Segall Bryant & Hamill LLC Acquires Shares of 121,144 Ameresco, Inc. $AMRC

Segall Bryant & Hamill LLC bought a new position in Ameresco, Inc. (NYSE:AMRC) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 121,144 shares of the utilities provider’s stock, valued at approximately $3,089,000.

A number of other institutional investors have also modified their holdings of the stock. Wellington Management Group LLP raised its stake in shares of Ameresco by 170.0% during the third quarter. Wellington Management Group LLP now owns 4,735,585 shares of the utilities provider’s stock valued at $159,021,000 after acquiring an additional 2,981,689 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Ameresco by 13.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,439,669 shares of the utilities provider’s stock worth $36,711,000 after purchasing an additional 167,068 shares in the last quarter. Royce & Associates LP grew its stake in Ameresco by 10.7% in the fourth quarter. Royce & Associates LP now owns 1,066,792 shares of the utilities provider’s stock worth $31,246,000 after purchasing an additional 102,782 shares in the last quarter. First Trust Advisors LP increased its holdings in Ameresco by 503.4% during the 4th quarter. First Trust Advisors LP now owns 1,066,571 shares of the utilities provider’s stock worth $31,240,000 after purchasing an additional 889,820 shares during the period. Finally, Redwood Grove Capital LLC increased its holdings in Ameresco by 36.0% during the 2nd quarter. Redwood Grove Capital LLC now owns 679,833 shares of the utilities provider’s stock worth $10,327,000 after purchasing an additional 179,943 shares during the period. 99.24% of the stock is owned by hedge funds and other institutional investors.

Ameresco Price Performance

Shares of AMRC stock opened at $22.83 on Tuesday. The stock’s 50-day moving average is $26.86 and its 200 day moving average is $28.36. Ameresco, Inc. has a 1-year low of $15.90 and a 1-year high of $44.93. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.49 and a quick ratio of 1.48. The company has a market cap of $1.21 billion, a P/E ratio of 39.36, a PEG ratio of 1.70 and a beta of 2.62.

Ameresco (NYSE:AMRC) last announced its earnings results on Monday, August 3rd. The utilities provider reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. The business had revenue of $515.46 million during the quarter, compared to the consensus estimate of $465.18 million. Ameresco had a net margin of 1.59% and a return on equity of 3.33%. The firm’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.27 earnings per share. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. Research analysts predict that Ameresco, Inc. will post 1.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Weiss Ratings downgraded Ameresco from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, June 11th. Robert W. Baird dropped their target price on shares of Ameresco from $44.00 to $36.00 and set an “outperform” rating on the stock in a report on Tuesday, May 5th. Zacks Research raised shares of Ameresco from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 3rd. Guggenheim started coverage on shares of Ameresco in a research report on Friday, May 22nd. They issued a “neutral” rating for the company. Finally, Cantor Fitzgerald increased their price objective on shares of Ameresco from $41.00 to $45.00 and gave the company an “overweight” rating in a research note on Tuesday, May 19th. Seven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ameresco presently has a consensus rating of “Hold” and an average target price of $42.56.

Insider Transactions at Ameresco

In related news, Director Nickolas Stavropoulos sold 1,355 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $34.00, for a total transaction of $46,070.00. Following the completion of the transaction, the director owned 14,111 shares in the company, valued at $479,774. The trade was a 8.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jennifer L. Miller sold 10,000 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $32.27, for a total transaction of $322,700.00. Following the sale, the director directly owned 22,111 shares of the company’s stock, valued at $713,521.97. The trade was a 31.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 26,355 shares of company stock valued at $852,270 in the last 90 days. Insiders own 45.10% of the company’s stock.

More Ameresco News

Here are the key news stories impacting Ameresco this week:

• Positive Sentiment: Ameresco reported second-quarter revenue of $515.46 million, well above analysts’ $465.18 million estimate. The revenue beat indicates solid project execution and demand for the company’s energy infrastructure services. Ameresco Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Ameresco raised or reaffirmed fiscal 2026 EPS guidance at $1.15-$1.35, above the $1.09 analyst consensus. Its $2.0 billion-$2.2 billion revenue outlook brackets the roughly $2.1 billion consensus, supporting confidence in earnings growth. Ameresco Meets Q2 Earnings Estimates
• Neutral Sentiment: Second-quarter adjusted EPS was $0.20, matching Wall Street expectations. The earnings result avoided a downside surprise, although it did not provide an immediate upside catalyst on the bottom line. Ameresco Meets Q2 Earnings Estimates
• Negative Sentiment: Quarterly EPS declined from $0.27 a year earlier to $0.20, indicating year-over-year earnings pressure despite the revenue beat. Zacks also highlighted the need to assess key operating metrics against prior-year levels and estimates. Key Metrics Tell Us About Ameresco Q2 Earnings

Ameresco Company Profile

Ameresco, Inc is a leading independent provider of comprehensive energy efficiency and renewable energy solutions for businesses and governments across North America, Europe and other select markets. Its integrated services portfolio includes energy efficiency retrofits, infrastructure upgrades, distributed generation systems and facility-scale renewable projects. Leveraging performance-based contracting models, Ameresco designs, finances, installs and maintains energy improvements intended to reduce operational costs, mitigate environmental impact and enhance resiliency for its clients.

Founded in 2000 and headquartered in Framingham, Massachusetts, Ameresco has completed thousands of projects spanning solar, wind, geothermal, biomass, landfill gas‐to‐energy, energy storage and microgrid installations.