19 hours Ago By Defense World Staff
Charles Schwab Investment Management Inc. increased its position in shares of Generac Holdings Inc. ( NYSE:GNRC – Free Report ) by 0.
4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 557,986 shares of the technology company’s stock after purchasing an additional 2,015 shares during the period. Charles Schwab Investment Management Inc.
owned approximately 0.94% of Generac worth $86,516,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds have also added to or reduced their stakes in the company.
Asset Management One Co. Ltd. raised its holdings in Generac by 23.
7% in the 3rd quarter. Asset Management One Co. Ltd.
now owns 1,147 shares of the technology company’s stock valued at $182,000 after acquiring an additional 220 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Generac by 5.
0% in the 3rd quarter. Principal Financial Group Inc. now owns 71,272 shares of the technology company’s stock valued at $11,324,000 after acquiring an additional 3,426 shares in the last quarter.
Mesirow Financial Investment Management Inc. acquired a new position in Generac in the 3rd quarter valued at $233,000. Sigma Planning Corp acquired a new position in Generac in the 3rd quarter valued at $207,000.
Finally, Delta Financial Advisors LLC raised its holdings in Generac by 24.5% in the 3rd quarter. Delta Financial Advisors LLC now owns 5,909 shares of the technology company’s stock valued at $939,000 after acquiring an additional 1,163 shares in the last quarter.
84.04% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth GNRC has been the subject of several analyst reports.
Barclays started coverage on Generac in a report on Wednesday, December 4th. They issued an “equal weight” rating and a $189.00 price objective for the company.
Robert W. Baird decreased their price target on Generac from $172.00 to $171.
00 and set a “neutral” rating on the stock in a research note on Thursday, February 13th. Piper Sandler decreased their price target on Generac from $185.00 to $175.
00 and set an “overweight” rating on the stock in a research note on Thursday, February 13th. Citigroup decreased their price target on Generac from $172.00 to $162.
00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. Finally, The Goldman Sachs Group decreased their price target on Generac from $193.00 to $168.
00 and set a “buy” rating on the stock in a research note on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, Generac has an average rating of “Moderate Buy” and a consensus price target of $174.
00. Generac Trading Down 3.6 % NYSE GNRC opened at $131.
67 on Tuesday. The business’s 50-day moving average price is $148.15 and its two-hundred day moving average price is $159.
55. Generac Holdings Inc. has a 12 month low of $110.
35 and a 12 month high of $195.94. The firm has a market capitalization of $7.
85 billion, a PE ratio of 24.38, a price-to-earnings-growth ratio of 1.44 and a beta of 1.
50. The company has a current ratio of 1.97, a quick ratio of 0.
97 and a debt-to-equity ratio of 0.48. Generac ( NYSE:GNRC – Get Free Report ) last released its quarterly earnings results on Wednesday, February 12th.
The technology company reported $2.80 EPS for the quarter, beating analysts’ consensus estimates of $2.49 by $0.
31. Generac had a return on equity of 18.17% and a net margin of 7.
36%. On average, analysts expect that Generac Holdings Inc. will post 8 EPS for the current year.
Insider Activity In other news, CEO Aaron Jagdfeld sold 5,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $145.15, for a total value of $725,750.
00. Following the transaction, the chief executive officer now directly owns 565,825 shares of the company’s stock, valued at $82,129,498.75.
The trade was a 0.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link .
2.90% of the stock is owned by company insiders. Generac Profile ( Free Report ) 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. Further Reading Five stocks we like better than Generac What is the S&P 500 and How It is Distinct from Other Indexes How to Protect Your Portfolio When Inflation Is Rising Consumer Discretionary Stocks Explained 3 Tech Stocks Defying Sector Weakness and Thriving in 2025 Top Biotech Stocks: Exploring Innovation Opportunities Despite Challenges Novo Nordisk Plans to Crush GLP-1 Competitors Receive News & Ratings for Generac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Generac and related companies with MarketBeat.com's FREE daily email newsletter .
.
