Wall Street Zen upgraded shares of Ameren (NYSE:AEE – Free Report) from a sell rating to a hold rating in a report published on Saturday morning.
A number of other research firms have also commented on AEE. Wells Fargo & Company reaffirmed an “overweight” rating and set a $120.00 price target on shares of Ameren in a research report on Tuesday, April 21st. KeyCorp upgraded Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price objective for the company in a research report on Thursday. Morgan Stanley increased their target price on Ameren from $115.00 to $118.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Barclays increased their target price on Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Finally, Weiss Ratings upgraded shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $121.50.
Check Out Our Latest Analysis on Ameren
Ameren Price Performance
Ameren (NYSE:AEE – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.17 by $0.11. The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The firm’s revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, research analysts expect that Ameren will post 5.39 EPS for the current year.
Ameren Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were paid a $0.75 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $3.00 annualized dividend and a dividend yield of 2.6%. Ameren’s dividend payout ratio (DPR) is currently 53.96%.
Insider Activity at Ameren
In other news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $109.08, for a total value of $35,451.00. Following the sale, the senior vice president directly owned 32,618 shares in the company, valued at $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Ameren
A number of hedge funds and other institutional investors have recently bought and sold shares of AEE. Vanguard Group Inc. grew its stake in shares of Ameren by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after acquiring an additional 495,945 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of Ameren by 2.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider’s stock valued at $1,586,324,000 after purchasing an additional 362,052 shares during the last quarter. State Street Corp lifted its position in shares of Ameren by 3.3% in the fourth quarter. State Street Corp now owns 14,503,721 shares of the utilities provider’s stock worth $1,448,342,000 after purchasing an additional 457,876 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Ameren by 3.0% in the second quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider’s stock worth $597,673,000 after purchasing an additional 179,137 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in Ameren by 11.5% during the first quarter. Janus Henderson Group PLC now owns 5,377,156 shares of the utilities provider’s stock worth $591,056,000 after purchasing an additional 553,164 shares during the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.
Ameren News Summary
Here are the key news stories impacting Ameren this week:
- Positive Sentiment: KeyCorp reiterated an Overweight rating and $122 price target on Ameren, while also nudging up earnings estimates for FY2026 through FY2030. Higher long-term EPS forecasts can reinforce the case for valuation upside.
- Positive Sentiment: BMO Capital reportedly remains a Buy on Ameren, suggesting at least one major analyst still sees favorable risk/reward in the name ahead of earnings. BMO Capital Remains a Buy on Ameren (AEE)
- Neutral Sentiment: Market commentary asking whether Ameren is fairly valued going into its July 30 earnings report may be keeping investors focused on the upcoming results rather than any immediate catalyst. Is Ameren (AEE) Fairly Valued Going Into Its July 30 Earnings?
- Neutral Sentiment: Wall Street Zen reportedly upgraded Ameren, adding to the generally supportive analyst tone, though the details on the scope of the upgrade were limited. Ameren (NYSE:AEE) Stock Rating Upgraded by Wall Street Zen
- Negative Sentiment: BMO Capital also cut its price target to $119 from a higher prior level, which may temper enthusiasm even though the firm stayed positive on the stock. BMO Capital Markets Lowers Ameren (NYSE:AEE) Price Target to $119.00
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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