Ameren (NYSE:AEE) Director Rafael Flores Sells 248 Shares of Stock

Ameren Corporation (NYSE:AEE) Director Rafael Flores sold 248 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $105.53, for a total transaction of $26,171.44. Following the completion of the sale, the director owned 13,888 shares of the company’s stock, valued at $1,465,600.64. This trade represents a 1.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Ameren Trading Down 0.9%

AEE opened at $103.93 on Tuesday. Ameren Corporation has a 1-year low of $96.57 and a 1-year high of $118.32. The firm has a market capitalization of $28.77 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 3.07 and a beta of 0.46. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The company’s 50 day simple moving average is $109.14 and its two-hundred day simple moving average is $110.06.

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 analysts’ consensus estimates of $1.08 by $0.05. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The firm’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts expect that Ameren Corporation will post 5.4 EPS for the current fiscal year.

Ameren Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be issued a $0.75 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $3.00 dividend on an annualized basis and a yield of 2.9%. Ameren’s dividend payout ratio is currently 52.82%.

Institutional Trading of Ameren

A number of large investors have recently modified their holdings of the stock. Keating Financial Advisory Services Inc. purchased a new stake in Ameren in the second quarter valued at $27,000. Continuum Advisory LLC acquired a new position in Ameren in the second quarter valued at $30,000. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of 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 during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Ameren by 45.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 109 shares in the last quarter. Finally, Aberdeen Wealth Management LLC acquired a new stake in shares of Ameren during the second quarter worth about $35,000. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on AEE shares. Truist Financial cut their target price on Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, August 17th. BTIG Research set a $126.00 price target on Ameren in a report on Thursday, July 23rd. JPMorgan Chase & Co. raised their price objective on Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. BMO Capital Markets reduced 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. Finally, KeyCorp raised shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 target price on the stock in a research report on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $121.42.

Ameren Company Profile

Ameren Corporation (NYSE:AEE) is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren provides energy generation, transmission, distribution and related services to customers in Missouri and Illinois.

Ameren Missouri operates an integrated electric utility serving communities across Missouri and also provides natural gas distribution services in parts of the state. Ameren Illinois operates electric and natural gas distribution businesses serving customers throughout much of Illinois.