52,884 Shares in Generac Holdings Inc. $GNRC Purchased by Kirr Marbach & Co. LLC IN

Key Points

• Kirr Marbach & Co. LLC has acquired 52,884 shares of Generac Holdings Inc., valued at approximately $7,574,000, making it the firm's 24th largest position.
• CEO Aaron Jagdfeld sold 5,000 shares worth over $906,000, reducing his ownership stake slightly to 552,966 shares.
• Generac's recent earnings report showed an EPS of $1.65, exceeding estimates, and the company has a market capitalization of $9.88 billion.

Kirr Marbach & Co. LLC IN acquired a new position in shares of Generac Holdings Inc. (NYSE:GNRC - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 52,884 shares of the technology company's stock, valued at approximately $7,574,000. Generac makes up approximately 1.5% of Kirr Marbach & Co. LLC IN's holdings, making the stock its 24th biggest position. Kirr Marbach & Co. LLC IN owned 0.09% of Generac as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of GNRC. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Generac in the fourth quarter valued at approximately $3,886,000. Centaurus Financial Inc. grew its stake in Generac by 71.1% in the fourth quarter. Centaurus Financial Inc. now owns 1,203 shares of the technology company's stock valued at $187,000 after purchasing an additional 500 shares in the last quarter. Versant Capital Management Inc grew its stake in Generac by 629.7% in the first quarter. Versant Capital Management Inc now owns 1,328 shares of the technology company's stock valued at $168,000 after purchasing an additional 1,146 shares in the last quarter. GAMMA Investing LLC grew its stake in Generac by 8,026.7% in the first quarter. GAMMA Investing LLC now owns 140,835 shares of the technology company's stock valued at $17,837,000 after purchasing an additional 139,102 shares in the last quarter. Finally, GoalVest Advisory LLC grew its stake in Generac by 1.8% in the first quarter. GoalVest Advisory LLC now owns 16,866 shares of the technology company's stock valued at $2,136,000 after purchasing an additional 300 shares in the last quarter. 84.04% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of Generac stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $181.21, for a total value of $906,050.00. Following the completion of the transaction, the chief executive officer directly owned 552,966 shares of the company's stock, valued at $100,202,968.86. The trade was a 0.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is owned by corporate insiders.

Generac Price Performance

Shares of NYSE GNRC opened at $168.42 on Friday. The stock has a market capitalization of $9.88 billion, a PE ratio of 27.98, a P/E/G ratio of 1.32 and a beta of 1.63. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.00 and a quick ratio of 0.88. The business has a fifty day moving average price of $182.37 and a two-hundred day moving average price of $146.26. Generac Holdings Inc. has a fifty-two week low of $99.50 and a fifty-two week high of $203.25.

Generac (NYSE:GNRC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.32. The firm had revenue of $1.06 billion during the quarter, compared to analysts' expectations of $1.03 billion. Generac had a return on equity of 19.14% and a net margin of 7.91%.The company's quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.35 EPS. Generac has set its FY 2025 guidance at EPS. As a group, equities analysts predict that Generac Holdings Inc. will post 8 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. TD Cowen raised their price target on Generac from $155.00 to $198.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Wall Street Zen upgraded Generac from a "hold" rating to a "buy" rating in a research note on Saturday, September 20th. Stifel Nicolaus raised their price objective on Generac from $195.00 to $210.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. raised their price objective on Generac from $165.00 to $180.00 and gave the company a "neutral" rating in a research report on Friday, September 19th. Finally, Roth Capital raised their price objective on Generac from $122.00 to $140.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. Twelve research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $184.11.

Generac Profile

Generac Holdings Inc designs, manufactures, and distributes various energy technology products and solution worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine residential standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; residential storage solution, which consists of a system of batteries, an inverter, photovoltaic optimizers, power electronic controls, and other components; smart home solutions, such as smart thermostats and a suite of home monitoring products.

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