JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Ameren (NYSE:AEE) Stock

Ameren (NYSE:AEE) had its price target raised by JPMorgan Chase & Co. from $108.00 to $111.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 7.43% from the stock’s previous close.

AEE has been the topic of several other research reports. Barclays dropped their price objective on Ameren from $111.00 to $104.00 and set an “equal weight” rating on the stock in a research note on Thursday. Mizuho increased their price target on Ameren from $108.00 to $114.00 and gave the company an “outperform” rating in a research note on Monday, October 27th. KeyCorp downgraded Ameren from an “overweight” rating to a “sector weight” rating in a report on Friday, December 12th. Wells Fargo & Company initiated coverage on shares of Ameren in a report on Monday, October 27th. They issued an “overweight” rating and a $112.00 price objective on the stock. Finally, Royal Bank Of Canada raised shares of Ameren to a “hold” rating in a research report on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $108.36.

Ameren Stock Up 0.8%

AEE traded up $0.79 during trading on Thursday, reaching $103.33. 382,020 shares of the stock were exchanged, compared to its average volume of 1,417,231. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.64 and a current ratio of 0.93. The stock’s 50 day moving average price is $101.48 and its two-hundred day moving average price is $101.04. Ameren has a twelve month low of $90.84 and a twelve month high of $106.73. The stock has a market cap of $27.95 billion, a P/E ratio of 19.86, a price-to-earnings-growth ratio of 2.22 and a beta of 0.58.

Ameren (NYSE:AEE) last announced its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.07. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. Ameren had a net margin of 15.75% and a return on equity of 10.92%. The company’s quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.87 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. Equities analysts expect that Ameren will post 4.93 EPS for the current year.

Insider Buying and Selling

In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $101.44, for a total value of $659,360.00. Following the completion of the sale, the chief financial officer owned 198,973 shares in the company, valued at $20,183,821.12. The trade was a 3.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.42% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AEE. Vanguard Group Inc. boosted its stake in shares of Ameren by 3.7% in the second quarter. Vanguard Group Inc. now owns 35,582,578 shares of the utilities provider’s stock valued at $3,417,351,000 after buying an additional 1,268,457 shares during the period. State Street Corp raised its holdings in Ameren by 2.4% in the 3rd quarter. State Street Corp now owns 14,045,845 shares of the utilities provider’s stock valued at $1,466,105,000 after acquiring an additional 328,401 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Ameren by 2.7% during the 2nd quarter. Geode Capital Management LLC now owns 7,242,392 shares of the utilities provider’s stock valued at $692,794,000 after acquiring an additional 192,808 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Ameren by 1.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,283,529 shares of the utilities provider’s stock valued at $655,892,000 after acquiring an additional 60,519 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of Ameren by 1.0% during the 3rd quarter. Invesco Ltd. now owns 5,140,239 shares of the utilities provider’s stock worth $536,538,000 after purchasing an additional 49,282 shares in the last quarter. 79.09% of the stock is owned by institutional investors.

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.