JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Ameren (NYSE:AEE) Stock

Ameren (NYSE:AEE) had its target price increased by analysts at JPMorgan Chase & Co. from $126.00 to $137.00 in a report issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 22.76% from the company’s current price.

AEE has been the subject of several other reports. Truist Financial upped their price objective on Ameren from $121.00 to $124.00 and gave the stock a “buy” rating in a research report on Thursday. Argus lifted their target price on Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. Weiss Ratings raised Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. BTIG Research initiated coverage on Ameren in a research note on Thursday, April 9th. They set a “buy” rating and a $131.00 target price for the company. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $120.00 target price on shares of Ameren in a report on Tuesday, April 21st. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Ameren has a consensus rating of “Moderate Buy” and an average target price of $120.67.

Ameren Stock Performance

AEE opened at $111.60 on Thursday. The firm has a market cap of $30.88 billion, a P/E ratio of 20.07, a price-to-earnings-growth ratio of 2.74 and a beta of 0.47. Ameren has a 52-week low of $96.57 and a 52-week high of $118.32. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. The business’s fifty day moving average is $110.52 and its 200-day moving average is $108.82.

Ameren (NYSE:AEE) last issued its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS 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 analysts’ expectations of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.Ameren’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the business earned $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts expect that Ameren will post 5.38 EPS for the current fiscal year.

Insider Buying and Selling at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $109.08, for a total transaction of $35,451.00. Following the sale, the senior vice president owned 32,618 shares of the company’s stock, valued at $3,557,971.44. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a legal filing 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 currently owned by company insiders.

Hedge Funds Weigh In On Ameren

Several large investors have recently bought and sold shares of AEE. Tudor Investment Corp ET AL increased its holdings in shares of Ameren by 23.7% during the third quarter. Tudor Investment Corp ET AL now owns 155,836 shares of the utilities provider’s stock valued at $16,266,000 after acquiring an additional 29,807 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Ameren by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after purchasing an additional 495,945 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Ameren by 245.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 87,543 shares of the utilities provider’s stock worth $8,808,000 after purchasing an additional 62,173 shares during the period. Horizon Investments LLC lifted its holdings in shares of Ameren by 193.1% in the 4th quarter. Horizon Investments LLC now owns 26,312 shares of the utilities provider’s stock worth $2,628,000 after purchasing an additional 17,336 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Ameren by 5.2% in the 4th quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider’s stock worth $246,966,000 after purchasing an additional 123,084 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors.

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.