Generac Holdings Inc. (NYSE:GNRC) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its position in Generac Holdings Inc. (NYSE:GNRC - Free Report) by 79.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,451 shares of the technology company's stock after selling 99,670 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Generac were worth $3,350,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of GNRC. Hurley Capital LLC acquired a new stake in shares of Generac in the fourth quarter worth approximately $26,000. Quadrant Capital Group LLC lifted its holdings in Generac by 61.7% in the 4th quarter. Quadrant Capital Group LLC now owns 228 shares of the technology company's stock valued at $35,000 after purchasing an additional 87 shares in the last quarter. Ostrum Asset Management purchased a new position in Generac in the 4th quarter valued at $50,000. Wintrust Investments LLC boosted its stake in Generac by 55.1% during the 4th quarter. Wintrust Investments LLC now owns 428 shares of the technology company's stock worth $66,000 after purchasing an additional 152 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Generac during the fourth quarter worth $70,000. 84.04% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on GNRC shares. Canaccord Genuity Group decreased their price target on shares of Generac from $200.00 to $180.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Janney Montgomery Scott raised shares of Generac from a "neutral" rating to a "buy" rating in a research note on Wednesday, May 7th. TD Securities lowered their target price on Generac from $173.00 to $155.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Robert W. Baird cut their price target on Generac from $171.00 to $127.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. Finally, Citigroup upgraded Generac from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $162.00 to $138.00 in a research report on Thursday, April 17th. Seven investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $169.17.

Generac Trading Up 2.4%

Shares of GNRC stock traded up $3.45 during trading hours on Tuesday, hitting $146.66. The company had a trading volume of 988,622 shares, compared to its average volume of 888,874. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.97 and a quick ratio of 0.89. The stock has a market capitalization of $8.66 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 1.28 and a beta of 1.70. The company's fifty day moving average is $124.63 and its 200 day moving average is $134.69. Generac Holdings Inc. has a fifty-two week low of $99.50 and a fifty-two week high of $195.94.

Generac (NYSE:GNRC - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The technology company reported $1.26 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.27. Generac had a return on equity of 18.90% and a net margin of 7.68%. The company had revenue of $942.12 million for the quarter, compared to analysts' expectations of $921.78 million. During the same period in the prior year, the firm earned $0.88 earnings per share. The firm's revenue was up 5.9% compared to the same quarter last year. Research analysts expect that Generac Holdings Inc. will post 8 earnings per share for the current fiscal year.

About Generac

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.