WINTON GROUP Ltd Takes $474,000 Position in Generac Holdings Inc. (NYSE:GNRC)

WINTON GROUP Ltd purchased a new position in shares of Generac Holdings Inc. (NYSE:GNRC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,059 shares of the technology company’s stock, valued at approximately $474,000.

A number of other hedge funds have also bought and sold shares of the business. Modus Advisors LLC bought a new stake in shares of Generac during the 4th quarter valued at $27,000. Versant Capital Management Inc raised its stake in Generac by 391.9% in the fourth quarter. Versant Capital Management Inc now owns 182 shares of the technology company’s stock valued at $28,000 after purchasing an additional 145 shares in the last quarter. Cranbrook Wealth Management LLC bought a new stake in Generac during the fourth quarter worth about $28,000. Brooklyn Investment Group acquired a new stake in Generac during the third quarter worth about $31,000. Finally, Bank of Jackson Hole Trust bought a new position in Generac in the 4th quarter valued at about $31,000. 84.04% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Aaron Jagdfeld sold 5,000 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $145.15, for a total transaction of $725,750.00. Following the transaction, the chief executive officer now owns 565,825 shares in the company, valued at $82,129,498.75. The trade was a 0.88 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.90% of the stock is currently owned by insiders.

Generac Trading Down 3.0 %

NYSE:GNRC opened at $127.11 on Monday. Generac Holdings Inc. has a 52 week low of $125.00 and a 52 week high of $195.94. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.97 and a current ratio of 1.97. The firm’s fifty day moving average is $140.67 and its 200-day moving average is $157.80. The firm has a market cap of $7.58 billion, a P/E ratio of 23.54, a P/E/G ratio of 1.44 and a beta of 1.50.

Generac (NYSE:GNRC) last issued its quarterly earnings results on Wednesday, February 12th. The technology company reported $2.80 EPS for the quarter, beating analysts’ consensus estimates of $2.49 by $0.31. Generac had a net margin of 7.36% and a return on equity of 18.17%. Equities analysts expect that Generac Holdings Inc. will post 8 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on GNRC shares. Robert W. Baird cut their price target on shares of Generac from $172.00 to $171.00 and set a “neutral” rating for the company in a report on Thursday, February 13th. Stifel Nicolaus dropped their price objective on Generac from $210.00 to $200.00 and set a “buy” rating for the company in a research report on Thursday, February 13th. Barclays assumed coverage on Generac in a research note on Wednesday, December 4th. They set an “equal weight” rating and a $189.00 target price for the company. Piper Sandler dropped their target price on shares of Generac from $185.00 to $175.00 and set an “overweight” rating for the company in a report on Thursday, February 13th. Finally, Guggenheim raised shares of Generac from a “sell” rating to a “neutral” rating in a report on Monday, March 17th. Ten analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $174.38.

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.