Pathstone Holdings LLC elevated its stake in Generac Holdings Inc. (NYSE:GNRC – Free Report) by 10.2% in the course of the third quarter, HoldingsChannel reviews. The agency owned 17,011 shares of the know-how firm’s inventory after shopping for an extra 1,569 shares in the course of the interval. Pathstone Holdings LLC’s holdings in Generac had been price $2,703,000 as of its most up-to-date submitting with the Securities and Change Fee.
Different massive buyers have additionally added to or diminished their stakes within the firm. William Blair Funding Administration LLC bought a brand new place in shares of Generac within the 2nd quarter price $98,282,000. Dimensional Fund Advisors LP lifted its holdings in Generac by 5.2% within the second quarter. Dimensional Fund Advisors LP now owns 702,811 shares of the know-how firm’s inventory valued at $92,941,000 after buying an extra 35,026 shares in the course of the interval. Ninety One UK Ltd boosted its place in Generac by 0.7% within the second quarter. Ninety One UK Ltd now owns 519,741 shares of the know-how firm’s inventory price $68,720,000 after buying an extra 3,849 shares over the past quarter. Blair William & Co. IL grew its stake in shares of Generac by 29.2% in the course of the 2nd quarter. Blair William & Co. IL now owns 457,475 shares of the know-how firm’s inventory valued at $60,487,000 after buying an extra 103,439 shares in the course of the interval. Lastly, Burgundy Asset Administration Ltd. elevated its place in shares of Generac by 1.7% in the course of the 2nd quarter. Burgundy Asset Administration Ltd. now owns 422,628 shares of the know-how firm’s inventory valued at $55,880,000 after buying an extra 7,045 shares over the past quarter. Institutional buyers personal 84.04% of the corporate’s inventory.
Generac Inventory Up 1.3 %
GNRC opened at $191.58 on Tuesday. The corporate has a market capitalization of $11.40 billion, a PE ratio of 39.75, a price-to-earnings-growth ratio of two.32 and a beta of 1.37. The agency has a 50-day easy transferring common of $168.12 and a two-hundred day easy transferring common of $153.67. The corporate has a fast ratio of 0.96, a present ratio of two.03 and a debt-to-equity ratio of 0.56. Generac Holdings Inc. has a 52 week low of $108.89 and a 52 week excessive of $195.94.
Generac (NYSE:GNRC – Get Free Report) final launched its quarterly earnings outcomes on Thursday, October thirty first. The know-how firm reported $2.25 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.27. The enterprise had income of $1.17 billion in the course of the quarter, in comparison with analysts’ expectations of $1.16 billion. Generac had a return on fairness of 16.70% and a internet margin of seven.17%. The agency’s income for the quarter was up 9.6% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the enterprise posted $1.64 EPS. Analysts forecast that Generac Holdings Inc. will submit 6.8 earnings per share for the present fiscal 12 months.
Insider Shopping for and Promoting
In different Generac information, CEO Aaron Jagdfeld bought 5,000 shares of the enterprise’s inventory in a transaction that occurred on Friday, November 1st. The inventory was bought at a median worth of $166.60, for a complete transaction of $833,000.00. Following the sale, the chief government officer now straight owns 557,177 shares of the corporate’s inventory, valued at $92,825,688.20. The commerce was a 0.89 % lower of their possession of the inventory. The sale was disclosed in a authorized submitting with the SEC, which is obtainable by this hyperlink. Additionally, CFO York A. Ragen bought 29,081 shares of the agency’s inventory in a transaction that occurred on Wednesday, November sixth. The shares had been bought at a median worth of $184.73, for a complete worth of $5,372,133.13. Following the completion of the sale, the chief monetary officer now straight owns 135,613 shares of the corporate’s inventory, valued at $25,051,789.49. The commerce was a 17.66 % lower of their possession of the inventory. The disclosure for this sale could be discovered right here. Over the past 90 days, insiders have bought 42,268 shares of firm inventory price $7,584,853. Insiders personal 2.90% of the corporate’s inventory.
Analyst Upgrades and Downgrades
A number of analysts just lately issued reviews on the inventory. Northland Securities boosted their goal worth on shares of Generac from $160.00 to $180.00 and gave the corporate an “outperform” score in a analysis report on Thursday, August 1st. StockNews.com upgraded Generac from a “maintain” score to a “purchase” score in a analysis notice on Monday, October twenty eighth. TD Cowen lifted their goal worth on Generac from $172.00 to $183.00 and gave the corporate a “purchase” score in a analysis report on Friday, November 1st. Truist Monetary upped their worth goal on Generac from $170.00 to $210.00 and gave the inventory a “purchase” score in a analysis report on Wednesday, October sixteenth. Lastly, Piper Sandler raised their worth goal on Generac from $190.00 to $200.00 and gave the inventory an “chubby” score in a analysis notice on Friday. One funding analyst has rated the inventory with a promote score, eight have given a maintain score and twelve have assigned a purchase score to the corporate. In line with MarketBeat.com, the inventory presently has a median score of “Reasonable Purchase” and a consensus worth goal of $174.58.
Get Our Newest Analysis Report on GNRC
Generac Profile
Generac Holdings Inc designs, manufactures, and distributes varied vitality know-how merchandise and answer worldwide. The corporate affords residential automated standby turbines, automated switch swap, air-cooled engine residential standby turbines, and liquid-cooled engine turbines; Cell Hyperlink, a distant monitoring system for dwelling standby turbines; residential storage answer, which consists of a system of batteries, an inverter, photovoltaic optimizers, energy digital controls, and different parts; sensible dwelling options, equivalent to sensible thermostats and a set of dwelling monitoring merchandise.
Featured Articles
Need to see what different hedge funds are holding GNRC? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Generac Holdings Inc. (NYSE:GNRC – Free Report).
Obtain Information & Rankings for Generac Every day – Enter your e-mail tackle beneath to obtain a concise each day abstract of the most recent information and analysts’ scores for Generac and associated firms with MarketBeat.com’s FREE each day e-mail e-newsletter.
