Analysts Set Ameren Corporation (NYSE:AEE) Target Price at $121.42

Shares of Ameren Corporation (NYSE:AEE) have been assigned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $121.4167.

A number of analysts have commented on the stock. Morgan Stanley reduced their target price on shares of Ameren from $118.00 to $114.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. JPMorgan Chase & Co. lifted their price target on shares of Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Ameren in a research report on Friday, August 7th. Truist Financial reduced their price objective on Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, August 17th. Finally, BTIG Research set a $126.00 target price on Ameren in a report on Thursday, July 23rd.

Insider Transactions at Ameren

In other Ameren news, insider Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the completion of the sale, the insider owned 199,689 shares in the company, valued at $21,758,113.44. This 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 hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the firm’s stock in a transaction dated 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 transaction, the senior vice president directly owned 32,340 shares in the company, valued at $3,522,796.20. This trade represents 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. Corporate insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On Ameren

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AEE. Keating Financial Advisory Services Inc. purchased a new stake in shares of Ameren in the second quarter worth $27,000. Caitong International Asset Management Co. Ltd raised its position in shares of 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 purchasing an additional 197 shares during the period. Garton & Associates Financial Advisors LLC purchased a new position in shares of Ameren during the 4th quarter valued at $29,000. Osterweis Capital Management Inc. lifted its stake in shares of Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after buying an additional 302 shares in the last quarter. Finally, Continuum Advisory LLC bought a new position in shares of Ameren in the second quarter worth about $30,000. Institutional investors own 79.09% of the company’s stock.

Ameren Trading Down 0.6%

Ameren stock opened at $106.07 on Friday. Ameren has a 52-week low of $96.57 and a 52-week high of $118.32. The company has a market cap of $29.36 billion, a P/E ratio of 18.67, a P/E/G ratio of 2.56 and a beta of 0.47. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. The business has a 50-day simple moving average of $110.83 and a two-hundred day simple moving average of $110.29.

Ameren (NYSE:AEE) last issued 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 analysts’ expectations of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business’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 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts predict that Ameren will post 5.4 EPS for the current year.

Ameren Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s payout ratio is currently 52.82%.

Ameren Company Profile

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.