U.S. Capital Wealth Advisors LLC Takes $488,000 Position in Generac Holdings Inc. $GNRC

Key Points

• U.S. Capital Wealth Advisors LLC has acquired a stake valued at approximately $488,000 in Generac Holdings Inc., purchasing 3,406 shares during the second quarter.
• Generac's stock is currently down 1.8% and has experienced significant fluctuations with a 12-month range of $99.50 to $203.25.
• Recent earnings reported an EPS of $1.65, exceeding analysts' expectations, and the company predicts an EPS of 8 for the current fiscal year.

U.S. Capital Wealth Advisors LLC bought a new stake in Generac Holdings Inc. (NYSE:GNRC - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,406 shares of the technology company's stock, valued at approximately $488,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Generac by 81.1% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the technology company's stock valued at $25,000 after purchasing an additional 77 shares during the period. Covestor Ltd lifted its stake in shares of Generac by 16.2% in the 1st quarter. Covestor Ltd now owns 596 shares of the technology company's stock valued at $75,000 after purchasing an additional 83 shares during the period. Fiduciary Alliance LLC lifted its stake in shares of Generac by 4.1% in the 2nd quarter. Fiduciary Alliance LLC now owns 2,259 shares of the technology company's stock valued at $324,000 after purchasing an additional 89 shares during the period. Private Trust Co. NA lifted its stake in shares of Generac by 42.9% in the 1st quarter. Private Trust Co. NA now owns 300 shares of the technology company's stock valued at $38,000 after purchasing an additional 90 shares during the period. Finally, First Horizon Advisors Inc. increased its position in Generac by 13.1% during the 1st quarter. First Horizon Advisors Inc. now owns 787 shares of the technology company's stock valued at $100,000 after buying an additional 91 shares in the last quarter. Hedge funds and other institutional investors own 84.04% of the company's stock.

Generac Stock Down 1.8%

Generac stock opened at $164.33 on Friday. The firm has a market cap of $9.64 billion, a price-to-earnings ratio of 27.30, a PEG ratio of 1.34 and a beta of 1.63. The stock has a fifty day simple moving average of $182.06 and a two-hundred day simple moving average of $146.00. Generac Holdings Inc. has a 12 month low of $99.50 and a 12 month high of $203.25. The company has a current ratio of 2.00, a quick ratio of 0.88 and a debt-to-equity ratio of 0.50.

Generac (NYSE:GNRC - Get Free Report) last posted its earnings results on Wednesday, July 30th. The technology company reported $1.65 EPS for the quarter, topping analysts' consensus estimates of $1.33 by $0.32. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.03 billion. Generac had a return on equity of 19.14% and a net margin of 7.91%.The company's quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.35 EPS. Generac has set its FY 2025 guidance at EPS. Equities analysts predict that Generac Holdings Inc. will post 8 EPS for the current fiscal year.

Insider Activity at Generac

In related news, CEO Aaron Jagdfeld sold 5,000 shares of Generac stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $181.21, for a total value of $906,050.00. Following the completion of the sale, the chief executive officer owned 552,966 shares of the company's stock, valued at $100,202,968.86. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.70% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. UBS Group reaffirmed a "buy" rating and set a $220.00 price objective (up previously from $200.00) on shares of Generac in a research report on Thursday, July 31st. JPMorgan Chase & Co. raised their price objective on Generac from $165.00 to $180.00 and gave the company a "neutral" rating in a research report on Friday, September 19th. Wall Street Zen raised Generac from a "hold" rating to a "buy" rating in a research report on Saturday, September 20th. TD Cowen raised their price objective on Generac from $155.00 to $198.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, Barclays set a $200.00 price objective on Generac and gave the company an "equal weight" rating in a research report on Wednesday, July 30th. Twelve investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $184.11.

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.

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