Counterpoint Mutual Funds LLC Takes Position in Ameresco, Inc. $AMRC

Counterpoint Mutual Funds LLC bought a new stake in Ameresco, Inc. (NYSE:AMRC) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 30,859 shares of the utilities provider’s stock, valued at approximately $787,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMRC. Wellington Management Group LLP increased its position in Ameresco by 170.0% during the third quarter. Wellington Management Group LLP now owns 4,735,585 shares of the utilities provider’s stock worth $159,021,000 after buying an additional 2,981,689 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ameresco by 2.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,272,601 shares of the utilities provider’s stock valued at $37,274,000 after buying an additional 34,279 shares during the last quarter. Royce & Associates LP lifted its position in shares of Ameresco by 10.7% in the fourth quarter. Royce & Associates LP now owns 1,066,792 shares of the utilities provider’s stock valued at $31,246,000 after buying an additional 102,782 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of 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 acquiring an additional 889,820 shares during the period. Finally, Granahan Investment Management LLC increased its holdings in shares of Ameresco by 108.4% during the 3rd quarter. Granahan Investment Management LLC now owns 890,072 shares of the utilities provider’s stock worth $29,889,000 after acquiring an additional 462,875 shares during the last quarter. Institutional investors own 99.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on AMRC shares. Zacks Research upgraded Ameresco from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 3rd. Cantor Fitzgerald lifted their price objective on shares of Ameresco from $41.00 to $45.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 19th. Robert W. Baird decreased their price objective 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. Canaccord Genuity Group upped their price objective on shares of Ameresco from $50.00 to $59.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $38.00 price objective (up from $37.00) on shares of Ameresco in a research report on Wednesday, March 11th. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Ameresco currently has a consensus rating of “Hold” and a consensus price target of $42.56.

Ameresco Stock Performance

Shares of NYSE:AMRC opened at $25.39 on Friday. Ameresco, Inc. has a 12-month low of $15.52 and a 12-month high of $44.93. The company’s 50 day moving average price is $29.70 and its two-hundred day moving average price is $29.38. The firm has a market cap of $1.34 billion, a PE ratio of 43.78, a PEG ratio of 2.09 and a beta of 2.60. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 1.64.

Ameresco (NYSE:AMRC) last released its quarterly earnings results on Monday, May 4th. The utilities provider reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.06). The business had revenue of $401.46 million during the quarter, compared to analyst estimates of $362.92 million. Ameresco had a net margin of 1.59% and a return on equity of 3.33%. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.11) earnings per share. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. Equities research analysts predict that Ameresco, Inc. will post 1.1 earnings per share for the current year.

Insiders Place Their Bets

In other Ameresco news, Director Nickolas Stavropoulos sold 1,355 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $34.00, for a total transaction of $46,070.00. Following the transaction, the director owned 14,111 shares in the company, valued at $479,774. This trade represents a 8.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Francis V. Wisneski, Jr. sold 10,000 shares of Ameresco stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $30.29, for a total value of $302,900.00. Following the completion of the transaction, the director directly owned 25,232 shares of the company’s stock, valued at $764,277.28. This represents a 28.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 26,355 shares of company stock worth $852,270 in the last 90 days. Company insiders own 45.10% of the company’s stock.

Ameresco 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.