Ameren (NYSE:AEE) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Ameren Corporation (NYSE:AEE) passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $108.05 and traded as high as $108.87. Ameren shares last traded at $108.1350, with a volume of 1,897,927 shares trading hands.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Mizuho dropped their price objective on Ameren from $124.00 to $113.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 30th. BMO Capital Markets dropped their price target on Ameren from $119.00 to $113.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 20th. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research note on Sunday. HSBC assumed coverage on Ameren in a report on Thursday, October 22nd. They issued a “buy” rating and a $119.10 price objective for the company. Finally, Scotiabank started coverage on shares of Ameren in a research note on Tuesday, September 29th. They issued a “sector perform” rating and a $104.00 price objective for the company. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $116.74.

Ameren Stock Down 0.7%

The business’s 50 day moving average is $104.32 and its 200 day moving average is $108.17. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. The company has a market cap of $29.90 billion, a P/E ratio of 19.01, a P/E/G ratio of 3.15 and a beta of 0.44.

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

Ameren Announces Dividend

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

Insider Activity

In related news, Director Rafael Flores sold 248 shares of the business’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 directly owned 13,888 shares in the company, valued at $1,465,600.64. The trade was a 1.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Michael Moehn sold 6,500 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $108.96, for a total value of $708,240.00. Following the transaction, the insider directly owned 199,689 shares in the company, valued at $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 7,073 shares of company stock worth $769,814. Insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On Ameren

Several hedge funds have recently modified their holdings of AEE. Keating Financial Advisory Services Inc. purchased a new stake in Ameren during the 2nd quarter worth approximately $27,000. Continuum Advisory LLC acquired a new position in Ameren during the 2nd quarter valued at approximately $30,000. Whittier Trust Co. of Nevada Inc. increased its stake 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 valued at $33,000 after purchasing an additional 125 shares in the last quarter. Aberdeen Wealth Management LLC purchased a new position in shares of Ameren in the second quarter worth $35,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Ameren in the first quarter worth $36,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

About Ameren

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.