Ameren (NYSE:AEE) Rating Lowered to Sell at Wall Street Zen

Key Points

• Wall Street Zen downgraded Ameren to “sell” from “hold,” though the broader analyst consensus remains “Moderate Buy” with an average price target of $116.74.
• Ameren shares opened at $107.93, while the company’s latest quarterly results exceeded EPS expectations at $1.13 versus a $1.08 consensus estimate; revenue declined 5.8% year over year to $2.09 billion.
• Insiders sold 7,073 shares worth approximately $769,814 over the past 90 days, while institutional investors and hedge funds own 79.09% of Ameren’s stock.

Ameren (NYSE:AEE - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Sunday, Wall Street Zen reports.

AEE has been the subject of a number of other research reports. JPMorgan Chase & Co. increased their target price 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. BMO Capital Markets dropped their price target on shares of Ameren from $119.00 to $113.00 and set an "outperform" rating on the stock in a research report on Tuesday. BTIG Research set a $126.00 price target on shares of Ameren in a research report on Thursday, July 23rd. Truist Financial reduced their price target on shares of Ameren from $120.00 to $116.00 and set a "buy" rating for the company in a research note on Wednesday, October 14th. Finally, Scotiabank began coverage on shares of Ameren in a report on Tuesday, September 29th. They issued a "sector perform" rating and a $104.00 price objective for the company. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Ameren presently has an average rating of "Moderate Buy" and an average target price of $116.74.

Ameren Trading Down 0.9%

Shares of AEE stock opened at $107.93 on Friday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. Ameren has a 1 year low of $96.57 and a 1 year high of $118.32. The stock has a fifty day moving average of $104.33 and a two-hundred day moving average of $108.44. The firm has a market capitalization of $29.88 billion, a PE ratio of 19.00, a price-to-earnings-growth ratio of 3.15 and a beta of 0.44.

Ameren (NYSE:AEE - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $1.08 by $0.05. Ameren had a return on equity of 10.95% and a net margin of 17.86%. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same period last year, the company earned $1.01 earnings per share. The company's quarterly revenue was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, research analysts expect that Ameren will post 5.40 EPS for the current year.

Insider Activity

In other news, Director Rafael Flores sold 248 shares of the firm's 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 completion of the sale, the director directly owned 13,888 shares of the company's stock, valued at $1,465,600.64. This trade represents a 1.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Michael Moehn sold 6,500 shares of the firm's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the sale, the insider directly owned 199,689 shares of the company's stock, valued at approximately $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 7,073 shares of company stock worth $769,814. Insiders own 0.29% of the company's stock.

Hedge Funds Weigh In On Ameren

Hedge funds and other institutional investors have recently modified their holdings of the stock. Signaturefd LLC increased its stake in Ameren by 48.2% in the 3rd quarter. Signaturefd LLC now owns 11,547 shares of the utilities provider's stock valued at $1,148,000 after buying an additional 3,758 shares during the period. Citizens Financial Group Inc. RI lifted its position in Ameren by 4.7% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 6,928 shares of the utilities provider's stock worth $688,000 after buying an additional 314 shares in the last quarter. Tectonic Advisors LLC boosted its stake in shares of Ameren by 30.4% during the 3rd quarter. Tectonic Advisors LLC now owns 11,172 shares of the utilities provider's stock valued at $1,110,000 after buying an additional 2,603 shares during the period. Wedbush Securities Inc. boosted its stake in shares of Ameren by 6.1% during the 3rd quarter. Wedbush Securities Inc. now owns 12,232 shares of the utilities provider's stock valued at $1,216,000 after buying an additional 706 shares during the period. Finally, Inspire Investing LLC boosted its stake in shares of Ameren by 10.6% during the 3rd quarter. Inspire Investing LLC now owns 14,974 shares of the utilities provider's stock valued at $1,488,000 after buying an additional 1,439 shares during the period. Institutional investors and hedge funds own 79.09% of the company's stock.

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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