Generac Holdings Inc. (NYSE:GNRC) Shares Acquired by WoodTrust Financial Corp

WoodTrust Financial Corp boosted its position in shares of Generac Holdings Inc. (NYSE:GNRC) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,400 shares of the technology company’s stock after purchasing an additional 250 shares during the period. WoodTrust Financial Corp’s holdings in Generac were worth $2,447,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. EntryPoint Capital LLC increased its holdings in shares of Generac by 73.2% in the 1st quarter. EntryPoint Capital LLC now owns 213 shares of the technology company’s stock worth $27,000 after acquiring an additional 90 shares during the period. Sunbelt Securities Inc. boosted its position in shares of Generac by 97.1% in the second quarter. Sunbelt Securities Inc. now owns 203 shares of the technology company’s stock worth $27,000 after buying an additional 100 shares during the period. Capital Advisors Ltd. LLC grew its position in Generac by 611.1% during the second quarter. Capital Advisors Ltd. LLC now owns 256 shares of the technology company’s stock valued at $34,000 after purchasing an additional 220 shares in the last quarter. Blue Trust Inc. boosted its position in Generac by 73.5% during the third quarter. Blue Trust Inc. now owns 229 shares of the technology company’s stock valued at $36,000 after purchasing an additional 97 shares during the last quarter. Finally, Fairfield Financial Advisors LTD acquired a new stake in shares of Generac in the second quarter worth about $38,000. Institutional investors and hedge funds own 84.04% of the company’s stock.

Insider Activity at Generac

In related news, CEO Aaron Jagdfeld sold 5,000 shares of Generac stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $166.60, for a total value of $833,000.00. Following the sale, the chief executive officer now owns 557,177 shares of the company’s stock, valued at approximately $92,825,688.20. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.90% of the stock is owned by insiders.

Generac Trading Up 0.9 %

Shares of GNRC stock opened at $183.50 on Thursday. Generac Holdings Inc. has a 1-year low of $100.23 and a 1-year high of $188.30. The company has a current ratio of 2.03, a quick ratio of 0.96 and a debt-to-equity ratio of 0.56. The stock has a 50-day moving average of $158.54 and a 200-day moving average of $149.27. The stock has a market cap of $11.04 billion, a price-to-earnings ratio of 38.07, a PEG ratio of 2.11 and a beta of 1.37.

Generac (NYSE:GNRC) last issued its earnings results on Thursday, October 31st. The technology company reported $2.25 EPS for the quarter, beating the consensus estimate of $1.98 by $0.27. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Generac had a return on equity of 16.70% and a net margin of 7.17%. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period last year, the business posted $1.64 EPS. On average, equities research analysts forecast that Generac Holdings Inc. will post 6.76 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on GNRC shares. Piper Sandler raised their price objective on shares of Generac from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, October 17th. Stephens reiterated an “overweight” rating and issued a $200.00 price target on shares of Generac in a research report on Monday, August 5th. Robert W. Baird dropped their price target on Generac from $187.00 to $181.00 and set a “neutral” rating on the stock in a research note on Friday, November 1st. Northland Securities lifted their target price on Generac from $160.00 to $180.00 and gave the company an “outperform” rating in a research report on Thursday, August 1st. Finally, Scotiabank raised their price objective on Generac from $147.00 to $160.00 and gave the company a “sector perform” rating in a research report on Monday, July 29th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, Generac presently has an average rating of “Moderate Buy” and an average price target of $169.10.

About Generac

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.