JPMorgan Chase & Co. Increases Ameren (NYSE:AEE) Price Target to $111.00

Ameren (NYSE:AEE) had its price objective upped by stock analysts at JPMorgan Chase & Co. from $108.00 to $111.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 7.43% from the company’s current price.

A number of other research analysts have also recently issued reports on AEE. Morgan Stanley set a $103.00 price objective on shares of Ameren in a report on Tuesday, December 16th. Wells Fargo & Company initiated coverage on shares of Ameren in a research report on Monday, October 27th. They issued an “overweight” rating and a $112.00 price objective for the company. UBS Group dropped their price objective on Ameren from $121.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday, December 17th. Barclays reduced their target price on Ameren from $111.00 to $104.00 and set an “equal weight” rating on the stock in a report on Thursday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Ameren presently has an average rating of “Moderate Buy” and an average target price of $108.36.

Ameren Trading Up 0.8%

Shares of Ameren stock traded up $0.79 during trading on Thursday, reaching $103.33. 382,020 shares of the company were exchanged, compared to its average volume of 1,417,231. The business has a 50-day moving average price of $101.48 and a 200-day moving average price of $101.04. The firm has a market capitalization of $27.95 billion, a price-to-earnings ratio of 19.86, a P/E/G ratio of 2.22 and a beta of 0.58. The company has a quick ratio of 0.64, a current ratio of 0.93 and a debt-to-equity ratio of 1.49. Ameren has a twelve month low of $90.84 and a twelve month high of $106.73.

Ameren (NYSE:AEE) last issued its earnings results on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.10 by $0.07. The firm had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Ameren had a return on equity of 10.92% and a net margin of 15.75%.The company’s revenue was up 24.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.87 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. Sell-side analysts anticipate that Ameren will post 4.93 EPS for the current fiscal year.

Insiders Place Their Bets

In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $101.44, for a total transaction of $659,360.00. Following the completion of the transaction, the chief financial officer owned 198,973 shares of the company’s stock, valued at $20,183,821.12. This represents a 3.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.42% of the stock is currently owned by company insiders.

Institutional Trading of Ameren

A number of institutional investors have recently made changes to their positions in AEE. NewSquare Capital LLC grew its position in Ameren by 70.9% in the second quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 107 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Ameren by 285.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after buying an additional 197 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Ameren in the 3rd quarter valued at about $29,000. Osterweis Capital Management Inc. grew its holdings in shares of Ameren by 6,040.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 302 shares in the last quarter. Finally, Addison Advisors LLC raised its holdings in Ameren by 728.9% during the second quarter. Addison Advisors LLC now owns 315 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 277 shares in the last quarter. Institutional investors own 79.09% of the company’s stock.

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.