Ameren Corporation (NYSE:AEE) Receives $118.00 Average PT from Analysts

Shares of Ameren Corporation (NYSE:AEE) have received an average rating of “Moderate Buy” from the fourteen analysts that are covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $117.5385.

Several equities research analysts have recently weighed in on AEE shares. Mizuho set a $117.00 target price on shares of Ameren in a research note on Friday, February 13th. UBS Group lifted their price objective on shares of Ameren from $125.00 to $127.00 and gave the company a “buy” rating in a report on Friday, February 20th. Barclays lifted their price objective on shares of Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a report on Wednesday, April 15th. JPMorgan Chase & Co. upgraded shares of Ameren from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $120.00 to $126.00 in a report on Thursday. Finally, Wall Street Zen upgraded shares of Ameren from a “sell” rating to a “hold” rating in a report on Sunday, May 17th.

Insiders Place Their Bets

In related news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $109.08, for a total transaction of $35,451.00. Following the completion of the sale, the senior vice president owned 32,618 shares in the company, valued at $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 is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by insiders.

Institutional Investors Weigh In On Ameren

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AEE. JPMorgan Chase & Co. lifted its holdings in Ameren by 68.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,080,775 shares of the utilities provider’s stock valued at $425,951,000 after buying an additional 1,661,019 shares in the last quarter. ANTIPODES PARTNERS Ltd increased its position in Ameren by 104,698.0% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,370,758 shares of the utilities provider’s stock valued at $143,091,000 after purchasing an additional 1,369,450 shares during the period. Lazard Asset Management LLC raised its holdings in shares of Ameren by 6,051.1% in the 4th quarter. Lazard Asset Management LLC now owns 932,017 shares of the utilities provider’s stock valued at $93,071,000 after purchasing an additional 916,865 shares in the last quarter. Homestead Advisers Corp bought a new stake in shares of Ameren in the 3rd quarter valued at about $76,614,000. Finally, Clark Capital Management Group Inc. bought a new stake in shares of Ameren in the 4th quarter valued at about $66,631,000. Institutional investors own 79.09% of the company’s stock.

Ameren Price Performance

AEE stock opened at $109.86 on Friday. Ameren has a 52 week low of $93.50 and a 52 week high of $115.58. 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 company has a fifty day simple moving average of $110.39 and a two-hundred day simple moving average of $106.26. The firm has a market capitalization of $30.40 billion, a P/E ratio of 19.76, a price-to-earnings-growth ratio of 2.19 and a beta of 0.50.

Ameren (NYSE:AEE) last released its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, beating the consensus estimate of $1.17 by $0.11. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the business earned $1.07 earnings per share. 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. Analysts anticipate that Ameren will post 5.36 earnings per share for the current fiscal year.

Ameren Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.75 per share. The ex-dividend date is Tuesday, June 9th. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. Ameren’s dividend payout ratio (DPR) is presently 53.96%.

About Ameren

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.