Ameren Corporation (NYSE:AEE) Receives $121.42 Consensus Target Price from Analysts

Shares of Ameren Corporation (NYSE:AEE) have earned a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $120.9167.

Several analysts recently commented on AEE shares. JPMorgan Chase & Co. increased their target price on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. KeyCorp raised Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price target on the stock in a report on Thursday, July 23rd. Mizuho increased their price objective on Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Barclays raised their price objective on Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th.

Insiders Place Their Bets

In other Ameren news, insider Michael Moehn sold 6,500 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $108.96, for a total value of $708,240.00. Following the completion of the transaction, the insider directly owned 199,689 shares in the company, valued at $21,758,113.44. This trade represents a 3.15% 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, SVP Theresa Shaw sold 325 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the completion of the sale, the senior vice president directly owned 32,340 shares of the company’s stock, valued at approximately $3,522,796.20. This trade represents a 0.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 7,073 shares of company stock worth $769,814. Company insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AEE. Premier Financial Group bought a new position in Ameren in the second quarter worth $39,000. Sequoia Financial Advisors LLC boosted its position in shares of Ameren by 10.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 16,441 shares of the utilities provider’s stock valued at $1,858,000 after acquiring an additional 1,493 shares in the last quarter. Tidal Investments LLC raised its holdings in shares of Ameren by 226.6% in the 2nd quarter. Tidal Investments LLC now owns 31,672 shares of the utilities provider’s stock worth $3,580,000 after buying an additional 21,975 shares in the last quarter. National Pension Service raised its holdings in shares of Ameren by 1.0% in the 2nd quarter. National Pension Service now owns 393,995 shares of the utilities provider’s stock worth $44,537,000 after buying an additional 3,761 shares in the last quarter. Finally, Cidel Asset Management Inc. boosted its stake in Ameren by 5.1% in the 2nd quarter. Cidel Asset Management Inc. now owns 1,990 shares of the utilities provider’s stock valued at $225,000 after buying an additional 96 shares in the last quarter. 79.09% of the stock is owned by institutional investors.

Ameren Price Performance

Shares of NYSE AEE opened at $101.74 on Thursday. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $28.17 billion, a price-to-earnings ratio of 17.91, a price-to-earnings-growth ratio of 2.99 and a beta of 0.46. Ameren has a twelve month low of $96.57 and a twelve month high of $118.32. The business has a 50 day simple moving average of $108.11 and a 200-day simple moving average of $109.73.

Ameren (NYSE:AEE) last released its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. The company had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The business’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities research analysts expect that Ameren will post 5.4 earnings per share for the current year.

Ameren Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.00 dividend on an annualized basis and a yield of 2.9%. Ameren’s dividend payout ratio (DPR) is currently 52.82%.

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.