Chicago Capital LLC acquired a new position in shares of Generac Holdings Inc. (NYSE:GNRC - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,403 shares of the technology company's stock, valued at approximately $304,000.
Other institutional investors also recently bought and sold shares of the company. Hurley Capital LLC acquired a new position in Generac in the fourth quarter valued at approximately $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Generac during the 4th quarter worth $31,000. Quadrant Capital Group LLC increased its position in shares of Generac by 61.7% during the 4th quarter. Quadrant Capital Group LLC now owns 228 shares of the technology company's stock worth $35,000 after purchasing an additional 87 shares during the last quarter. Venturi Wealth Management LLC increased its position in shares of Generac by 42.0% during the 4th quarter. Venturi Wealth Management LLC now owns 284 shares of the technology company's stock worth $44,000 after purchasing an additional 84 shares during the last quarter. Finally, Ostrum Asset Management acquired a new position in Generac in the fourth quarter valued at about $50,000. 84.04% of the stock is owned by hedge funds and other institutional investors.
Generac Stock Up 1.1%
Shares of NYSE GNRC opened at $125.41 on Thursday. The business has a 50-day moving average of $120.53 and a two-hundred day moving average of $137.56. The company has a market capitalization of $7.41 billion, a price-to-earnings ratio of 21.85, a price-to-earnings-growth ratio of 1.12 and a beta of 1.70. Generac Holdings Inc. has a 1 year low of $99.50 and a 1 year high of $195.94. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.97 and a quick ratio of 0.89.
Generac (NYSE:GNRC - Get Free Report) last posted its earnings results on Wednesday, April 30th. The technology company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.27. The firm had revenue of $942.12 million during the quarter, compared to analysts' expectations of $921.78 million. Generac had a return on equity of 18.90% and a net margin of 7.68%. The firm's revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.88 earnings per share. On average, analysts forecast that Generac Holdings Inc. will post 8 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on GNRC shares. Citigroup upgraded shares of Generac from a "neutral" rating to a "buy" rating and decreased their price objective for the stock from $162.00 to $138.00 in a report on Thursday, April 17th. TD Cowen lowered their price target on Generac from $173.00 to $155.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Wells Fargo & Company cut their price objective on Generac from $165.00 to $128.00 and set an "equal weight" rating on the stock in a report on Thursday, May 1st. Canaccord Genuity Group reduced their price target on shares of Generac from $200.00 to $180.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Finally, Stephens restated an "overweight" rating and issued a $175.00 price objective on shares of Generac in a report on Tuesday, May 27th. Seven analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $169.17.
Read Our Latest Stock Report on Generac
About Generac
(
Free Report)
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.
Read More
Want to see what other hedge funds are holding GNRC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Generac Holdings Inc. (NYSE:GNRC - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Generac, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Generac wasn't on the list.
While Generac currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for June 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
