BMO Capital Markets Lowers Ameren (NYSE:AEE) Price Target to $119.00

Ameren (NYSE:AEE) had its price target decreased by research analysts at BMO Capital Markets from $121.00 to $119.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the utilities provider’s stock. BMO Capital Markets’ price target points to a potential upside of 5.05% from the company’s current price.

Several other brokerages have also weighed in on AEE. Barclays upped their target price on shares of Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. Wells Fargo & Company reiterated an “overweight” rating and set a $120.00 price target on shares of Ameren in a research report on Tuesday, April 21st. JPMorgan Chase & Co. boosted their price target on Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Morgan Stanley upped their price target on Ameren from $115.00 to $118.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Weiss Ratings raised Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $121.50.

Ameren Trading Up 1.1%

NYSE:AEE opened at $113.28 on Wednesday. Ameren has a 1 year low of $96.57 and a 1 year 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 stock has a fifty day moving average price of $110.67 and a two-hundred day moving average price of $109.19. The stock has a market capitalization of $31.35 billion, a price-to-earnings ratio of 20.37, a PEG ratio of 2.71 and a beta of 0.47.

Ameren (NYSE:AEE) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $2.24 billion. During the same period in the previous year, the firm earned $1.07 EPS. The business’s revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, sell-side analysts anticipate that Ameren will post 5.39 earnings per share for the current fiscal year.

Insider Activity

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of the company’s stock in a transaction dated 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 owned 32,618 shares of the company’s stock, valued at $3,557,971.44. This represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. 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 in the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Ameren in the fourth quarter valued at $29,000. Osterweis Capital Management Inc. boosted its stake in shares of Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 302 shares during the last quarter. Sound Income Strategies LLC boosted its stake in shares of Ameren by 6,080.0% during the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock valued at $32,000 after acquiring 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 1st 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 in the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

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.