Ameren Corporation (NYSE:AEE) Stock Rated “Moderate Buy” by Wall Street Analysts

Shares of Ameren Corporation (NYSE:AEE) have been given a consensus rating of “Moderate Buy” by the fourteen research firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $117.77.

A number of research firms have recently weighed in on AEE. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a research report on Friday, August 7th. Truist Financial cut their target price on Ameren from $120.00 to $116.00 and set a “buy” rating for the company in a research report on Wednesday. Royal Bank Of Canada dropped their price target on Ameren from $114.00 to $107.00 and set a “sector perform” rating for the company in a research note on Friday, September 25th. BMO Capital Markets dropped their target price on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Finally, Scotiabank started coverage on shares of Ameren in a research note on Tuesday, September 29th. They set a “sector perform” rating and a $104.00 target price for the company.

Ameren Stock Up 2.2%

AEE stock opened at $106.09 on Monday. The company has a market cap of $29.37 billion, a price-to-earnings ratio of 19.36, a P/E/G ratio of 3.03 and a beta of 0.44. 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 business’s 50-day moving average is $104.51 and its two-hundred day moving average is $108.58. Ameren has a fifty-two week low of $96.57 and a fifty-two week high of $118.32.

Ameren (NYSE:AEE) last released its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the prior year, the firm earned $1.01 EPS. The business’s revenue for the quarter was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, analysts forecast that Ameren will post 5.40 earnings per share for the current year.

Ameren Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 8th will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, December 8th. Ameren’s payout ratio is currently 52.82%.

Insider Activity

In other news, insider Michael Moehn sold 6,500 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $108.96, for a total transaction of $708,240.00. Following the sale, the insider directly owned 199,689 shares in the company, valued at approximately $21,758,113.44. This represents a 3.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa Shaw sold 325 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.93, for a total transaction of $35,402.25. Following the completion of the transaction, the senior vice president directly owned 32,340 shares of the company’s stock, valued at approximately $3,522,796.20. The trade was a 0.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 7,073 shares of company stock worth $769,814. 0.29% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ameren

Several hedge funds and other institutional investors have recently modified their holdings of AEE. TD Waterhouse Canada Inc. raised its position in Ameren by 9.7% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 2,267 shares of the utilities provider’s stock valued at $227,000 after purchasing an additional 201 shares in the last quarter. Pension & Wealth Management Advisors Inc. acquired a new position in shares of Ameren in the 3rd quarter valued at $40,000. NFSG Corp purchased a new position in shares of Ameren during the third quarter worth $449,000. Assenagon Asset Management S.A. grew its holdings in Ameren by 326.4% during the third quarter. Assenagon Asset Management S.A. now owns 437,938 shares of the utilities provider’s stock worth $43,522,000 after acquiring an additional 335,241 shares during the period. Finally, State of Alaska Department of Revenue raised its holdings in Ameren by 31.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 42,400 shares of the utilities provider’s stock worth $4,213,000 after purchasing an additional 10,110 shares during the period. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

Ameren Company Profile

Ameren Corporation is a regulated utility holding company that provides electric and natural gas services to customers in Illinois and Missouri. Through its operating companies, Ameren delivers energy to residential, commercial and industrial customers and operates the infrastructure required to generate, transmit and distribute electricity, as well as distribute natural gas.

Ameren Missouri is involved in electric generation, transmission and distribution and natural gas distribution across Missouri.