Ameren (NYSE:AEE – Get Free Report) had its price objective lowered by research analysts at JPMorgan Chase & Co. from $123.00 to $120.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 12.68% from the stock’s previous close.
AEE has been the topic of a number of other reports. Morgan Stanley cut their price objective on Ameren from $119.00 to $117.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. BMO Capital Markets raised their price objective on Ameren from $112.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. BTIG Research assumed coverage on Ameren in a report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price objective on the stock. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, UBS Group raised their price objective on Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $118.00.
View Our Latest Stock Analysis on AEE
Ameren Stock Performance
Ameren (NYSE:AEE – Get Free Report) last released its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.11. The firm had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, research analysts predict that Ameren will post 5.36 earnings per share for the current year.
Insider Activity at Ameren
In related news, SVP Theresa A. Shaw sold 325 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $109.08, for a total transaction of $35,451.00. Following the sale, the senior vice president directly owned 32,618 shares in the company, valued at approximately $3,557,971.44. This trade represents a 0.99% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.
Institutional Investors Weigh In On Ameren
Several hedge funds have recently modified their holdings of AEE. Caitong International Asset Management Co. Ltd grew its stake in Ameren by 285.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 197 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Ameren during the 3rd quarter valued at approximately $29,000. Garton & Associates Financial Advisors LLC acquired a new stake in Ameren during the 4th quarter valued at approximately $29,000. Osterweis Capital Management Inc. grew its stake in Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 302 shares in the last quarter. Finally, Sound Income Strategies LLC grew its stake in Ameren by 6,080.0% during the 4th quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 304 shares in the last quarter. 79.09% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Ameren
Here are the key news stories impacting Ameren this week:
- Positive Sentiment: Ameren’s board declared a quarterly cash dividend of 75 cents per share, reinforcing its appeal as an income stock for utility investors. The dividend is payable June 30 to shareholders of record on June 9. Ameren Corporation Directors Declare Quarterly Dividend
- Positive Sentiment: Analyst sentiment remains constructive overall, with Ameren carrying a “Moderate Buy” consensus rating and an average target price around $118, suggesting some upside from recent levels. Ameren Corporation Receives Average Rating of Moderate Buy from Analysts
- Positive Sentiment: JPMorgan still sees value in the name, recently setting a $120 price target, which supports the view that analysts see Ameren as a steady utility with limited downside and modest upside potential. Ameren Given New $120.00 Price Target at JPMorgan Chase & Co.
- Neutral Sentiment: Ameren’s recent earnings report was solid, with EPS of $1.28 beating estimates, though revenue came in slightly below expectations. That keeps the fundamentals stable, but it is not a fresh catalyst today.
- Negative Sentiment: Recent insider selling by SVP Theresa Shaw may add some pressure to sentiment, even though the trades were small and made under a pre-arranged 10b5-1 plan. Insider Selling: Ameren (NYSE:AEE) SVP Sells 325 Shares of Stock
- Negative Sentiment: JPMorgan cut its price target from $123 to $120 and kept a neutral stance, which may have tempered enthusiasm despite the stock still implying some upside. Ameren (NYSE:AEE) Given New $120.00 Price Target at JPMorgan Chase & Co.
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.
Recommended Stories
- Five stocks we like better than Ameren
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Receive News & Ratings for Ameren Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ameren and related companies with MarketBeat.com's FREE daily email newsletter.
