Generac (NYSE:GNRC) Price Target Lowered to $248.00 at Bank of America

Generac (NYSE:GNRC) had its price target lowered by Bank of America from $260.00 to $248.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a buy rating on the technology company’s stock.

Several other equities analysts also recently commented on GNRC. Stifel Nicolaus set a $235.00 price objective on shares of Generac in a report on Thursday, February 12th. Canaccord Genuity Group set a $275.00 target price on shares of Generac in a research note on Thursday, February 12th. Needham & Company LLC reaffirmed a “buy” rating and set a $277.00 target price on shares of Generac in a report on Thursday. UBS Group reiterated a “buy” rating and issued a $270.00 price target on shares of Generac in a research note on Friday, February 13th. Finally, Roth Mkm reissued a “neutral” rating and issued a $220.00 price target on shares of Generac in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Generac has an average rating of “Moderate Buy” and a consensus target price of $227.59.

Generac Price Performance

NYSE:GNRC opened at $197.16 on Thursday. The stock has a market capitalization of $11.57 billion, a PE ratio of 73.57, a P/E/G ratio of 1.49 and a beta of 1.74. The firm has a fifty day simple moving average of $200.10 and a 200 day simple moving average of $175.68. Generac has a 1-year low of $99.50 and a 1-year high of $241.09. The company has a current ratio of 2.03, a quick ratio of 1.00 and a debt-to-equity ratio of 0.48.

Generac (NYSE:GNRC) last released its quarterly earnings data on Wednesday, February 11th. The technology company reported $1.61 earnings per share (EPS) for the quarter, missing the consensus estimate 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 the consensus estimate of $1.16 billion. During the same quarter in the prior year, the company earned $2.80 EPS. Generac’s quarterly revenue was down 11.6% on a year-over-year basis. On average, research analysts expect that Generac will post 8 EPS for the current fiscal year.

Insider Buying and Selling at Generac

In other news, CFO York A. Ragen sold 24,362 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $235.61, for a total value of $5,739,930.82. Following the completion of the sale, the chief financial officer owned 137,182 shares of the company’s stock, valued at approximately $32,321,451.02. The trade was a 15.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 2.70% of the company’s stock.

Hedge Funds Weigh In On Generac

Hedge funds have recently bought and sold shares of the business. Nicollet Investment Management Inc. increased its position in shares of Generac by 0.7% during the fourth quarter. Nicollet Investment Management Inc. now owns 7,734 shares of the technology company’s stock valued at $1,055,000 after buying an additional 50 shares during the period. Gen Wealth Partners Inc lifted its holdings in Generac by 8.7% in the fourth quarter. Gen Wealth Partners Inc now owns 675 shares of the technology company’s stock worth $92,000 after buying an additional 54 shares during the period. Wilmington Savings Fund Society FSB lifted its holdings in Generac by 21.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 331 shares of the technology company’s stock worth $55,000 after buying an additional 59 shares during the period. Meridian Financial Partners LLC boosted its position in Generac by 0.6% during the 4th quarter. Meridian Financial Partners LLC now owns 10,056 shares of the technology company’s stock valued at $1,371,000 after acquiring an additional 61 shares in the last quarter. Finally, Sentry Investment Management LLC grew its holdings in shares of Generac by 69.8% during the 3rd quarter. Sentry Investment Management LLC now owns 163 shares of the technology company’s stock worth $28,000 after acquiring an additional 67 shares during the period. 84.04% of the stock is owned by institutional investors.

Key Generac News

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.