Fintel reports that on January 21, 2025, Evercore ISI Group upgraded their outlook for Ameren (NYSE:AEE) from In-Line to Outperform.
Analyst Price Forecast Suggests 1.04% Downside
As of December 23, 2024, the average one-year price target for Ameren is $93.19/share. The forecasts range from a low of $79.91 to a high of $103.95. The average price target represents a decrease of 1.04% from its latest reported closing price of $94.17 / share.
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The projected annual revenue for Ameren is 7,623MM, an increase of 8.01%. The projected annual non-GAAP EPS is 5.02.
What is the Fund Sentiment?
There are 1,344 funds or institutions reporting positions in Ameren. This is an increase of 7 owner(s) or 0.52% in the last quarter. Average portfolio weight of all funds dedicated to AEE is 0.25%, an increase of 5.82%. Total shares owned by institutions increased in the last three months by 2.87% to 259,184K shares. 
The put/call ratio of AEE is 0.39, indicating a bullish outlook.
What are Other Shareholders Doing?
Price T Rowe Associates holds 26,657K shares representing 9.99% ownership of the company. In its prior filing, the firm reported owning 23,174K shares , representing an increase of 13.06%. The firm increased its portfolio allocation in AEE by 36.12% over the last quarter.
T. Rowe Price Investment Management holds 14,599K shares representing 5.47% ownership of the company. In its prior filing, the firm reported owning 13,709K shares , representing an increase of 6.09%. The firm increased its portfolio allocation in AEE by 25.14% over the last quarter.
PRWCX - T. Rowe Price Capital Appreciation Fund holds 9,437K shares representing 3.54% ownership of the company. In its prior filing, the firm reported owning 8,870K shares , representing an increase of 6.00%. The firm increased its portfolio allocation in AEE by 23.88% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 8,448K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 8,433K shares , representing an increase of 0.17%. The firm increased its portfolio allocation in AEE by 15.72% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 6,988K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 6,844K shares , representing an increase of 2.05%. The firm increased its portfolio allocation in AEE by 15.56% over the last quarter.
Ameren Background Information
(This description is provided by the company.)
St. Louis-based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric distribution and transmission service and natural gas distribution service. Ameren Missouri provides electric generation, transmission and distribution service, as well as natural gas distribution service. Ameren Transmission Company of Illinois develops, owns and operates rate-regulated regional electric transmission projects.
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