Ameren (NYSE:AEE) Stock Rating Upgraded by Wall Street Zen

Ameren (NYSE:AEEGet Free Report) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

Several other research firms also recently weighed in on AEE. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $120.00 price objective on shares of Ameren in a report on Tuesday, April 21st. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. KeyCorp upgraded shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price target on the stock in a research report on Thursday. Morgan Stanley upped their price target on shares of Ameren from $115.00 to $118.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Finally, BMO Capital Markets lowered their price objective on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ameren has a consensus rating of “Moderate Buy” and a consensus price target of $121.50.

View Our Latest Report on Ameren

Ameren Stock Performance

Shares of NYSE AEE opened at $113.75 on Friday. Ameren has a 12-month low of $96.57 and a 12-month high of $118.32. The company has a market cap of $31.48 billion, a PE ratio of 20.46, a P/E/G ratio of 2.75 and a beta of 0.47. The stock has a 50 day simple moving average of $110.82 and a 200-day simple moving average of $109.29. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39.

Ameren (NYSE:AEEGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The company had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the firm posted $1.07 EPS. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities research analysts forecast that Ameren will post 5.39 EPS for the current year.

Insider Activity at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $109.08, for a total value of $35,451.00. Following the sale, the senior vice president directly owned 32,618 shares in the company, valued at $3,557,971.44. The trade was a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Tema ETFs LLC lifted its position in shares of Ameren by 9.2% during the 2nd quarter. Tema ETFs LLC now owns 5,156 shares of the utilities provider’s stock valued at $583,000 after acquiring an additional 435 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of Ameren by 2.6% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,695 shares of the utilities provider’s stock worth $2,113,000 after acquiring an additional 469 shares during the last quarter. Everpar Advisors LLC grew its holdings in shares of Ameren by 11.7% in the 2nd quarter. Everpar Advisors LLC now owns 2,127 shares of the utilities provider’s stock worth $240,000 after acquiring an additional 223 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its position in shares of Ameren by 8.1% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 37,971 shares of the utilities provider’s stock worth $4,292,000 after purchasing an additional 2,854 shares during the period. Finally, Valeo Financial Advisors LLC acquired a new stake in shares of Ameren during the second quarter worth $228,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

Key Ameren News

Here are the key news stories impacting Ameren this week:

About Ameren

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for Ameren (NYSE:AEE)

Receive News & Ratings for Ameren Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ameren and related companies with MarketBeat.com's FREE daily email newsletter.