Generac Holdings Inc. (NYSE:GNRC) Stock Holdings Raised by James Investment Research Inc.

James Investment Research Inc. raised its stake in Generac Holdings Inc. (NYSE:GNRC) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 10,193 shares of the technology company’s stock after purchasing an additional 241 shares during the period. James Investment Research Inc.’s holdings in Generac were worth $1,580,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Jennison Associates LLC increased its position in shares of Generac by 133.6% in the 4th quarter. Jennison Associates LLC now owns 672,213 shares of the technology company’s stock worth $104,227,000 after purchasing an additional 384,434 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Generac by 114.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 559,816 shares of the technology company’s stock valued at $88,944,000 after buying an additional 299,205 shares during the last quarter. Disciplined Growth Investors Inc. MN raised its stake in Generac by 5.6% during the third quarter. Disciplined Growth Investors Inc. MN now owns 385,584 shares of the technology company’s stock worth $61,262,000 after acquiring an additional 20,576 shares during the period. International Assets Investment Management LLC raised its stake in Generac by 25,311.7% during the third quarter. International Assets Investment Management LLC now owns 267,077 shares of the technology company’s stock worth $42,433,000 after acquiring an additional 266,026 shares during the period. Finally, Stephens Investment Management Group LLC raised its stake in Generac by 25.4% during the fourth quarter. Stephens Investment Management Group LLC now owns 241,114 shares of the technology company’s stock worth $37,385,000 after acquiring an additional 48,765 shares during the period. Institutional investors own 84.04% of the company’s stock.

Generac Stock Down 0.0 %

Shares of NYSE:GNRC opened at $146.80 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.96 and a current ratio of 2.03. The company has a market cap of $8.73 billion, a PE ratio of 30.46, a price-to-earnings-growth ratio of 1.44 and a beta of 1.42. Generac Holdings Inc. has a 52 week low of $108.89 and a 52 week high of $195.94. The firm has a 50 day simple moving average of $156.31 and a 200 day simple moving average of $160.57.

Generac (NYSE:GNRC) last released its earnings results on Wednesday, February 12th. The technology company reported $2.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.49 by $0.31. Generac had a net margin of 7.17% and a return on equity of 16.70%. As a group, research analysts expect that Generac Holdings Inc. will post 6.91 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on GNRC. UBS Group increased their price objective on shares of Generac from $200.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday. Wells Fargo & Company dropped their price target on shares of Generac from $175.00 to $165.00 and set an “equal weight” rating on the stock in a research note on Thursday. Roth Mkm raised their price target on shares of Generac from $160.00 to $175.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. StockNews.com upgraded shares of Generac from a “hold” rating to a “buy” rating in a research note on Monday, October 28th. Finally, Barclays began coverage on shares of Generac in a research note on Wednesday, December 4th. They issued an “equal weight” rating and a $189.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Generac has a consensus rating of “Moderate Buy” and a consensus target price of $174.00.

Insider Activity

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

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.