Mizuho Issues Positive Forecast for Ameren (NYSE:AEE) Stock Price

Ameren (NYSE:AEE) had its price objective raised by equities research analysts at Mizuho from $122.00 to $124.00 in a research report issued on Monday,Benzinga reports. The firm currently has an “outperform” rating on the utilities provider’s stock. Mizuho’s price objective indicates a potential upside of 12.97% from the company’s current price.

Several other research analysts have also recently weighed in on the company. Barclays boosted their target price on Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. BMO Capital Markets lowered their price objective on Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Wall Street Zen upgraded Ameren from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $120.00 target price on shares of Ameren in a research note on Tuesday, April 21st. Finally, Morgan Stanley upped their price objective on shares of Ameren from $115.00 to $118.00 and gave the company an “equal weight” rating in a report on Wednesday, July 22nd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $122.08.

Ameren Trading Up 0.1%

Shares of AEE opened at $109.76 on Monday. Ameren has a 52-week low of $96.57 and a 52-week 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 firm’s fifty day moving average is $110.96 and its two-hundred day moving average is $109.67. The stock has a market cap of $30.38 billion, a PE ratio of 19.32, a price-to-earnings-growth ratio of 2.65 and a beta of 0.47.

Ameren (NYSE:AEE) last released its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the prior year, the firm earned $1.01 earnings per share. The company’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. Research analysts forecast that Ameren will post 5.39 earnings per share for the current fiscal year.

Insider Transactions at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total value of $164,025.00. Following the completion of the sale, the senior vice president owned 32,943 shares of the company’s stock, valued at approximately $3,602,317.05. This trade represents a 4.36% 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. Insiders own 0.29% of the company’s stock.

Institutional Trading of Ameren

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Tema ETFs LLC grew its position in Ameren by 9.2% during the second quarter. Tema ETFs LLC now owns 5,156 shares of the utilities provider’s stock worth $583,000 after buying an additional 435 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in Ameren by 2.6% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,695 shares of the utilities provider’s stock valued at $2,113,000 after purchasing an additional 469 shares in the last quarter. Everpar Advisors LLC raised its holdings in Ameren by 11.7% during the second quarter. Everpar Advisors LLC now owns 2,127 shares of the utilities provider’s stock worth $240,000 after purchasing an additional 223 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in Ameren by 8.1% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 37,971 shares of the utilities provider’s stock valued at $4,292,000 after purchasing an additional 2,854 shares during the last quarter. Finally, Valeo Financial Advisors LLC acquired a new position in shares of Ameren during the 2nd quarter worth $228,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

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.