Michael Moehn Sells 6,500 Shares of Ameren (NYSE:AEE) Stock

Ameren Corporation (NYSE:AEE) insider Michael Moehn sold 6,500 shares of Ameren stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total transaction of $708,240.00. Following the completion of the transaction, the insider directly owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. This represents a 3.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ameren Trading Down 0.8%

Ameren stock opened at $108.04 on Friday. Ameren Corporation has a 1 year low of $96.57 and a 1 year high of $118.32. The firm’s 50-day moving average is $110.84 and its 200-day moving average is $109.85. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. The company has a market cap of $29.91 billion, a P/E ratio of 19.02, a PEG ratio of 2.63 and a beta of 0.47.

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

Ameren Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Tuesday, June 9th. Ameren’s dividend payout ratio is presently 52.82%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Wall Street Zen raised shares of Ameren from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. BMO Capital Markets dropped their price objective on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Mizuho lifted their price objective on shares of Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a research report on Monday. JPMorgan Chase & Co. upped their target price on shares of Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Finally, BTIG Research set a $126.00 price target on shares of Ameren in a research note on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $122.08.

Institutional Investors Weigh In On Ameren

Hedge funds and other institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd increased its stake in Ameren by 285.5% during 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 period. Garton & Associates Financial Advisors LLC bought a new position in shares of Ameren in the fourth quarter valued at approximately $29,000. Osterweis Capital Management Inc. increased its stake in shares of Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 302 shares during the period. Sound Income Strategies LLC raised its holdings in Ameren by 6,080.0% during the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 304 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in Ameren by 74.9% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 125 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors.

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.