Ameresco Sees Significant Institutional Investment Amid Earnings Beat
Ameresco, Inc., a leading independent provider of comprehensive energy efficiency and renewable energy solutions, has gained significant institutional support in recent quarters. Segall Bryant & Hamill LLC acquired a new stake in shares of Ameresco, Inc. (NYSE:AMRC) in the first quarter, purchasing 121,144 shares valued at approximately $3,089,000.
This investment represents a significant increase in ownership for Segall Bryant & Hamill LLC, which now owns around 0.23% of Ameresco's outstanding shares. Other institutional investors have also modified their holdings in the company, including MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd., KBC Group NV, and Swiss National Bank.
Ameresco has seen positive sentiment from analysts following its second-quarter earnings report, with a revenue beat and reaffirmed fiscal 2026 EPS guidance. However, quarterly adjusted EPS was $0.20, matching Wall Street expectations, but declining from the previous year's figure of $0.27.
As Ameresco continues to execute on its growth strategy, institutional support remains strong, with insiders owning approximately 45.10% of the company's stock.