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

Ameren Corporation (NYSE:AEE) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $119.4167.

A number of research analysts recently weighed in on AEE shares. Weiss Ratings upgraded shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. upgraded Ameren from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $120.00 to $126.00 in a research note on Thursday, May 21st. Argus increased their price objective on Ameren from $108.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, March 23rd. Wells Fargo & Company reissued an “overweight” rating and set a $120.00 price objective on shares of Ameren in a report on Tuesday, April 21st. Finally, Morgan Stanley set a $115.00 target price on Ameren in a research note on Wednesday, June 24th.

Insider Activity

In other news, SVP Theresa A. Shaw sold 325 shares of the firm’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 completion of the transaction, the senior vice president directly owned 32,618 shares in the company, valued at approximately $3,557,971.44. This trade represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal 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. Insiders own 0.29% of the company’s stock.

Institutional Trading of Ameren

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

Ameren Price Performance

NYSE AEE opened at $114.97 on Friday. The company has a market cap of $31.82 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 2.31 and a beta of 0.47. Ameren has a 52 week low of $94.20 and a 52 week high of $118.32. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. The firm’s 50-day simple moving average is $110.19 and its two-hundred day simple moving average is $107.87.

Ameren (NYSE:AEE) last posted its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.11. The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The company’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company earned $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts predict that Ameren will post 5.38 earnings per share for the current year.

Ameren Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Tuesday, June 9th. Ameren’s dividend payout ratio is presently 53.96%.

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.