Ameren Corporation (NYSE:AEE) Receives Average Rating of “Moderate Buy” from Brokerages

Ameren Corporation (NYSE:AEE) has been given a consensus rating of “Moderate Buy” by the thirteen analysts that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $120.9167.

A number of analysts have recently issued reports on AEE shares. BMO Capital Markets dropped their target price on Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Barclays raised their price objective on Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. JPMorgan Chase & Co. lifted their price objective on Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Mizuho upped their target price on Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, Truist Financial reduced their target price on Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, August 17th.

Ameren Trading Down 1.9%

AEE opened at $99.73 on Thursday. The firm has a market capitalization of $27.61 billion, a P/E ratio of 17.56, a P/E/G ratio of 2.97 and a beta of 0.46. The firm’s 50 day moving average is $107.65 and its 200-day moving average is $109.56. 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.

Ameren (NYSE:AEE) last announced its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.05. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business’s quarterly revenue was down 5.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts expect that Ameren will post 5.4 EPS for the current fiscal year.

Ameren Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Tuesday, September 8th. Ameren’s dividend payout ratio is 52.82%.

Insider Buying and Selling at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of the company’s stock in a transaction that occurred 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 sale, the senior vice president owned 32,340 shares in the company, valued at $3,522,796.20. This represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total value of $708,240.00. Following the sale, the insider directly owned 199,689 shares in the company, valued at approximately $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,073 shares of company stock worth $769,814 in the last ninety days. 0.29% of the stock is owned by insiders.

Institutional Investors Weigh In On Ameren

Several institutional investors and hedge funds have recently bought and sold shares of AEE. BlackRock Inc. bought a new stake in shares of Ameren in the 2nd quarter worth approximately $2,918,526,000. T. Rowe Price Investment Management Inc. raised its stake in shares of Ameren by 2.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider’s stock valued at $1,586,324,000 after purchasing an additional 362,052 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in Ameren by 11.5% in the first quarter. Janus Henderson Group PLC now owns 5,377,156 shares of the utilities provider’s stock worth $591,056,000 after purchasing an additional 553,164 shares during the period. Jupiter Topco LLC bought a new position in shares of Ameren in the second quarter valued at approximately $578,254,000. Finally, Bessemer Group Inc. boosted its stake in Ameren by 0.7% during the 1st quarter. Bessemer Group Inc. now owns 2,758,605 shares of the utilities provider’s stock valued at $303,227,000 after purchasing an additional 18,526 shares in the last quarter. 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.