Generac’s (GNRC) Buy Rating Reaffirmed at Needham & Company LLC

Needham & Company LLC reaffirmed their buy rating on shares of Generac (NYSE:GNRC) in a research report released on Thursday,Benzinga reports. Needham & Company LLC currently has a $277.00 price objective on the technology company’s stock.

Several other equities research analysts have also issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Generac from a “neutral” rating to an “overweight” rating and set a $200.00 price target on the stock in a research note on Monday, December 8th. Wells Fargo & Company raised their price objective on Generac from $185.00 to $234.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Guggenheim reaffirmed a “neutral” rating and issued a $202.00 target price on shares of Generac in a research report on Tuesday, February 10th. UBS Group reiterated a “buy” rating and set a $270.00 target price on shares of Generac in a report on Friday, February 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Generac in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $227.59.

Generac Trading Down 3.9%

NYSE:GNRC opened at $197.16 on Thursday. The company has a market cap of $11.57 billion, a P/E ratio of 73.57, a price-to-earnings-growth ratio of 1.49 and a beta of 1.74. Generac has a twelve month low of $99.50 and a twelve month high of $241.09. The business has a 50 day moving average price of $200.10 and a two-hundred day moving average price of $175.68. The company has a quick ratio of 1.00, a current ratio of 2.03 and a debt-to-equity ratio of 0.48.

Generac (NYSE:GNRC) last posted its quarterly earnings data on Wednesday, February 11th. The technology company reported $1.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.81 by ($0.20). Generac had a net margin of 3.79% and a return on equity of 14.55%. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same quarter last year, the business earned $2.80 earnings per share. Generac’s revenue for the quarter was down 11.6% on a year-over-year basis. As a group, analysts expect that Generac will post 8 EPS for the current fiscal year.

Insider Transactions at Generac

In related news, CFO York A. Ragen sold 24,362 shares of Generac stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $235.61, for a total transaction of $5,739,930.82. Following the completion of the transaction, the chief financial officer owned 137,182 shares in the company, valued at approximately $32,321,451.02. This trade represents a 15.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.70% of the company’s stock.

Institutional Trading of Generac

Institutional investors and hedge funds have recently bought and sold shares of the business. DAVENPORT & Co LLC increased its holdings in shares of Generac by 4.4% in the fourth quarter. DAVENPORT & Co LLC now owns 387,082 shares of the technology company’s stock valued at $53,190,000 after purchasing an additional 16,229 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new stake in shares of Generac during the 3rd quarter worth about $70,744,000. Strs Ohio grew its stake in Generac by 583.4% in the 3rd quarter. Strs Ohio now owns 58,096 shares of the technology company’s stock valued at $9,725,000 after buying an additional 49,595 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Generac by 2.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 597,559 shares of the technology company’s stock valued at $100,031,000 after buying an additional 15,280 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Generac by 2.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 361,189 shares of the technology company’s stock valued at $51,728,000 after acquiring an additional 10,325 shares during the period. Institutional investors own 84.04% of the company’s stock.

Generac News Summary

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Multiple analysts remain bullish — Needham reaffirmed a Buy with a $277 target and Wells Fargo raised its target to $238 (Overweight), supporting upside expectations and signaling continued Street confidence. Needham/Wells Fargo coverage
• Positive Sentiment: Data‑center momentum and recent rally have been a major catalyst: GNRC has surged into strong short‑term performance on commercial/data‑center growth hopes, which underpins longer‑term upside if orders materialize. GNRC Stock Surges 51%
• Neutral Sentiment: Q4 sector rundowns compare Generac to renewable/energy peers; these pieces provide context on where GNRC sits in the cycle but don’t add new company‑specific catalysts. Q4 Rundown: Generac Vs Peers
• Neutral Sentiment: Bank of America trimmed its price target from $260 to $248 but kept a Buy — a modest pullback in expectations rather than a change to a negative view. BofA lowers GNRC PT to $248
• Negative Sentiment: Investor Day disappointment: coverage reports the event lacked a headline hyperscaler/data‑center agreement and failed to materially beat already‑bullish expectations, triggering a sell‑the‑news pullback and near‑term downside. Generac stock tumbles as data center deal hopes disappoint
• Negative Sentiment: Insider selling and profit‑taking narrative: some outlets highlight recent insider sales and heavy institutional position shifts, which can amplify declines after a strong run. Sell‑the‑news analysis & insider activity

Generac Company Profile

Generac Holdings Inc (NYSE: GNRC) is a leading manufacturer of backup power generation products for residential, commercial and industrial applications. The company offers a comprehensive portfolio of standby and portable generators, transfer switches and power management systems designed to provide reliable electricity during power outages and other critical situations. With an emphasis on innovation, Generac has expanded its offerings to include clean energy technologies such as battery storage and integrated solar-plus-storage systems.

Generac’s product lineup addresses a broad range of customer needs.