Regents Gate Capital LLP Has $5.44 Million Stock Position in Generac Holdings Inc. (NYSE:GNRC)

Regents Gate Capital LLP lifted its position in Generac Holdings Inc. (NYSE:GNRC - Free Report) by 85.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 42,935 shares of the technology company's stock after buying an additional 19,808 shares during the quarter. Generac comprises 2.3% of Regents Gate Capital LLP's investment portfolio, making the stock its 19th largest holding. Regents Gate Capital LLP owned 0.07% of Generac worth $5,438,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Hurley Capital LLC acquired a new stake in Generac in the 4th quarter worth approximately $26,000. Quadrant Capital Group LLC lifted its holdings in shares of Generac by 61.7% during the fourth quarter. Quadrant Capital Group LLC now owns 228 shares of the technology company's stock worth $35,000 after buying an additional 87 shares during the last quarter. Private Trust Co. NA lifted its holdings in shares of Generac by 42.9% during the first quarter. Private Trust Co. NA now owns 300 shares of the technology company's stock worth $38,000 after buying an additional 90 shares during the last quarter. Ostrum Asset Management acquired a new position in shares of Generac during the fourth quarter worth approximately $50,000. Finally, Wintrust Investments LLC lifted its holdings in shares of Generac by 55.1% during the fourth quarter. Wintrust Investments LLC now owns 428 shares of the technology company's stock worth $66,000 after buying an additional 152 shares during the last quarter. Institutional investors own 84.04% of the company's stock.

Insider Activity at Generac

In related news, CEO Aaron Jagdfeld sold 5,000 shares of the company's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $142.40, for a total transaction of $712,000.00. Following the sale, the chief executive officer owned 562,966 shares in the company, valued at $80,166,358.40. This represents a 0.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is currently owned by insiders.

Generac Price Performance

Shares of Generac stock traded up $2.17 during trading on Thursday, reaching $153.09. 343,060 shares of the company's stock were exchanged, compared to its average volume of 864,826. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.89 and a current ratio of 1.97. Generac Holdings Inc. has a 1-year low of $99.50 and a 1-year high of $195.94. The company has a market cap of $9.04 billion, a P/E ratio of 26.67, a PEG ratio of 1.34 and a beta of 1.72. The firm's 50-day moving average price is $129.89 and its 200 day moving average price is $134.55.

Generac (NYSE:GNRC - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The technology company reported $1.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.27. The business had revenue of $942.12 million for the quarter, compared to analyst estimates of $921.78 million. Generac had a return on equity of 18.90% and a net margin of 7.68%. Generac's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.88 EPS. As a group, research analysts anticipate that Generac Holdings Inc. will post 8 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Canaccord Genuity Group cut their price target on Generac from $200.00 to $180.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Wall Street Zen upgraded Generac from a "hold" rating to a "buy" rating in a research report on Saturday, June 7th. Stephens restated an "overweight" rating and set a $175.00 price objective on shares of Generac in a research report on Tuesday, May 27th. Stifel Nicolaus lowered their price objective on Generac from $200.00 to $195.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Finally, Bank of America assumed coverage on Generac in a research report on Monday, March 24th. They set a "buy" rating and a $182.00 price objective on the stock. Seven equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $169.17.

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.