Ameren Corporation (NYSE:AEE) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Ameren Corporation (NYSE:AEE) has been given an average recommendation of “Moderate Buy” by the fourteen research firms that are presently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $117.5385.

Several analysts recently issued reports on AEE shares. JPMorgan Chase & Co. upgraded Ameren from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $120.00 to $126.00 in a report on Thursday, May 21st. Mizuho set a $117.00 price objective on Ameren in a report on Friday, February 13th. BMO Capital Markets increased their price objective on Ameren from $112.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a report on Monday, May 25th. Finally, 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.

Ameren Price Performance

AEE opened at $107.27 on Tuesday. The stock has a fifty day moving average of $110.19 and a 200-day moving average of $106.66. The firm has a market capitalization of $29.69 billion, a P/E ratio of 19.29, a PEG ratio of 2.20 and a beta of 0.47. Ameren has a 12-month low of $93.50 and a 12-month high of $115.58. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39.

Ameren (NYSE:AEE) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The company had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the business posted $1.07 EPS. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities analysts forecast that Ameren will post 5.36 EPS for the current fiscal year.

Ameren Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is currently 53.96%.

Insider Activity

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

Hedge Funds Weigh In On Ameren

Hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd increased its position in Ameren by 285.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after buying an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC acquired a new position in Ameren during the fourth quarter worth $29,000. Osterweis Capital Management Inc. increased its position in Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after buying an additional 302 shares during the last quarter. Sound Income Strategies LLC increased its position in Ameren by 6,080.0% during the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after buying an additional 304 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its position in 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 buying an additional 125 shares during the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

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.