Ameren (NYSE:AEE) Insider Sells $708,240.00 in Stock

Ameren Corporation (NYSE:AEE) insider Michael Moehn sold 6,500 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total value of $708,240.00. Following the completion of the transaction, the insider owned 199,689 shares of the company’s stock, valued at $21,758,113.44. This trade represents a 3.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ameren Stock Up 0.7%

AEE opened at $108.99 on Friday. Ameren Corporation has a twelve month low of $96.57 and a twelve month high of $118.32. The company’s 50-day moving average price is $110.86 and its two-hundred day moving average price is $109.84. The stock has a market cap of $30.17 billion, a price-to-earnings ratio of 19.19, a PEG ratio of 2.62 and a beta of 0.47. 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) last posted its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The company had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter in the previous year, the firm posted $1.01 EPS. Ameren’s revenue was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities analysts expect that Ameren Corporation will post 5.39 earnings per share for the current year.

Ameren Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Tuesday, June 9th. Ameren’s payout ratio is currently 52.82%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Morgan Stanley increased their price objective on Ameren from $115.00 to $118.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 22nd. BTIG Research set a $126.00 price objective on shares of Ameren in a research note on Thursday, July 23rd. BMO Capital Markets decreased their target price on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. KeyCorp upgraded shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 target price on the stock in a research note on Thursday, July 23rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $122.08.

Institutional Investors Weigh In On Ameren

Several hedge funds have recently added to or reduced their stakes in AEE. Caitong International Asset Management Co. Ltd grew its position in Ameren by 285.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in Ameren in the fourth quarter worth $29,000. Osterweis Capital Management Inc. boosted its position in Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after buying an additional 302 shares during the period. Sound Income Strategies LLC boosted its position in Ameren by 6,080.0% during the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock valued at $32,000 after buying an additional 304 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in shares of Ameren by 74.9% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock valued at $33,000 after buying an additional 125 shares during the last quarter. Institutional investors own 79.09% of the company’s stock.

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.