Ameresco, Inc. $AMRC Stock Purchased by Gagnon Securities LLC

Gagnon Securities LLC increased its holdings in Ameresco, Inc. (NYSE:AMRC) by 8.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 896,427 shares of the utilities provider’s stock after acquiring an additional 69,865 shares during the quarter. Ameresco comprises approximately 3.2% of Gagnon Securities LLC’s portfolio, making the stock its 8th biggest position. Gagnon Securities LLC’s holdings in Ameresco were worth $18,565,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its holdings in Ameresco by 4.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 20,868 shares of the utilities provider’s stock valued at $438,000 after acquiring an additional 832 shares in the last quarter. KBC Group NV raised its holdings in Ameresco by 0.9% in the 1st quarter. KBC Group NV now owns 97,905 shares of the utilities provider’s stock worth $2,497,000 after purchasing an additional 891 shares in the last quarter. NorthCrest Asset Manangement LLC raised its holdings in Ameresco by 7.4% in the 3rd 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 in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Ameresco by 458.8% in the 3rd 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 period. Finally, Fifth Third Bancorp purchased a new stake in shares of Ameresco in the 1st quarter worth about $44,000. Hedge funds and other institutional investors own 99.24% of the company’s stock.

Key Stories Impacting Ameresco

These are some of the AMRC stories that stood out recently:

• Positive Sentiment: Ameresco raised its 2026 adjusted EPS guidance to $1.85–$1.95, above the prior consensus estimate of $1.23. It forecast full-year revenue of $2.1 billion–$2.2 billion, broadly in line with consensus. Ameresco earnings guidance
• Positive Sentiment: Canaccord and Stifel maintained Buy ratings despite modestly reducing their price targets; Cantor Fitzgerald also kept its Buy rating. Cantor Fitzgerald rating
• Negative Sentiment: Q4 revenue guidance of $625 million–$650 million has a midpoint slightly below the $639.2 million consensus estimate, and Stifel and Canaccord each lowered their price targets by $1 while retaining Buy ratings.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Cantor Fitzgerald cut their target price on shares of Ameresco from $44.00 to $36.00 and set an “overweight” rating on the stock in a research note on Thursday, August 27th. Zacks Research downgraded shares of Ameresco from a “hold” rating to a “strong sell” rating in a research note on Monday, October 12th. Stifel Nicolaus lowered their price objective on shares of Ameresco from $38.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday. Canaccord Genuity Group cut their price objective on Ameresco from $62.00 to $61.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, BNP Paribas Exane raised Ameresco from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $34.00 to $40.00 in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Ameresco has a consensus rating of “Hold” and a consensus price target of $40.71.

Insider Buying and Selling at Ameresco

In related news, Director Brian C. Cox purchased 4,625 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were purchased at an average cost of $21.64 per share, with a total value of $100,085.00. Following the transaction, the director directly owned 44,325 shares in the company, valued at $959,193. This trade represents a 11.65% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Joseph W. Sutton purchased 9,700 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was bought at an average price of $20.87 per share, for a total transaction of $202,439.00. Following the purchase, the director directly owned 80,246 shares in the company, valued at $1,674,734.02. The trade was a 13.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 29,325 shares of company stock worth $628,664 over the last three months. Company insiders own 45.10% of the company’s stock.

Ameresco Stock Down 3.8%

NYSE:AMRC opened at $26.57 on Thursday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.65 and a quick ratio of 1.66. The firm’s 50-day moving average price is $21.65 and its 200-day moving average price is $26.14. The company has a market capitalization of $1.41 billion, a PE ratio of 34.96, a P/E/G ratio of 1.93 and a beta of 2.50. Ameresco, Inc. has a 1-year low of $18.09 and a 1-year high of $37.14.

Ameresco (NYSE:AMRC) last issued its quarterly earnings results on Monday, November 9th. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.31. Ameresco had a net margin of 2.01% and a return on equity of 4.68%. The company had revenue of $580.32 million during the quarter, compared to analysts’ expectations of $572.89 million. During the same period last year, the company posted $0.35 EPS. Ameresco’s revenue was up 10.3% on a year-over-year basis. On average, equities analysts predict that Ameresco, Inc. will post 1.30 EPS for the current fiscal year.

Ameresco Company 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.