Generac (NYSE:GNRC) Stock Lifted to Strong-Buy by Piper Sandler

Piper Sandler upgraded shares of Generac (NYSE:GNRC) from an overweight rating to a strong-buy rating in a research report sent to investors on Thursday morning, Marketbeat reports.

Several other research analysts have also issued reports on GNRC. Zacks Research lowered shares of Generac from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Roth Capital boosted their target price on Generac from $214.00 to $250.00 and gave the stock a “neutral” rating in a research report on Thursday, September 17th. Wall Street Zen cut Generac from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 19th. DA Davidson set a $333.00 price objective on Generac in a report on Thursday, July 30th. Finally, TD Cowen raised shares of Generac to a “strong-buy” rating in a research note on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $290.55.

Generac Price Performance

Shares of GNRC opened at $224.36 on Thursday. Generac has a 12 month low of $134.80 and a 12 month high of $296.44. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.04 and a quick ratio of 1.00. The stock has a fifty day moving average price of $202.75 and a 200 day moving average price of $226.75. The company has a market cap of $13.24 billion, a P/E ratio of 51.70, a PEG ratio of 1.90 and a beta of 1.91.

Generac (NYSE:GNRC) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.90. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Generac had a net margin of 5.82% and a return on equity of 17.83%. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.65 EPS. On average, research analysts forecast that Generac will post 9.73 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Kyle Raabe sold 603 shares of Generac stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $212.57, for a total transaction of $128,179.71. Following the completion of the sale, the insider directly owned 9,966 shares in the company, valued at $2,118,472.62. The trade was a 5.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Norman P. Taffe sold 150 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $220.00, for a total transaction of $33,000.00. Following the transaction, the insider directly owned 10,976 shares in the company, valued at approximately $2,414,720. The trade was a 1.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 18,442 shares of company stock worth $3,656,537 in the last quarter. 2.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Generac

Several hedge funds have recently bought and sold shares of GNRC. BlackRock Inc. bought a new position in shares of Generac in the 2nd quarter valued at approximately $1,170,960,000. Diamant Asset Management Inc. boosted its position in Generac by 19,433.0% during the first quarter. Diamant Asset Management Inc. now owns 666,075 shares of the technology company’s stock worth $130,104,000 after purchasing an additional 662,665 shares during the period. Bank of America Corp DE bought a new stake in Generac during the second quarter worth approximately $175,942,000. Park Presidio Capital LLC acquired a new position in Generac during the second quarter valued at approximately $158,140,000. Finally, Bank of New York Mellon Corp acquired a new position in Generac during the second quarter valued at approximately $90,872,000. 84.04% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Generac

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Piper Sandler upgraded Generac to “strong buy” and established a $303 price target, citing improving demand and the company’s data-center backlog. The target implies substantial upside from recent trading levels. GNRC Pops on Piper’s $303 Call, Data-Center Backlog
• Positive Sentiment: KeyBanc upgraded GNRC to “overweight” and set a $280 price objective. The firm projects $2.46 in third-quarter 2026 EPS, $2.68 in fourth-quarter EPS and $13.90 in fiscal 2027 EPS, well above the current-year consensus estimate of $9.73. KeyBanc Upgrades Generac Holdings
• Positive Sentiment: Data-center expansion is strengthening Generac’s commercial and industrial outlook. Analysts point to rising power demand from artificial-intelligence infrastructure, including potential business tied to Amazon, while the segment has reported strong sales growth. Generac Shares Rise as Analysts See Data-Center Growth
• Neutral Sentiment: Insiders sold shares under pre-arranged Rule 10b5-1 trading plans. Norman Taffe sold 550 shares across two transactions, while Kyle Andrew Raabe sold 603 shares. The transactions are relatively small compared with their remaining holdings and may have limited fundamental significance. Generac Insider Selling
• Negative Sentiment: Valuation remains a risk. GNRC trades at roughly 52 times earnings after a significant rally, leaving the stock vulnerable if residential demand, tariffs, margins or execution disappoint. Generac Stock May Be Undervalued on Cash Flow

About Generac

Generac Holdings Inc is an energy technology company that designs and manufactures power generation equipment, energy storage systems and other products intended to provide backup and distributed energy solutions. Its offerings serve residential, commercial, industrial and other users seeking standby power, portable power or greater control over energy use.

The company’s product portfolio includes home standby generators, portable generators, commercial and industrial generators, mobile power equipment, engines and related transfer switches and controls.