Ameren (NYSE:AEE) Stock Rating Upgraded by Wall Street Zen

Ameren (NYSE:AEE) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

Several other research analysts also recently commented on AEE. Barclays lifted their target price on Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. BTIG Research set a $126.00 target price on Ameren in a report on Thursday. Truist Financial increased their target price on shares of Ameren from $121.00 to $124.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. KeyCorp upgraded shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price target for the company in a report on Thursday. Finally, JPMorgan Chase & Co. boosted their price target on shares of Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Ameren has a consensus rating of “Moderate Buy” and a consensus target price of $121.50.

Ameren Trading Up 0.4%

Shares of NYSE AEE opened at $113.75 on Friday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. Ameren has a 52-week low of $96.57 and a 52-week high of $118.32. The firm has a 50 day moving average price of $110.82 and a two-hundred day moving average price of $109.22. The stock has a market cap of $31.48 billion, a P/E ratio of 20.46, a price-to-earnings-growth ratio of 2.74 and a beta of 0.47.

Ameren (NYSE:AEE) last released its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter last year, the firm earned $1.07 earnings per share. 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. As a group, equities analysts forecast that Ameren will post 5.39 EPS for the current year.

Insider Transactions at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total value of $164,025.00. Following the transaction, the senior vice president directly owned 32,943 shares of the company’s stock, valued at approximately $3,602,317.05. The trade was a 4.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

Institutional Trading of Ameren

Hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its stake in Ameren by 22.9% during the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock worth $811,000 after acquiring an additional 1,503 shares in the last quarter. Empowered Funds LLC increased its stake in Ameren by 19.8% in the first quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock valued at $628,000 after purchasing an additional 1,034 shares in the last quarter. Woodline Partners LP raised its holdings in shares of Ameren by 42.2% during the first quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock valued at $2,289,000 after purchasing an additional 6,772 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Ameren by 48.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock worth $149,000 after purchasing an additional 505 shares in the last quarter. Finally, Brown Advisory Inc. boosted its position in shares of Ameren by 6.3% during the 2nd quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock worth $450,000 after purchasing an additional 277 shares in the last quarter. Institutional investors own 79.09% of the company’s stock.

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.