Generac (NYSE:GNRC – Free Report) had its price target boosted by Wells Fargo & Company from $234.00 to $238.00 in a research report report published on Thursday,Benzinga reports. They currently have an overweight rating on the technology company’s stock.
GNRC has been the subject of several other reports. Roth Mkm reiterated a “neutral” rating and set a $220.00 price target on shares of Generac in a research report on Thursday, February 12th. Stifel Nicolaus set a $235.00 price objective on Generac in a research report on Thursday, February 12th. Citigroup cut shares of Generac from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $207.00 to $237.00 in a research note on Thursday, March 12th. TD Cowen lifted their target price on shares of Generac from $220.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Finally, UBS Group reiterated a “buy” rating and issued a $270.00 target price on shares of Generac in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Generac has an average rating of “Moderate Buy” and a consensus price target of $227.59.
Check Out Our Latest Report on GNRC
Generac Price Performance
Generac (NYSE:GNRC – Get Free Report) last issued 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 company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same period last year, the firm earned $2.80 EPS. The business’s quarterly revenue was down 11.6% compared to the same quarter last year. Research analysts predict that Generac will post 8 earnings per share for the current year.
Insiders Place Their Bets
In other Generac news, CFO York A. Ragen sold 24,362 shares of the stock in a transaction that occurred on 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 transaction, the chief financial officer owned 137,182 shares in the company, valued at approximately $32,321,451.02. This represents a 15.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.70% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Invesco Ltd. lifted its position in shares of Generac by 49.9% during the 4th quarter. Invesco Ltd. now owns 2,423,971 shares of the technology company’s stock valued at $330,557,000 after buying an additional 806,430 shares in the last quarter. Bank of Montreal Can grew its stake in Generac by 1,141.1% in the 4th quarter. Bank of Montreal Can now owns 695,600 shares of the technology company’s stock valued at $94,859,000 after acquiring an additional 639,551 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in Generac by 127.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 959,337 shares of the technology company’s stock worth $130,825,000 after acquiring an additional 536,732 shares in the last quarter. Norges Bank purchased a new stake in Generac in the 4th quarter worth $68,590,000. Finally, Robeco Schweiz AG acquired a new position in Generac during the fourth quarter worth $51,020,000. 84.04% of the stock is owned by institutional investors and hedge funds.
More 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.
Further Reading
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