151,437 Shares in Ameresco, Inc. $AMRC Acquired by Caxton Associates LLP

Caxton Associates LLP acquired a new stake in shares of Ameresco, Inc. (NYSE:AMRC) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 151,437 shares of the utilities provider’s stock, valued at approximately $2,300,000. Caxton Associates LLP owned about 0.29% of Ameresco at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of AMRC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Ameresco by 2.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,477 shares of the utilities provider’s stock worth $513,000 after purchasing an additional 884 shares during the last quarter. Harvest Portfolios Group Inc. raised its holdings in Ameresco by 12.4% in the first quarter. Harvest Portfolios Group Inc. now owns 12,570 shares of the utilities provider’s stock worth $152,000 after buying an additional 1,390 shares during the last quarter. Deutsche Bank AG raised its holdings in Ameresco by 5.2% in the first quarter. Deutsche Bank AG now owns 35,265 shares of the utilities provider’s stock worth $426,000 after buying an additional 1,730 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Ameresco by 99.4% in the second quarter. Tower Research Capital LLC TRC now owns 3,518 shares of the utilities provider’s stock worth $53,000 after buying an additional 1,754 shares in the last quarter. Finally, Brevan Howard Capital Management LP grew its holdings in shares of Ameresco by 16.9% during the second quarter. Brevan Howard Capital Management LP now owns 15,086 shares of the utilities provider’s stock valued at $229,000 after buying an additional 2,186 shares during the last quarter. 99.24% of the stock is owned by hedge funds and other institutional investors.

Ameresco Stock Down 6.0%

Ameresco stock opened at $30.17 on Monday. Ameresco, Inc. has a one year low of $8.49 and a one year high of $44.93. The stock has a fifty day moving average of $36.24 and a 200 day moving average of $26.63. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.50 and a current ratio of 1.51. The stock has a market cap of $1.59 billion, a PE ratio of 25.35, a price-to-earnings-growth ratio of 1.46 and a beta of 2.51.

Ameresco (NYSE:AMRC) last released its quarterly earnings results on Monday, November 3rd. The utilities provider reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.09. Ameresco had a return on equity of 6.97% and a net margin of 3.34%.The business had revenue of $525.99 million during the quarter, compared to the consensus estimate of $518.41 million. During the same period in the previous year, the company posted $0.33 EPS. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. Ameresco has set its FY 2025 guidance at 0.700-0.900 EPS. As a group, sell-side analysts predict that Ameresco, Inc. will post 1.15 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Wall Street Zen cut Ameresco from a “hold” rating to a “sell” rating in a research report on Sunday, October 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Ameresco in a report on Monday, December 8th. B. Riley increased their price objective on Ameresco from $32.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Jefferies Financial Group set a $45.00 target price on Ameresco and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, Baird R W upgraded shares of Ameresco from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Ameresco has an average rating of “Moderate Buy” and an average target price of $37.70.

Ameresco Profile

Ameresco, Inc, a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.