Ameren (NYSE:AEE) Now Covered by Analysts at HSBC

Key Points

• HSBC initiated coverage of Ameren with a “buy” rating and a $119.10 price target, implying approximately 9.38% upside from the stock’s reported price.
• Analyst sentiment remains favorable: Ameren has 11 Buy ratings and five Hold ratings, resulting in a consensus “Moderate Buy” rating and an average price target of $116.74.
• Ameren reported quarterly EPS of $1.13, exceeding the $1.08 consensus estimate, though revenue fell 5.8% year over year to $2.09 billion. Institutional investors own approximately 79.09% of the company.

Research analysts at HSBC assumed coverage on shares of Ameren (NYSE:AEE - Get Free Report) in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The firm set a "buy" rating and a $119.10 price target on the utilities provider's stock. HSBC's price objective suggests a potential upside of 9.38% from the company's current price.

Several other research analysts have also recently weighed in on AEE. Royal Bank Of Canada decreased their price target on Ameren from $114.00 to $107.00 and set a "sector perform" rating for the company in a research note on Friday, September 25th. Truist Financial lowered their price target on Ameren from $120.00 to $116.00 and set a "buy" rating on the stock in a report on Wednesday, October 14th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Ameren in a research report on Friday, August 7th. KeyCorp lifted their price objective on Ameren from $116.00 to $122.00 and gave the stock an "overweight" rating in a report on Tuesday, October 13th. Finally, Scotiabank assumed coverage on Ameren in a report on Tuesday, September 29th. They issued a "sector perform" rating and a $104.00 price objective for the company. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $116.74.

Ameren Price Performance

Shares of AEE opened at $108.89 on Thursday. The company has a market capitalization of $30.14 billion, a P/E ratio of 19.87, a price-to-earnings-growth ratio of 3.11 and a beta of 0.44. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. The firm has a 50 day moving average of $104.37 and a 200 day moving average of $108.45. Ameren has a twelve month low of $96.57 and a twelve month high of $118.32.

Ameren (NYSE:AEE - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.05. Ameren had a return on equity of 10.95% and a net margin of 17.86%. The business had revenue of $2.09 billion for the quarter, compared to analysts' expectations of $2.27 billion. During the same period in the prior year, the firm posted $1.01 EPS. The firm's quarterly 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 research analysts anticipate that Ameren will post 5.40 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Rafael Flores sold 248 shares of the stock in a transaction on Friday, September 11th. The stock was sold at an average price of $105.53, for a total transaction of $26,171.44. Following the transaction, the director directly owned 13,888 shares of the company's stock, valued at $1,465,600.64. This represents a 1.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Theresa Shaw sold 325 shares of the firm'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 completion of the transaction, the senior vice president owned 32,340 shares in the company, valued at approximately $3,522,796.20. This trade represents a 0.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,073 shares of company stock valued at $769,814 in the last ninety days. 0.29% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Ameren during the second quarter valued at approximately $2,918,526,000. Janus Henderson Group PLC raised its position in Ameren by 11.5% in the first quarter. Janus Henderson Group PLC now owns 5,377,156 shares of the utilities provider's stock worth $591,056,000 after acquiring an additional 553,164 shares during the period. Jupiter Topco LLC bought a new position in Ameren in the second quarter worth approximately $578,254,000. Bessemer Group Inc. raised its position in Ameren by 0.7% in the first quarter. Bessemer Group Inc. now owns 2,758,605 shares of the utilities provider's stock worth $303,227,000 after acquiring an additional 18,526 shares during the period. Finally, Deutsche Bank AG purchased a new position in shares of Ameren during the 2nd quarter worth $253,519,000. 79.09% of the stock is owned by hedge funds and other institutional investors.

Ameren Company Profile

Ameren Corporation is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren Missouri and Ameren Illinois, the company provides electric generation, transmission and distribution services, as well as natural gas distribution.

Ameren serves approximately 2.5 million electric customers and more than 900,000 natural gas customers across Missouri and Illinois. Its operations include a diverse generation portfolio and infrastructure designed to deliver reliable energy to residential, commercial and industrial customers, while supporting the transition toward cleaner energy resources.

Ameren was formed in 1997 through the merger of Union Electric Company and CIPSCO Inc The company is led by Martin J.

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