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Michael Moehn, Senior Executive Vice President and Chief Financial Officer of Ameren Corp (NYSE:AEE), has recently made a notable transaction involving the company’s stock. According to a recent SEC filing, Moehn sold 6,500 shares of Ameren common stock. The shares were sold at a price of $97.54 each, amounting to a total transaction value of approximately $634,010. The transaction comes as Ameren, a $26.7 billion utility company, trades near its 52-week high of $100.61. InvestingPro data shows the stock has delivered an impressive 42% return over the past year, while maintaining its 28-year streak of consistent dividend payments.
Following the sale, Moehn retains ownership of 230,016 shares directly. Additionally, Moehn holds an estimated 5,063 share equivalents in Ameren’s unitized stock fund, as part of the company’s Savings Investment Plan, as of January 31, 2025. This transaction was conducted under a pre-arranged 10b5-1 trading plan. According to InvestingPro, the company maintains a FAIR financial health score, with 8+ additional exclusive insights available to subscribers, including detailed insider trading analysis and comprehensive financial metrics.
In other recent news, Ameren Corporation reported its fourth-quarter 2024 earnings, revealing a mixed performance with an earnings per share (EPS) of $0.77, which fell short of the forecasted $0.81. However, the company exceeded revenue expectations, reporting $1.94 billion against the anticipated $1.92 billion. BMO Capital Markets maintained an Outperform rating on Ameren, raising the stock price target to $105, following the company’s announcement of full-year 2024 EPS of $4.63, aligning with estimates. Mizuho (NYSE:MFG) Securities also raised its price target for Ameren to $105 from $95, citing the company’s updated five-year capital expenditure plan, which increased to $26.3 billion. Jefferies went further, increasing the price target to $112, highlighting Ameren’s capital expenditures to support large customer load in Missouri. Ameren reaffirmed its 2025 EPS guidance of $4.85 to $5.05 and confirmed its long-term EPS compound annual growth rate (CAGR) of 6-8% through 2029. The company’s strategic investments and infrastructure improvements remain a focus for future growth, with a projected rate base growth of 9.2%.
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