27th. They issued an “overweight” rating and a $112.00 price objective for the company. KeyCorp raised their target price on shares of Ameren from $104.00 to $109.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Barclays set a $113.00 target price on shares of Ameren in a research note on Tuesday, October 21st. Finally, Royal Bank Of Canada upgraded Ameren to a “hold” rating in a report on Tuesday, October 28th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $109.50.

Insider Activity at Ameren

In related news, CFO Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.44, for a total value of $659,360.00. Following the transaction, the chief financial officer owned 198,973 shares in the company, valued at approximately $20,183,821.12. This trade represents a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Gwendolyn G. Mizell sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $101.79, for a total transaction of $101,790.00. Following the sale, the senior vice president owned 9,129 shares of the company’s stock, valued at approximately $929,240.91. This represents a 9.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.42% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. boosted its position in shares of Ameren by 3.0% in the second quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider’s stock worth $597,673,000 after buying an additional 179,137 shares during the period. Soroban Capital Partners LP grew its position in Ameren by 22.2% in the second quarter. Soroban Capital Partners LP now owns 1,378,981 shares of the utilities provider’s stock valued at $132,437,000 after acquiring an additional 250,467 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in Ameren by 3.9% in the second quarter. The Manufacturers Life Insurance Company now owns 573,736 shares of the utilities provider’s stock valued at $55,102,000 after acquiring an additional 21,700 shares in the last quarter. Sei Investments Co. raised its stake in shares of Ameren by 35.7% during the second quarter. Sei Investments Co. now owns 369,792 shares of the utilities provider’s stock valued at $35,514,000 after purchasing an additional 97,241 shares during the period. Finally, Canada Pension Plan Investment Board grew its holdings in Ameren by 18.8% during the 2nd quarter. Canada Pension Plan Investment Board now owns 324,195 shares of the utilities provider’s stock valued at $31,136,000 after purchasing an additional 51,275 shares in the last quarter. 79.09% of the stock is owned by hedge funds and other institutional investors.

About Ameren

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.