Generac Holdings Inc. (NYSE:GNRC) Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its position in Generac Holdings Inc. (NYSE:GNRC - Free Report) by 620.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,042 shares of the technology company's stock after buying an additional 13,816 shares during the period. Quantinno Capital Management LP's holdings in Generac were worth $2,487,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Hurley Capital LLC purchased a new stake in Generac during the fourth quarter worth $26,000. Bank of Jackson Hole Trust acquired a new position in shares of Generac in the fourth quarter worth about $31,000. Quadrant Capital Group LLC boosted its stake 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 acquiring an additional 87 shares in the last quarter. Spire Wealth Management grew its position in shares of Generac by 203.6% during the 4th quarter. Spire Wealth Management now owns 252 shares of the technology company's stock valued at $39,000 after acquiring an additional 169 shares during the period. Finally, Venturi Wealth Management LLC increased its stake in shares of Generac by 42.0% in the 4th quarter. Venturi Wealth Management LLC now owns 284 shares of the technology company's stock valued at $44,000 after purchasing an additional 84 shares in the last quarter. Hedge funds and other institutional investors own 84.04% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on GNRC shares. Wall Street Zen lowered Generac from a "buy" rating to a "hold" rating in a report on Thursday. Wells Fargo & Company dropped their target price on shares of Generac from $165.00 to $128.00 and set an "equal weight" rating for the company in a report on Thursday, May 1st. The Goldman Sachs Group dropped their price target on shares of Generac from $193.00 to $168.00 and set a "buy" rating for the company in a research report on Thursday, February 13th. Janney Montgomery Scott raised shares of Generac from a "neutral" rating to a "buy" rating in a research note on Wednesday, May 7th. Finally, TD Securities decreased their price target on shares of Generac from $173.00 to $155.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Eight investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, Generac presently has a consensus rating of "Moderate Buy" and an average price target of $167.20.

Generac Trading Down 0.2%

Generac stock traded down $0.24 during midday trading on Monday, reaching $123.63. The stock had a trading volume of 541,517 shares, compared to its average volume of 845,551. The stock's 50-day simple moving average is $119.52 and its 200 day simple moving average is $144.62. Generac Holdings Inc. has a twelve month low of $99.50 and a twelve month high of $195.94. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.97 and a current ratio of 1.97. The stock has a market capitalization of $7.30 billion, a PE ratio of 22.89, a price-to-earnings-growth ratio of 1.44 and a beta of 1.73.

Generac (NYSE:GNRC - Get Free Report) last posted its earnings results on Wednesday, April 30th. The technology company reported $1.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.27. The business had revenue of $942.12 million during the quarter, compared to analyst estimates of $921.78 million. Generac had a return on equity of 18.17% and a net margin of 7.36%. The company's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.88 earnings per share. Analysts expect that Generac Holdings Inc. will post 8 EPS for the current year.

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.