Generac Holdings Inc. $GNRC Shares Sold by Integrity Alliance LLC.

Integrity Alliance LLC. reduced its stake in Generac Holdings Inc. (NYSE:GNRC) by 26.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,746 shares of the technology company’s stock after selling 614 shares during the period. Integrity Alliance LLC.’s holdings in Generac were worth $250,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GNRC. Private Trust Co. NA boosted its stake in Generac by 42.9% in the first quarter. Private Trust Co. NA now owns 300 shares of the technology company’s stock valued at $38,000 after acquiring an additional 90 shares during the period. First Horizon Advisors Inc. boosted its position in shares of Generac by 13.1% during the first quarter. First Horizon Advisors Inc. now owns 787 shares of the technology company’s stock worth $100,000 after buying an additional 91 shares during the period. World Investment Advisors acquired a new position in shares of Generac during the first quarter worth approximately $1,436,000. Envestnet Asset Management Inc. boosted its position in shares of Generac by 4.2% during the first quarter. Envestnet Asset Management Inc. now owns 564,856 shares of the technology company’s stock worth $71,539,000 after buying an additional 22,659 shares during the period. Finally, Brown Advisory Inc. boosted its position in shares of Generac by 9.0% during the first quarter. Brown Advisory Inc. now owns 812,259 shares of the technology company’s stock worth $102,873,000 after buying an additional 67,180 shares during the period. 84.04% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Generac

In other news, CEO Aaron Jagdfeld sold 5,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $167.42, for a total transaction of $837,100.00. Following the completion of the sale, the chief executive officer owned 547,966 shares in the company, valued at approximately $91,740,467.72. This represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.70% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on GNRC. Zacks Research downgraded Generac from a “hold” rating to a “strong sell” rating in a research report on Friday, October 17th. UBS Group reduced their price objective on Generac from $220.00 to $215.00 and set a “buy” rating for the company in a research report on Thursday. Stifel Nicolaus boosted their price objective on Generac from $195.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Wall Street Zen downgraded Generac from a “buy” rating to a “hold” rating in a research report on Sunday, September 28th. Finally, Roth Capital set a $184.00 price objective on Generac and gave the stock a “neutral” rating in a research report on Thursday. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $191.61.

Generac Stock Performance

GNRC opened at $168.02 on Monday. The company has a market capitalization of $9.86 billion, a price-to-earnings ratio of 32.00, a price-to-earnings-growth ratio of 1.53 and a beta of 1.64. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.18 and a quick ratio of 0.88. Generac Holdings Inc. has a 1-year low of $99.50 and a 1-year high of $203.25. The business has a 50 day moving average price of $179.89 and a two-hundred day moving average price of $156.63.

Generac (NYSE:GNRC) last released its earnings results on Wednesday, October 29th. The technology company reported $1.83 earnings per share for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.42). The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.20 billion. Generac had a return on equity of 17.63% and a net margin of 6.92%.The business’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter last year, the company earned $2.25 earnings per share. Generac has set its FY 2025 guidance at EPS. Research analysts predict that Generac Holdings Inc. will post 8 EPS for the current fiscal year.

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.