Guild Investment Management Inc. Makes New Investment in Generac Holdings Inc. $GNRC

Key Points

• Guild Investment Management Inc. has invested approximately $1.9 million in Generac Holdings Inc., acquiring 13,380 shares, which represents 1.7% of its total portfolio.
• Generac recently reported a quarterly earnings per share (EPS) of $1.65, exceeding estimates, with a revenue of $1.06 billion, a 6.3% increase from the previous year.
• Various analysts have set new price targets for Generac, with an average target price of $183.44 and the stock currently rated as a "Moderate Buy" by researchers.

Guild Investment Management Inc. bought a new position in shares of Generac Holdings Inc. (NYSE:GNRC - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 13,380 shares of the technology company's stock, valued at approximately $1,916,000. Generac makes up about 1.7% of Guild Investment Management Inc.'s portfolio, making the stock its 24th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in GNRC. Farther Finance Advisors LLC grew its holdings in shares of Generac by 83.4% during the first quarter. Farther Finance Advisors LLC now owns 1,102 shares of the technology company's stock worth $139,000 after purchasing an additional 501 shares during the last quarter. Integrated Advisors Network LLC grew its holdings in shares of Generac by 4.9% during the first quarter. Integrated Advisors Network LLC now owns 2,868 shares of the technology company's stock worth $363,000 after purchasing an additional 134 shares during the last quarter. CX Institutional bought a new stake in shares of Generac during the first quarter worth about $185,000. Azzad Asset Management Inc. ADV bought a new stake in shares of Generac during the first quarter worth about $2,000,000. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Generac by 151.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 18,670 shares of the technology company's stock worth $2,365,000 after purchasing an additional 11,252 shares during the last quarter. 84.04% of the stock is currently owned by institutional investors.

Generac Price Performance

Shares of GNRC opened at $166.92 on Wednesday. Generac Holdings Inc. has a 52-week low of $99.50 and a 52-week high of $203.25. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.88 and a current ratio of 2.00. The business's 50 day moving average price is $184.31 and its two-hundred day moving average price is $148.07. The firm has a market cap of $9.79 billion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 1.31 and a beta of 1.64.

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

Insider Transactions at Generac

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $167.42, for a total value of $837,100.00. Following the transaction, the chief executive officer directly owned 547,966 shares of the company's stock, valued at approximately $91,740,467.72. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.70% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Canaccord Genuity Group reduced their price target on Generac from $250.00 to $240.00 and set a "buy" rating on the stock in a report on Thursday, September 25th. JPMorgan Chase & Co. upped their target price on Generac from $165.00 to $180.00 and gave the company a "neutral" rating in a report on Friday, September 19th. UBS Group reiterated a "buy" rating and issued a $220.00 target price (up from $200.00) on shares of Generac in a report on Thursday, July 31st. Weiss Ratings reiterated a "hold (c)" rating on shares of Generac in a report on Saturday, September 27th. Finally, Wells Fargo & Company upped their target price on Generac from $128.00 to $180.00 and gave the company an "equal weight" rating in a report on Thursday, July 31st. Twelve equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $183.44.

Generac Company 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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