Dimensional Fund Advisors LP Reduces Position in Generac Holdings Inc. $GNRC

Key Points

• Dimensional Fund Advisors reduced its stake in Generac by 1.5% in Q3, selling 14,826 shares and now holding 953,216 shares (~1.62% of the company) valued at about $159.6 million.
• Generac's most recent quarter missed expectations, reporting EPS of $1.61 versus $1.81 consensus and revenue of $1.09 billion (down 11.6% year‑over‑year vs. $1.16 billion expected).
• Analyst sentiment is largely positive — MarketBeat shows a Moderate Buy consensus with an average target of $220.19, and several firms have recently raised targets into the $255–$275 range.

Dimensional Fund Advisors LP reduced its holdings in Generac Holdings Inc. (NYSE:GNRC - Free Report) by 1.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 953,216 shares of the technology company's stock after selling 14,826 shares during the period. Dimensional Fund Advisors LP owned approximately 1.62% of Generac worth $159,558,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GNRC. MUFG Securities EMEA plc acquired a new stake in Generac in the 2nd quarter valued at about $25,000. First Horizon Corp acquired a new position in shares of Generac during the 3rd quarter worth approximately $28,000. Sentry Investment Management LLC boosted its holdings in shares of Generac by 69.8% during the 3rd quarter. Sentry Investment Management LLC now owns 163 shares of the technology company's stock worth $28,000 after purchasing an additional 67 shares during the last quarter. Quent Capital LLC purchased a new stake in shares of Generac in the third quarter valued at approximately $41,000. Finally, Red Tortoise LLC acquired a new stake in shares of Generac in the third quarter valued at approximately $42,000. 84.04% of the stock is currently owned by institutional investors and hedge funds.

Generac Price Performance

GNRC stock opened at $206.94 on Tuesday. The business's fifty day moving average price is $185.65 and its 200 day moving average price is $173.84. Generac Holdings Inc. has a 12-month low of $99.50 and a 12-month high of $241.09. The company has a current ratio of 2.03, a quick ratio of 1.00 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $12.14 billion, a PE ratio of 77.22, a P/E/G ratio of 1.49 and a beta of 1.74.

Generac (NYSE:GNRC - Get Free Report) last issued its earnings results on Wednesday, February 11th. The technology company reported $1.61 earnings per share for the quarter, missing the consensus estimate of $1.81 by ($0.20). Generac had a net margin of 3.79% and a return on equity of 14.55%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same period last year, the business earned $2.80 EPS. The firm's revenue was down 11.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Generac Holdings Inc. will post 8 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. TD Cowen raised their target price on Generac from $220.00 to $255.00 and gave the stock a "buy" rating in a research note on Thursday, February 12th. UBS Group reissued a "buy" rating and set a $270.00 price target on shares of Generac in a research report on Friday, February 13th. Bank of America dropped their price objective on shares of Generac from $236.00 to $224.00 and set a "buy" rating for the company in a report on Wednesday, January 7th. Barclays lifted their target price on shares of Generac from $186.00 to $213.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 12th. Finally, Canaccord Genuity Group set a $275.00 target price on shares of Generac in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five 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 $220.19.

Insider Buying and Selling

In other Generac news, CFO York A. Ragen sold 24,362 shares of the firm's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $235.61, for a total value of $5,739,930.82. Following the sale, the chief financial officer directly owned 137,182 shares in the company, valued at $32,321,451.02. This trade represents a 15.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.70% of the stock is owned by company insiders.

Generac Profile

Generac Holdings Inc NYSE: GNRC is a leading manufacturer of backup power generation products for residential, commercial and industrial applications. The company offers a comprehensive portfolio of standby and portable generators, transfer switches and power management systems designed to provide reliable electricity during power outages and other critical situations. With an emphasis on innovation, Generac has expanded its offerings to include clean energy technologies such as battery storage and integrated solar-plus-storage systems.

Generac's product lineup addresses a broad range of customer needs.

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