Shares of Ameren Corporation (NYSE:AEE – Get Free Report) have received an average rating of “Moderate Buy” from the fourteen analysts that are currently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $117.6154.
AEE has been the topic of a number of recent research reports. Wells Fargo & Company reissued an “overweight” rating and set a $120.00 price target on shares of Ameren in a research note on Tuesday, April 21st. Weiss Ratings upgraded Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. UBS Group raised their price objective on Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Morgan Stanley lowered their price objective on Ameren from $119.00 to $117.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Finally, Truist Financial lowered their price objective on Ameren from $126.00 to $121.00 and set a “buy” rating for the company in a research report on Monday.
Check Out Our Latest Stock Analysis on AEE
Ameren Stock Performance
Ameren (NYSE:AEE – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The firm had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same period last year, the firm posted $1.07 earnings per share. The business’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 research analysts forecast that Ameren will post 5.36 EPS for the current year.
Ameren Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is 53.96%.
Insider Activity
In other news, SVP Theresa A. Shaw sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total transaction of $164,025.00. Following the completion of the transaction, the senior vice president directly owned 32,943 shares in the company, valued at $3,602,317.05. This trade represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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.
Hedge Funds Weigh In On Ameren
A number of hedge funds have recently made changes to their positions in the stock. Droms Strauss Advisors Inc. MO ADV raised its position in shares of Ameren by 2.2% during the first quarter. Droms Strauss Advisors Inc. MO ADV now owns 4,162 shares of the utilities provider’s stock worth $457,000 after acquiring an additional 90 shares during the last quarter. Fortitude Advisory Group L.L.C. increased its holdings in Ameren by 4.3% in the first quarter. Fortitude Advisory Group L.L.C. now owns 2,269 shares of the utilities provider’s stock worth $249,000 after purchasing an additional 93 shares in the last quarter. Parallel Advisors LLC increased its holdings in Ameren by 1.6% in the first quarter. Parallel Advisors LLC now owns 5,746 shares of the utilities provider’s stock worth $632,000 after purchasing an additional 93 shares in the last quarter. CreativeOne Wealth LLC increased its holdings in Ameren by 1.3% in the third quarter. CreativeOne Wealth LLC now owns 7,448 shares of the utilities provider’s stock worth $777,000 after purchasing an additional 98 shares in the last quarter. Finally, GHP Investment Advisors Inc. increased its holdings in Ameren by 19.4% in the first quarter. GHP Investment Advisors Inc. now owns 602 shares of the utilities provider’s stock worth $66,000 after purchasing an additional 98 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors.
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.
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