Ameren Corporation (NYSE:AEE) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Ameren Corporation (NYSE:AEE) have earned an average recommendation of “Moderate Buy” from the thirteen ratings firms that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $119.50.

AEE has been the topic of several recent analyst reports. Morgan Stanley set a $115.00 target price on Ameren in a research report on Wednesday, June 24th. Barclays boosted their target price on shares of Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a report on Thursday. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. raised shares of Ameren from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $120.00 to $126.00 in a research note on Thursday, May 21st. Finally, Truist Financial lowered their price objective on shares of Ameren from $126.00 to $121.00 and set a “buy” rating for the company in a research note on Monday, May 18th.

Insider Buying and Selling

In other news, SVP Theresa A. Shaw sold 325 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $109.08, for a total value of $35,451.00. Following the transaction, the senior vice president directly owned 32,618 shares in the company, valued at $3,557,971.44. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by corporate insiders.

Institutional Trading of Ameren

Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC grew its stake in Ameren by 22.9% during the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock worth $811,000 after buying an additional 1,503 shares during the period. Empowered Funds LLC increased its position in shares of Ameren by 19.8% in the first quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock worth $628,000 after acquiring an additional 1,034 shares in the last quarter. Woodline Partners LP raised its stake in shares of Ameren by 42.2% in the 1st quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock valued at $2,289,000 after acquiring an additional 6,772 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Ameren by 48.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock valued at $149,000 after acquiring an additional 505 shares during the period. Finally, Brown Advisory Inc. lifted its holdings in shares of Ameren by 6.3% during the 2nd quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock valued at $450,000 after acquiring an additional 277 shares in the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Ameren Trading Up 1.1%

NYSE AEE traded up $1.22 during mid-day trading on Friday, reaching $112.99. 1,173,944 shares of the stock were exchanged, compared to its average volume of 1,815,485. The stock has a market capitalization of $31.27 billion, a PE ratio of 20.32, a PEG ratio of 2.24 and a beta of 0.47. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. Ameren has a 1-year low of $95.15 and a 1-year high of $118.32. The business’s fifty day simple moving average is $110.32 and its 200 day simple moving average is $108.38.

Ameren (NYSE:AEE) last issued its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, research analysts anticipate that Ameren will post 5.38 earnings per share for the current fiscal year.

Ameren Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.75 per share. The ex-dividend date was Tuesday, June 9th. This represents a $3.00 annualized dividend and a yield of 2.7%. Ameren’s dividend payout ratio is currently 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.