Harrison Street Private Wealth LLC Invests $2.55 Million in Ameren Corporation $AEE

Harrison Street Private Wealth LLC purchased a new stake in shares of Ameren Corporation (NYSE:AEE) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 23,211 shares of the utilities provider’s stock, valued at approximately $2,551,000. Ameren comprises about 3.4% of Harrison Street Private Wealth LLC’s investment portfolio, making the stock its 19th biggest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its stake in shares of Ameren by 285.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after buying an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new position in shares of Ameren in the 4th quarter valued at $29,000. Osterweis Capital Management Inc. boosted its holdings in shares of Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 302 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in shares of Ameren by 6,080.0% during the 4th quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 304 shares in the last quarter. Finally, Wiser Advisor Group LLC bought a new stake in Ameren during the 3rd quarter worth $35,000. Institutional investors own 79.09% of the company’s stock.

Ameren Price Performance

Shares of AEE opened at $114.97 on Friday. Ameren Corporation has a 52-week low of $94.20 and a 52-week high of $118.32. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. The business’s 50 day moving average price is $110.07 and its two-hundred day moving average price is $107.82. The firm has a market cap of $31.82 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 2.25 and a beta of 0.47.

Ameren (NYSE:AEE) last announced its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.17 by $0.11. The company had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The company’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities analysts anticipate that Ameren Corporation will post 5.38 EPS for the current year.

Ameren Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is presently 53.96%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Argus upped their price target on shares of Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. Truist Financial reduced their price objective on shares of Ameren from $126.00 to $121.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Morgan Stanley set a $115.00 price objective on Ameren in a report on Wednesday, June 24th. JPMorgan Chase & Co. raised Ameren from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $120.00 to $126.00 in a research report on Thursday, May 21st. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $120.00 target price on shares of Ameren in a report on Tuesday, April 21st. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $119.42.

Insiders Place Their Bets

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $109.08, for a total value of $35,451.00. Following the completion of the sale, the senior vice president directly owned 32,618 shares of the company’s stock, valued at approximately $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

Ameren Profile

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.