Candriam S.C.A. acquired a new position in Ameresco, Inc. (NYSE:AMRC – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 142,925 shares of the utilities provider’s stock, valued at approximately $2,971,000. Candriam S.C.A. owned 0.27% of Ameresco at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of AMRC. Inspire Investing LLC increased its stake in Ameresco by 21.3% in the 3rd quarter. Inspire Investing LLC now owns 30,157 shares of the utilities provider’s stock worth $625,000 after purchasing an additional 5,304 shares during the period. Eagle Harbor Asset Management Inc. ADV boosted its stake in shares of Ameresco by 10.7% during the third quarter. Eagle Harbor Asset Management Inc. ADV now owns 24,831 shares of the utilities provider’s stock valued at $514,000 after purchasing an additional 2,398 shares during the period. Vanguard Capital Wealth Advisors purchased a new stake in shares of Ameresco during the third quarter valued at approximately $389,000. NorthCrest Asset Manangement LLC grew its holdings in shares of Ameresco by 7.4% in the third quarter. NorthCrest Asset Manangement LLC now owns 13,697 shares of the utilities provider’s stock worth $288,000 after purchasing an additional 940 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Ameresco by 458.8% in the third quarter. Farther Finance Advisors LLC now owns 1,263 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 1,037 shares during the last quarter. Institutional investors own 99.24% of the company’s stock.
Insider Activity at Ameresco
In related news, Director Joseph W. Sutton purchased 9,700 shares of Ameresco stock in a transaction that occurred on Monday, August 24th. The shares were bought at an average price of $20.87 per share, for a total transaction of $202,439.00. Following the completion of the transaction, the director directly owned 80,246 shares of the company’s stock, valued at $1,674,734.02. This represents a 13.75% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO George P. Sakellaris purchased 5,000 shares of Ameresco stock in a transaction that occurred on Monday, August 24th. The shares were bought at an average price of $20.91 per share, for a total transaction of $104,550.00. Following the transaction, the chief executive officer directly owned 1,000,597 shares of the company’s stock, valued at $20,922,483.27. This trade represents a 0.50% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 29,325 shares of company stock valued at $628,664 over the last quarter. Company insiders own 45.10% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently commented on AMRC shares. Canaccord Genuity Group upped their price target on shares of Ameresco from $59.00 to $62.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Wall Street Zen raised shares of Ameresco from a “sell” rating to a “hold” rating in a report on Sunday, September 27th. BNP Paribas Exane raised shares of Ameresco from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $34.00 to $40.00 in a report on Tuesday, August 4th. Zacks Research cut shares of Ameresco from a “hold” rating to a “strong sell” rating in a research report on Monday, October 12th. Finally, UBS Group upped their price objective on shares of Ameresco from $28.00 to $32.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $41.00.
Check Out Our Latest Research Report on AMRC
More Ameresco News
Here are the key news stories impacting Ameresco this week:
- Positive Sentiment: Ameresco reported third-quarter EPS of $0.88, above analyst estimates of roughly $0.57–$0.59, and revenue of $580.3 million versus estimates of about $572.9 million. Revenue increased 10.3% year over year, while EPS rose from $0.35 a year earlier. Ameresco Reports Third Quarter 2026 Financial Results
- Positive Sentiment: The company raised its 2026 EPS outlook to $1.85–$1.95, well above the $1.23 consensus estimate. Its fourth-quarter EPS forecast of $0.95–$1.05 also exceeds the $0.77 consensus. Full-year revenue guidance is $2.1 billion–$2.2 billion. Ameresco earnings guidance
- Positive Sentiment: Ameresco highlighted a record backlog of about $7.15 billion, providing visibility into potential future work. Coverage also points to backlog expansion and recurring revenue as support for growth and margin gains. AMRC Q3 2026 deep dive
- Neutral Sentiment: Management said it expects five data-center projects could take 12 to 18 months to become contracted backlog. They represent potential growth, but are not yet secured backlog. Ameresco data-center projects
- Negative Sentiment: Fourth-quarter revenue guidance of $625 million–$650 million has a midpoint slightly below analysts’ $639.2 million estimate, tempering the otherwise strong outlook. Ameresco earnings guidance
Ameresco Price Performance
Shares of Ameresco stock opened at $27.46 on Wednesday. The business has a 50 day moving average of $21.57 and a 200 day moving average of $26.17. Ameresco, Inc. has a 52 week low of $18.09 and a 52 week high of $37.14. The company has a market cap of $1.46 billion, a PE ratio of 36.13, a P/E/G ratio of 1.67 and a beta of 2.50. The company has a quick ratio of 1.66, a current ratio of 1.67 and a debt-to-equity ratio of 1.33.
Ameresco (NYSE:AMRC – Get Free Report) last released its quarterly earnings results on Monday, November 9th. The utilities provider reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.31. The business had revenue of $580.32 million for the quarter, compared to analysts’ expectations of $572.89 million. Ameresco had a net margin of 2.01% and a return on equity of 5.13%. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.35 earnings per share. As a group, equities research analysts forecast that Ameresco, Inc. will post 1.22 earnings per share for the current year.
Ameresco Profile
Ameresco, Inc. is a clean-energy and energy-efficiency company that develops, designs, builds, and operates projects for public- and private-sector customers. Its clients include federal, state and local government agencies, schools, healthcare organizations, utilities, and commercial and industrial businesses. The company’s services include improving the energy performance of buildings and infrastructure, developing renewable-energy projects, and providing distributed energy systems, microgrids, energy storage, and related operations and maintenance.
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