Ameren Corporation (NYSE:AEE) Stock Has Average Target Price of $118.08

Ameren Corporation (NYSE:AEE) has received a consensus recommendation of “Moderate Buy” from the fourteen research firms that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $117.77.

A number of brokerages have weighed in on AEE. Scotiabank began coverage on Ameren in a report on Tuesday, September 29th. They issued a “sector perform” rating and a $104.00 target price on the stock. Truist Financial dropped their price objective on Ameren from $120.00 to $116.00 and set a “buy” rating for the company in a research report on Wednesday. Morgan Stanley reduced their price objective on Ameren from $114.00 to $108.00 and set an “equal weight” rating on the stock in a research note on Friday, September 18th. Barclays lifted their target price on Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th.

Ameren Stock Performance

NYSE AEE opened at $106.09 on Monday. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of $29.37 billion, a price-to-earnings ratio of 18.68, a P/E/G ratio of 3.10 and a beta of 0.44. The firm’s 50 day simple moving average is $104.51 and its 200 day simple moving average is $108.58. Ameren has a 1 year low of $96.57 and a 1 year high of $118.32.

Ameren (NYSE:AEE) last announced its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same period last year, the firm posted $1.01 earnings per share. The firm’s quarterly revenue was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, research analysts expect that Ameren will post 5.40 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 8th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, December 8th. This represents a $3.00 annualized dividend and a yield of 2.8%. Ameren’s dividend payout ratio is presently 52.82%.

Insider Buying and Selling at Ameren

In other news, SVP Theresa A. Shaw sold 325 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $108.93, for a total transaction of $35,402.25. Following the completion of the transaction, the senior vice president directly owned 32,340 shares in the company, valued at approximately $3,522,796.20. This represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a filing 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. Also, Director Rafael Flores sold 248 shares of the company’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $105.53, for a total transaction of $26,171.44. Following the transaction, the director owned 13,888 shares of the company’s stock, valued at $1,465,600.64. This trade represents a 1.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,073 shares of company stock worth $769,814 over the last quarter. Corporate insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On Ameren

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. IFP Advisors Inc increased its position in Ameren by 5.1% during the 3rd quarter. IFP Advisors Inc now owns 2,051 shares of the utilities provider’s stock valued at $204,000 after purchasing an additional 100 shares during the period. TD Waterhouse Canada Inc. raised its holdings in Ameren by 9.7% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 2,267 shares of the utilities provider’s stock worth $227,000 after purchasing an additional 201 shares during the last quarter. Pension & Wealth Management Advisors Inc. acquired a new position in shares of Ameren in the 3rd quarter worth approximately $40,000. NFSG Corp acquired a new position in shares of Ameren in the 3rd quarter worth approximately $449,000. Finally, Assenagon Asset Management S.A. lifted its position in shares of Ameren by 326.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 437,938 shares of the utilities provider’s stock worth $43,522,000 after purchasing an additional 335,241 shares during the period. Institutional investors own 79.09% of the company’s stock.

Ameren Company Profile

Ameren Corporation is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren Missouri and Ameren Illinois, the company provides electric generation, transmission and distribution services, as well as natural gas distribution.

Ameren serves approximately 2.5 million electric customers and more than 900,000 natural gas customers across Missouri and Illinois. Its operations include a diverse generation portfolio and infrastructure designed to deliver reliable energy to residential, commercial and industrial customers, while supporting the transition toward cleaner energy resources.

Ameren was formed in 1997 through the merger of Union Electric Company and CIPSCO Inc The company is led by Martin J.