Ameren (NYSE:AEE) Stock Price Target Cut by Mizuho

Key Points

• Mizuho cut Ameren’s price target from $124 to $113 while maintaining an “outperform” rating, implying 12.54% upside from the previous close.
• Analyst sentiment remains positive overall: Ameren has an average “Moderate Buy” rating and a consensus price target of $118.08, based on 10 Buy and four Hold ratings.
• Ameren’s latest quarterly results exceeded expectations on earnings, reporting $1.13 EPS versus the $1.08 consensus, although revenue of $2.09 billion fell short of estimates and declined 5.8% year over year.

Ameren (NYSE:AEE - Get Free Report) had its price objective cut by research analysts at Mizuho from $124.00 to $113.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has an "outperform" rating on the utilities provider's stock. Mizuho's price objective would indicate a potential upside of 12.54% from the company's previous close.

Other research analysts have also recently issued reports about the stock. BTIG Research set a $126.00 price objective on shares of Ameren in a research report on Thursday, July 23rd. Morgan Stanley cut their price target on shares of Ameren from $114.00 to $108.00 and set an "equal weight" rating for the company in a research note on Friday, September 18th. Truist Financial decreased their price target on shares of Ameren from $124.00 to $120.00 and set a "buy" rating on the stock in a report on Monday, August 17th. Barclays raised their price objective on shares of Ameren from $116.00 to $117.00 and gave the company an "equal weight" rating in a research report on Thursday, July 9th. Finally, Royal Bank Of Canada dropped their price objective on shares of Ameren from $114.00 to $107.00 and set a "sector perform" rating for the company in a report on Friday, September 25th. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Ameren presently has an average rating of "Moderate Buy" and an average price target of $118.08.

Ameren Price Performance

Shares of NYSE:AEE opened at $100.41 on Wednesday. Ameren has a 12 month low of $96.57 and a 12 month high of $118.32. 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 stock has a market cap of $27.80 billion, a P/E ratio of 17.69, a P/E/G ratio of 2.90 and a beta of 0.46. The company has a 50 day moving average of $106.72 and a 200 day moving average of $109.25.

Ameren (NYSE:AEE - Get Free Report) last issued 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. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The firm's revenue was down 5.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, sell-side analysts forecast that Ameren will post 5.4 EPS for the current fiscal year.

Insider Transactions at Ameren

In other Ameren news, insider Michael L. Moehn sold 6,500 shares of the business's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $108.96, for a total value of $708,240.00. Following the transaction, the insider owned 199,689 shares in the company, valued at approximately $21,758,113.44. The trade was a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the firm's stock in a transaction dated 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 sale, the senior vice president directly owned 32,340 shares in the company, valued at $3,522,796.20. The trade was a 0.99% 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. Over the last 90 days, insiders have sold 7,073 shares of company stock worth $769,814. Insiders own 0.29% of the company's stock.

Institutional Trading of Ameren

Large investors have recently added to or reduced their stakes in the stock. Amundi lifted its position in Ameren by 106.0% during the first quarter. Amundi now owns 919,349 shares of the utilities provider's stock valued at $101,055,000 after buying an additional 473,048 shares during the period. Focus Partners Advisor Solutions LLC purchased a new stake in shares of Ameren in the 2nd quarter worth about $1,637,000. Franklin Resources Inc. grew its position in shares of Ameren by 5.2% in the 4th quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider's stock worth $246,966,000 after buying an additional 123,084 shares during the period. Bank of Nova Scotia bought a new position in shares of Ameren in the 2nd quarter worth about $3,288,000. Finally, Natixis Advisors LLC increased its stake in shares of Ameren by 18.1% in the 4th quarter. Natixis Advisors LLC now owns 77,848 shares of the utilities provider's stock worth $7,774,000 after acquiring an additional 11,917 shares in the last quarter. Institutional investors own 79.09% of the company's stock.

Ameren Company Profile

Ameren Corporation is a regulated utility holding company that provides electric and natural gas services to customers in Illinois and Missouri. Through its operating companies, Ameren delivers energy to residential, commercial and industrial customers and operates the infrastructure required to generate, transmit and distribute electricity, as well as distribute natural gas.

Ameren Missouri is involved in electric generation, transmission and distribution and natural gas distribution across Missouri.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.