Epoch Investment Partners Inc. Makes New $1.18 Million Investment in Generac Holdings Inc. (NYSE:GNRC)

Epoch Investment Partners Inc. acquired a new stake in Generac Holdings Inc. (NYSE:GNRC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,590 shares of the technology company’s stock, valued at approximately $1,177,000.

Several other large investors have also modified their holdings of GNRC. Hurley Capital LLC purchased a new stake in Generac during the 4th quarter valued at approximately $26,000. Modus Advisors LLC purchased a new stake in shares of Generac during the fourth quarter worth approximately $27,000. Cranbrook Wealth Management LLC acquired a new stake in shares of Generac during the fourth quarter worth $28,000. Versant Capital Management Inc grew its position in Generac by 391.9% in the 4th quarter. Versant Capital Management Inc now owns 182 shares of the technology company’s stock valued at $28,000 after buying an additional 145 shares during the last quarter. Finally, Bank of Jackson Hole Trust purchased a new position in Generac during the 4th quarter worth $31,000. 84.04% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Aaron Jagdfeld sold 5,000 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $145.15, for a total value of $725,750.00. Following the completion of the transaction, the chief executive officer now directly owns 565,825 shares in the company, valued at approximately $82,129,498.75. This represents a 0.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.90% of the company’s stock.

Generac Trading Up 0.8 %

Generac stock opened at $111.59 on Monday. The stock has a market cap of $6.65 billion, a PE ratio of 20.66, a P/E/G ratio of 1.44 and a beta of 1.58. The company has a current ratio of 1.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.48. The stock has a 50-day moving average price of $128.27 and a 200 day moving average price of $153.54. Generac Holdings Inc. has a 52 week low of $99.50 and a 52 week high of $195.94.

Generac (NYSE:GNRC) last issued its quarterly earnings results on Wednesday, February 12th. The technology company reported $2.80 EPS for the quarter, topping 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 research analysts predict that Generac Holdings Inc. will post 8 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on GNRC shares. Guggenheim raised shares of Generac from a “sell” rating to a “neutral” rating in a report on Monday, March 17th. UBS Group boosted their target price on Generac from $200.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Robert W. Baird reduced their price target on Generac from $172.00 to $171.00 and set a “neutral” rating for the company in a report on Thursday, February 13th. Bank of America initiated coverage on Generac in a research report on Monday, March 24th. They issued a “buy” rating and a $182.00 price objective for the company. Finally, Stifel Nicolaus decreased their target price on shares of Generac from $210.00 to $200.00 and set a “buy” rating on the stock in a research report on Thursday, February 13th. Nine equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $173.40.

Generac Company Profile

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.