Ameren Corporation (NYSE:AEE – Get Free Report) SVP Theresa Shaw sold 325 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total transaction of $35,402.25. Following the completion of the sale, 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 position. 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.
Ameren Stock Down 0.2%
Shares of NYSE:AEE opened at $109.52 on Tuesday. The firm has a market cap of $30.32 billion, a P/E ratio of 19.28, a P/E/G ratio of 2.65 and a beta of 0.47. Ameren Corporation has a 12-month low of $96.57 and a 12-month high of $118.32. The business has a fifty day simple moving average of $111.06 and a 200 day simple moving average of $110.10. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38.
Ameren (NYSE:AEE – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The business’s revenue was down 5.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts predict that Ameren Corporation will post 5.39 earnings per share for the current year.
Ameren Dividend Announcement
Institutional Investors Weigh In On Ameren
Several hedge funds and other institutional investors have recently modified their holdings of the company. Equitable Holdings Inc. bought a new position in shares of Ameren in the 2nd quarter worth $654,000. Public Employees Retirement System of Ohio bought a new position in shares of Ameren in the second quarter valued at $10,119,000. Pure Financial Advisors LLC bought a new stake in shares of Ameren during the second quarter worth about $339,000. Corient Private Wealth LP bought a new stake in shares of Ameren during the second quarter worth about $14,572,000. Finally, Parallax Volatility Advisers L.P. acquired a new stake in shares of Ameren in the 2nd quarter worth about $268,000. Institutional investors own 79.09% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on AEE shares. Morgan Stanley lifted their price objective on Ameren from $115.00 to $118.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 22nd. Wells Fargo & Company reiterated an “overweight” rating and issued a $120.00 target price on shares of Ameren in a report on Tuesday, April 21st. Mizuho boosted their price target on Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. BMO Capital Markets reduced their price objective on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $121.75.
View Our Latest Stock Analysis on Ameren
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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