Ameren Corporation (NYSE:AEE - Get Free Report) SVP Theresa Shaw sold 325 shares of the company's stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the sale, the senior vice president owned 32,340 shares of the company's stock, valued at $3,522,796.20. This trade represents a 0.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ameren Trading Down 0.2%
NYSE AEE opened at $109.52 on Tuesday. 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 business has a fifty day simple moving average of $111.06 and a 200 day simple moving average of $110.10. Ameren Corporation has a 12 month low of $96.57 and a 12 month high of $118.32. The firm has a market capitalization of $30.32 billion, a P/E ratio of 19.28, a PEG ratio of 2.65 and a beta of 0.47.
Ameren (NYSE:AEE - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (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 firm had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.27 billion. During the same period in the previous year, the firm earned $1.01 EPS. The business's revenue for the quarter was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, analysts predict that Ameren Corporation will post 5.39 EPS for the current fiscal year.
Ameren Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren's dividend payout ratio is presently 52.82%.
Analysts Set New Price Targets
AEE has been the topic of several recent analyst reports. Barclays lifted their target price on shares of Ameren from $116.00 to $117.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 9th. Mizuho boosted their price objective on Ameren from $122.00 to $124.00 and gave the stock an "outperform" rating in a research report on Monday, August 3rd. BMO Capital Markets reduced their price objective on Ameren from $121.00 to $119.00 and set an "outperform" rating for the company in a research note on Wednesday, July 22nd. BTIG Research set a $126.00 target price on Ameren in a research report on Thursday, July 23rd. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Ameren in a research note on Friday, August 7th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $121.75.
Check Out Our Latest Report on Ameren
Institutional Trading of Ameren
Several hedge funds have recently made changes to their positions in the company. Keating Financial Advisory Services Inc. bought a new position in shares of Ameren during the 2nd quarter worth $27,000. Caitong International Asset Management Co. Ltd raised its stake in Ameren by 285.5% in the 3rd 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 period. Garton & Associates Financial Advisors LLC bought a new stake in Ameren in the 4th quarter valued at about $29,000. Osterweis Capital Management Inc. lifted its holdings 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 purchasing an additional 302 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in 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 purchasing an additional 125 shares during the last quarter. 79.09% of the stock is currently owned by institutional investors.
About Ameren
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Get Free Report)
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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