Insider Selling: Ameren (NYSE:AEE) SVP Sells $35,451.00 in Stock

Ameren Corporation (NYSE:AEEGet Free Report) SVP Theresa Shaw sold 325 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $109.08, for a total value of $35,451.00. Following the completion of the transaction, the senior vice president directly owned 32,618 shares of the company’s stock, valued at approximately $3,557,971.44. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ameren Trading Down 2.8%

Ameren stock opened at $106.50 on Friday. The business has a 50 day moving average price of $110.59 and a two-hundred day moving average price of $106.08. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. The stock has a market cap of $29.47 billion, a price-to-earnings ratio of 19.15, a price-to-earnings-growth ratio of 2.14 and a beta of 0.50. Ameren Corporation has a 12 month low of $93.50 and a 12 month high of $115.58.

Ameren (NYSE:AEEGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, beating the consensus estimate of $1.17 by $0.11. The firm had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities analysts forecast that Ameren Corporation will post 5.36 EPS for the current year.

Institutional Investors Weigh In On Ameren

Hedge funds and other institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd increased its holdings in Ameren by 285.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 197 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Ameren during the 3rd quarter valued at $29,000. Garton & Associates Financial Advisors LLC acquired a new stake in Ameren during the 4th quarter valued at $29,000. Whittier Trust Co. of Nevada Inc. increased its holdings in Ameren by 74.9% during the 1st 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 in the last quarter. Finally, Osterweis Capital Management Inc. increased its holdings in Ameren by 6,040.0% during the 2nd 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 in the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AEE has been the subject of several recent research reports. BMO Capital Markets upped their price target on Ameren from $112.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, February 13th. UBS Group increased their target price on Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $116.00 target price on shares of Ameren in a report on Friday, January 23rd. BTIG Research started coverage on Ameren in a report on Thursday, April 9th. They issued a “buy” rating and a $131.00 target price for the company. Finally, Wall Street Zen raised Ameren from a “sell” rating to a “hold” rating in a report on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $118.00.

Check Out Our Latest Stock Analysis on AEE

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About Ameren

(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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