Ameren Corporation (NYSE:AEE) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Ameren Corporation (NYSE:AEEGet Free Report) has received an average rating of “Moderate Buy” from the thirteen analysts that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $122.0833.

A number of equities analysts have recently commented on AEE shares. Wall Street Zen upgraded shares of Ameren from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. BTIG Research set a $126.00 price objective on Ameren in a report on Thursday, July 23rd. Mizuho raised their target price on Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday. Wells Fargo & Company reaffirmed an “overweight” rating and set a $120.00 target price on shares of Ameren in a research report on Tuesday, April 21st. Finally, Barclays lifted 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.

Read Our Latest Report on Ameren

Insider Activity

In other news, SVP Theresa A. Shaw sold 1,500 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $109.35, for a total transaction of $164,025.00. Following the transaction, the senior vice president owned 32,943 shares in the company, valued at approximately $3,602,317.05. This represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by insiders.

Institutional Trading of Ameren

A number of hedge funds and other institutional investors have recently bought and sold shares of AEE. Vanguard Group Inc. lifted its holdings in shares of Ameren by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock valued at $3,559,565,000 after purchasing an additional 495,945 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its position in Ameren by 2.3% in the 4th 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 buying an additional 362,052 shares during the last quarter. State Street Corp raised its position in Ameren by 3.3% in the 4th quarter. State Street Corp now owns 14,503,721 shares of the utilities provider’s stock valued at $1,448,342,000 after buying an additional 457,876 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Ameren by 3.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider’s stock valued at $597,673,000 after acquiring an additional 179,137 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its stake in Ameren by 11.5% during the 1st quarter. Janus Henderson Group PLC now owns 5,377,156 shares of the utilities provider’s stock valued at $591,056,000 after acquiring an additional 553,164 shares in the last quarter. Institutional investors own 79.09% of the company’s stock.

Ameren Stock Performance

NYSE AEE opened at $109.66 on Wednesday. The firm’s fifty day moving average price is $110.90 and its two-hundred day moving average price is $109.78. The stock has a market cap of $30.35 billion, a PE ratio of 19.31, a PEG ratio of 2.65 and a beta of 0.47. Ameren has a fifty-two week low of $96.57 and a fifty-two week high of $118.32. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53.

Ameren (NYSE:AEEGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the previous year, the company posted $1.01 EPS. Ameren’s quarterly revenue was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities analysts expect that Ameren will post 5.39 EPS for the current fiscal year.

Ameren Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Tuesday, June 9th. Ameren’s payout ratio is presently 52.82%.

About Ameren

(Get Free Report)

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.

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Analyst Recommendations for Ameren (NYSE:AEE)

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