Rafael Flores Sells 248 Shares of Ameren (NYSE:AEE) Stock

Ameren Corporation (NYSE:AEE) Director Rafael Flores sold 248 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $105.53, for a total transaction of $26,171.44. Following the transaction, the director owned 13,888 shares of the company’s stock, valued at $1,465,600.64. This trade represents a 1.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Ameren Price Performance

NYSE:AEE opened at $103.00 on Wednesday. The firm has a market capitalization of $28.51 billion, a price-to-earnings ratio of 18.13, a P/E/G ratio of 3.04 and a beta of 0.46. Ameren Corporation has a 52-week low of $96.57 and a 52-week high of $118.32. The stock has a fifty day moving average of $108.91 and a 200 day moving average of $110.00. 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:AEE) last announced its earnings results 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 period in the prior year, the company earned $1.01 EPS. The company’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, research analysts expect that Ameren Corporation will post 5.4 EPS for the current fiscal year.

Ameren Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a dividend of $0.75 per share. The ex-dividend date is Tuesday, September 8th. This represents a $3.00 annualized dividend and a yield of 2.9%. Ameren’s payout ratio is presently 52.82%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. KeyCorp upgraded shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price objective on the stock in a research report on Thursday, July 23rd. BMO Capital Markets lowered their price target on Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Mizuho upped their price objective on Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, Truist Financial dropped their target price on Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research report on Monday, August 17th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Ameren has a consensus rating of “Moderate Buy” and an average target price of $121.42.

Institutional Trading of Ameren

A number of institutional investors have recently modified their holdings of AEE. Droms Strauss Advisors Inc. MO ADV grew its holdings in shares of Ameren by 2.2% during the first quarter. Droms Strauss Advisors Inc. MO ADV now owns 4,162 shares of the utilities provider’s stock worth $457,000 after buying an additional 90 shares in the last quarter. Fortitude Advisory Group L.L.C. lifted its stake in shares of Ameren by 4.3% during the first quarter. Fortitude Advisory Group L.L.C. now owns 2,269 shares of the utilities provider’s stock valued at $249,000 after buying an additional 93 shares during the period. Parallel Advisors LLC boosted its position in Ameren by 1.6% during the first quarter. Parallel Advisors LLC now owns 5,746 shares of the utilities provider’s stock worth $632,000 after acquiring an additional 93 shares during the last quarter. Cidel Asset Management Inc. boosted its position in Ameren by 5.1% during the second quarter. Cidel Asset Management Inc. now owns 1,990 shares of the utilities provider’s stock worth $225,000 after acquiring an additional 96 shares during the last quarter. Finally, GHP Investment Advisors Inc. grew its stake in Ameren by 19.4% in the 1st quarter. GHP Investment Advisors Inc. now owns 602 shares of the utilities provider’s stock worth $66,000 after acquiring an additional 98 shares during the period. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

About Ameren

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.