Analysts Set Ameren Corporation (NYSE:AEE) PT at $117.54

Ameren Corporation (NYSE:AEE) has been given an average recommendation of “Moderate Buy” by the fourteen analysts that are presently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $117.5385.

A number of brokerages recently issued reports on AEE. Barclays increased their target price on Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. Wells Fargo & Company reiterated an “overweight” rating and issued a $120.00 target price on shares of Ameren in a report on Tuesday, April 21st. Wall Street Zen cut Ameren from a “hold” rating to a “sell” rating in a report on Monday, May 25th. UBS Group increased their target price on Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Finally, Weiss Ratings raised Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th.

Insider Buying and Selling

In related news, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $109.08, for a total value of $35,451.00. Following the completion of the sale, the senior vice president directly owned 32,618 shares of the company’s stock, valued at approximately $3,557,971.44. This represents a 0.99% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 Investors Weigh In On Ameren

A number of institutional investors and hedge funds have recently bought and sold shares of AEE. Caitong International Asset Management Co. Ltd raised its position in Ameren by 285.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after buying an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Ameren during the 4th quarter valued at $29,000. Osterweis Capital Management Inc. increased its position in shares of 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 during the last quarter. Sound Income Strategies LLC increased its position in shares of 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 during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of Ameren by 74.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 125 shares during the last quarter. 79.09% of the stock is owned by hedge funds and other institutional investors.

Ameren Price Performance

Shares of AEE opened at $108.99 on Tuesday. Ameren has a 12-month low of $93.50 and a 12-month high of $115.58. The business’s fifty day moving average is $110.09 and its 200 day moving average is $106.78. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. The stock has a market cap of $30.16 billion, a P/E ratio of 19.60, a P/E/G ratio of 2.19 and a beta of 0.47.

Ameren (NYSE:AEE) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The company had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same period last year, the business earned $1.07 EPS. Ameren’s quarterly revenue was up 3.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts anticipate that Ameren will post 5.36 earnings per share for the current fiscal year.

Ameren Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, June 9th. Ameren’s dividend payout ratio is presently 53.96%.

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.