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Joseph Sutton Buys 9,700 Shares of Ameresco (NYSE:AMRC) Stock

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Key Points

  • Director Joseph Sutton bought 9,700 Ameresco shares at an average price of $20.87, investing $202,439 and increasing his ownership by 13.75% to 80,246 shares.
  • Ameresco reported quarterly revenue of $515.46 million, up 9.1% year over year, while earnings of $0.20 per share matched analyst expectations. The company issued fiscal 2026 EPS guidance of $1.15–$1.35.
  • Shares recently traded at $22.13, well below the analyst consensus target of $42.89; analysts collectively rate the stock a Moderate Buy, while institutional investors own 99.24% of outstanding shares.
  • MarketBeat previews the top five stocks to own by October 1st.

Ameresco, Inc. (NYSE:AMRC - Get Free Report) Director Joseph Sutton acquired 9,700 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was purchased at an average cost of $20.87 per share, with a total value of $202,439.00. Following the completion of the acquisition, the director owned 80,246 shares of the company's stock, valued at $1,674,734.02. The trade was a 13.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Ameresco Stock Up 0.3%

NYSE AMRC traded up $0.06 on Wednesday, hitting $22.13. 639,842 shares of the stock traded hands, compared to its average volume of 592,515. The stock has a 50-day moving average of $24.94 and a 200 day moving average of $27.63. Ameresco, Inc. has a twelve month low of $18.38 and a twelve month high of $44.93. The company has a market capitalization of $1.17 billion, a P/E ratio of 42.56, a price-to-earnings-growth ratio of 1.54 and a beta of 2.62. The company has a current ratio of 1.67, a quick ratio of 1.66 and a debt-to-equity ratio of 1.33.

Ameresco (NYSE:AMRC - Get Free Report) last released its earnings results on Monday, August 3rd. The utilities provider reported $0.20 EPS for the quarter, hitting analysts' consensus estimates of $0.20. Ameresco had a return on equity of 2.82% and a net margin of 1.40%.The company had revenue of $515.46 million for the quarter, compared to the consensus estimate of $465.18 million. During the same quarter last year, the business posted $0.27 EPS. Ameresco's quarterly revenue was up 9.1% compared to the same quarter last year. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. As a group, analysts expect that Ameresco, Inc. will post 1.24 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on AMRC. Canaccord Genuity Group boosted their target price on shares of Ameresco from $59.00 to $62.00 and gave the company a "buy" rating in a research note on Tuesday, August 4th. Weiss Ratings upgraded shares of Ameresco from a "sell (d)" rating to a "sell (d+)" rating in a research report on Wednesday, August 5th. 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 report on Wednesday, August 5th. Oppenheimer reaffirmed a "market perform" rating on shares of Ameresco in a research report on Tuesday, August 4th. Finally, Zacks Research upgraded shares of Ameresco from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Ameresco presently has an average rating of "Moderate Buy" and a consensus target price of $42.89.

Get Our Latest Research Report on Ameresco

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. State of Wyoming bought a new stake in Ameresco in the fourth quarter valued at $27,000. Fifth Third Bancorp bought a new position in shares of Ameresco during the first quarter worth about $44,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Ameresco in the 4th quarter worth about $48,000. Tower Research Capital LLC TRC increased its holdings in shares of Ameresco by 99.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,518 shares of the utilities provider's stock worth $53,000 after acquiring an additional 1,754 shares during the period. Finally, Summit Securities Group LLC bought a new stake in Ameresco in the 4th quarter valued at about $55,000. 99.24% of the stock is currently owned by institutional investors.

Ameresco Company Profile

(Get Free Report)

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.

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