Raiffeisen Bank International AG Purchases Shares of 100,000 Ameresco, Inc. $AMRC

Raiffeisen Bank International AG purchased a new stake in Ameresco, Inc. (NYSE:AMRC) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 100,000 shares of the utilities provider’s stock, valued at approximately $2,657,000.

Several other institutional investors have also recently made changes to their positions in AMRC. Wellington Management Group LLP grew its stake in shares of Ameresco by 170.0% in the 3rd quarter. Wellington Management Group LLP now owns 4,735,585 shares of the utilities provider’s stock valued at $159,021,000 after buying an additional 2,981,689 shares during the period. First Trust Advisors LP increased its position in Ameresco by 503.4% in the 4th quarter. First Trust Advisors LP now owns 1,066,571 shares of the utilities provider’s stock valued at $31,240,000 after buying an additional 889,820 shares in the last quarter. Swedbank AB raised its stake in Ameresco by 74.3% during the 1st quarter. Swedbank AB now owns 645,000 shares of the utilities provider’s stock worth $16,448,000 after buying an additional 275,000 shares during the period. Invesco Ltd. raised its stake in Ameresco by 54.7% during the 3rd quarter. Invesco Ltd. now owns 575,173 shares of the utilities provider’s stock worth $19,314,000 after buying an additional 203,374 shares during the period. Finally, Redwood Grove Capital LLC boosted its holdings in Ameresco by 36.0% in the second quarter. Redwood Grove Capital LLC now owns 679,833 shares of the utilities provider’s stock worth $10,327,000 after acquiring an additional 179,943 shares in the last quarter. Institutional investors and hedge funds own 99.24% of the company’s stock.

Ameresco Price Performance

AMRC stock opened at $23.13 on Friday. The company has a market capitalization of $1.23 billion, a P/E ratio of 44.48, a price-to-earnings-growth ratio of 1.70 and a beta of 2.63. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.66 and a current ratio of 1.67. Ameresco, Inc. has a 52-week low of $18.38 and a 52-week high of $44.93. The business has a 50-day simple moving average of $24.07 and a two-hundred day simple moving average of $27.14.

Ameresco (NYSE:AMRC) last issued its quarterly earnings data on Monday, August 3rd. The utilities provider reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. The firm had revenue of $515.46 million during the quarter, compared to analyst estimates of $465.18 million. Ameresco had a return on equity of 2.82% and a net margin of 1.40%.The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.27 EPS. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. Research analysts expect that Ameresco, Inc. will post 1.22 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO George P. Sakellaris acquired 3,000 shares of the company’s stock in a transaction on Friday, August 28th. The shares were acquired at an average cost of $22.13 per share, for a total transaction of $66,390.00. Following the purchase, the chief executive officer owned 1,013,597 shares in the company, valued at approximately $22,430,901.61. The trade was a 0.30% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jennifer L. Miller acquired 2,000 shares of the business’s stock in a transaction on Monday, August 24th. The shares were purchased at an average cost of $20.96 per share, for a total transaction of $41,920.00. Following the completion of the acquisition, the director directly owned 34,546 shares in the company, valued at approximately $724,084.16. The trade was a 6.15% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have acquired 75,025 shares of company stock worth $1,778,963. 45.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on AMRC. Jefferies Financial Group raised Ameresco to a “strong-buy” rating in a research note on Thursday. Oppenheimer reiterated a “market perform” rating on shares of Ameresco in a report on Tuesday, August 4th. Robert W. Baird reissued a “neutral” rating and issued a $32.00 price target (down from $36.00) on shares of Ameresco in a research report on Tuesday, August 18th. UBS Group lifted their price target on shares of Ameresco from $28.00 to $32.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen upgraded shares of Ameresco from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $41.89.

About Ameresco

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.