Householder Group Estate & Retirement Specialist LLC Sells 295 Shares of Generac Holdings Inc. (NYSE:GNRC)

Householder Group Estate & Retirement Specialist LLC reduced its stake in Generac Holdings Inc. (NYSE:GNRC) by 50.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 290 shares of the technology company’s stock after selling 295 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Generac were worth $44,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Federated Hermes Inc. grew its position in shares of Generac by 7.6% during the 2nd quarter. Federated Hermes Inc. now owns 9,811 shares of the technology company’s stock worth $1,297,000 after purchasing an additional 691 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Generac by 5.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 702,811 shares of the technology company’s stock worth $92,941,000 after purchasing an additional 35,026 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of Generac by 32.7% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 5,170 shares of the technology company’s stock worth $684,000 after purchasing an additional 1,275 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its position in shares of Generac by 4.4% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 8,019 shares of the technology company’s stock worth $1,060,000 after purchasing an additional 341 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its position in shares of Generac by 41.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 7,475 shares of the technology company’s stock worth $988,000 after purchasing an additional 2,175 shares in the last quarter. 84.04% of the stock is owned by institutional investors.

Generac Price Performance

GNRC stock opened at $161.12 on Friday. The company has a fifty day moving average price of $170.92 and a 200-day moving average price of $160.76. The company has a market capitalization of $9.59 billion, a P/E ratio of 33.43, a PEG ratio of 1.59 and a beta of 1.42. Generac Holdings Inc. has a 52-week low of $108.89 and a 52-week high of $195.94. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.96 and a current ratio of 2.03.

Generac (NYSE:GNRC) last released its quarterly earnings results on Thursday, October 31st. The technology company reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.98 by $0.27. Generac had a net margin of 7.17% and a return on equity of 16.70%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter last year, the firm earned $1.64 earnings per share. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. As a group, equities analysts expect that Generac Holdings Inc. will post 6.91 EPS for the current year.

Analyst Upgrades and Downgrades

GNRC has been the topic of several analyst reports. The Goldman Sachs Group increased their price target on shares of Generac from $148.00 to $193.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. JPMorgan Chase & Co. increased their price target on shares of Generac from $160.00 to $178.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Stifel Nicolaus increased their price target on shares of Generac from $185.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Barclays initiated coverage on shares of Generac in a research report on Wednesday, December 4th. They set an “equal weight” rating and a $189.00 price target on the stock. Finally, Citigroup reduced their price target on shares of Generac from $172.00 to $162.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $174.30.

Insider Buying and Selling

In other Generac news, EVP Rajendra Kumar Kanuru sold 3,187 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $183.58, for a total value of $585,069.46. Following the completion of the sale, the executive vice president now directly owns 10,738 shares in the company, valued at approximately $1,971,282.04. This trade represents a 22.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Aaron Jagdfeld sold 5,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $157.50, for a total transaction of $787,500.00. Following the completion of the sale, the chief executive officer now owns 570,825 shares of the company’s stock, valued at $89,904,937.50. The trade was a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 42,268 shares of company stock valued at $7,577,703 over the last quarter. Insiders own 2.90% of the company’s stock.

Generac Company 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.