Ameren (NYSE:AEE) Stock Dropped to Sell by Wall Street Zen

by · The Markets Daily

Wall Street Zen cut shares of Ameren (NYSE:AEE – Free Report) from a hold rating to a sell rating in a report published on Sunday morning,Wall Street Zen reports.

A number of other equities analysts have also commented on AEE. Mizuho cut their price objective on shares of Ameren from $124.00 to $113.00 and set an “outperform” rating for the company in a research report on Wednesday, September 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th. HSBC began coverage on shares of Ameren in a research note on Thursday. They issued a “buy” rating and a $119.10 target price on the stock. KeyCorp raised their price target on shares of Ameren from $116.00 to $122.00 and gave the company an “overweight” rating in a report on Tuesday, October 13th. Finally, BMO Capital Markets reduced their price target on shares of Ameren from $119.00 to $113.00 and set an “outperform” rating for the company in a research report on Tuesday, October 20th. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Ameren currently has a consensus rating of “Moderate Buy” and a consensus price target of $116.74.

View Our Latest Stock Analysis on Ameren

Ameren Stock Down 0.1%

Ameren stock opened at $107.93 on Friday. Ameren has a 1-year low of $96.57 and a 1-year high of $118.32. The firm has a market capitalization of $29.88 billion, a price-to-earnings ratio of 19.00, a P/E/G ratio of 3.15 and a beta of 0.44. 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 50 day simple moving average of $104.33 and a 200 day simple moving average of $108.42.

Ameren (NYSE:AEE – Get Free Report) last issued its earnings results 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. The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, analysts predict that Ameren will post 5.40 earnings per share for the current year.

Ameren Announces Dividend

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

Insider Transactions at Ameren

In related news, insider Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $108.96, for a total transaction of $708,240.00. Following the transaction, the insider directly owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. This trade represents a 3.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rafael Flores sold 248 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $105.53, for a total value of $26,171.44. Following the completion of the sale, the director owned 13,888 shares of the company’s stock, valued at $1,465,600.64. The trade was a 1.75% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 7,073 shares of company stock worth $769,814. 0.29% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Signaturefd LLC lifted its holdings in shares of Ameren by 48.2% in the 3rd quarter. Signaturefd LLC now owns 11,547 shares of the utilities provider’s stock worth $1,148,000 after acquiring an additional 3,758 shares during the last quarter. Citizens Financial Group Inc. RI boosted its stake in shares of Ameren by 4.7% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 6,928 shares of the utilities provider’s stock valued at $688,000 after purchasing an additional 314 shares in the last quarter. Tectonic Advisors LLC boosted its stake in shares of Ameren by 30.4% in the 3rd quarter. Tectonic Advisors LLC now owns 11,172 shares of the utilities provider’s stock valued at $1,110,000 after purchasing an additional 2,603 shares in the last quarter. Wedbush Securities Inc. grew its holdings in shares of Ameren by 6.1% during the 3rd quarter. Wedbush Securities Inc. now owns 12,232 shares of the utilities provider’s stock valued at $1,216,000 after purchasing an additional 706 shares during the last quarter. Finally, Inspire Investing LLC grew its holdings in shares of Ameren by 10.6% during the 3rd quarter. Inspire Investing LLC now owns 14,974 shares of the utilities provider’s stock valued at $1,488,000 after purchasing an additional 1,439 shares during the last quarter. 79.09% of the stock is currently owned by institutional investors.

Ameren Company Profile

(Get Free Report)

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.

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