Generac (NYSE:GNRC – Free Report) had its price objective lowered by Cantor Fitzgerald from $333.00 to $297.00 in a report issued on Monday morning, MarketBeat Ratings reports. Cantor Fitzgerald currently has an overweight rating on the technology company’s stock.
A number of other equities research analysts also recently issued reports on GNRC. HSBC downgraded shares of Generac to a “hold” rating and set a $333.00 price target for the company. in a research report on Thursday, September 17th. Wall Street Zen downgraded Generac from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 19th. Stephens reaffirmed an “overweight” rating and set a $335.00 price objective on shares of Generac in a report on Thursday, September 17th. Robert W. Baird set a $305.00 price objective on Generac in a report on Thursday, July 30th. Finally, Canaccord Genuity Group boosted their target price on Generac from $275.00 to $375.00 and gave the stock a “buy” rating in a research report on Thursday, September 17th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $290.45.
Check Out Our Latest Research Report on Generac
Generac Stock Down 0.8%
Generac (NYSE:GNRC – Get Free Report) last issued its earnings results on Wednesday, July 29th. The technology company reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.90. Generac had a net margin of 5.82% and a return on equity of 17.83%. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same period in the prior year, the business posted $1.65 earnings per share. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. Equities research analysts anticipate that Generac will post 9.82 EPS for the current fiscal year.
Insider Buying and Selling at Generac
In related news, insider Kyle Raabe sold 603 shares of Generac stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $212.57, for a total transaction of $128,179.71. Following the completion of the transaction, the insider directly owned 9,966 shares in the company, valued at $2,118,472.62. The trade was a 5.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Norman P. Taffe sold 150 shares of Generac stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $220.00, for a total value of $33,000.00. Following the transaction, the insider owned 10,976 shares of the company’s stock, valued at $2,414,720. This represents a 1.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 18,442 shares of company stock valued at $3,656,537 over the last quarter. Corporate insiders own 2.40% of the company’s stock.
Institutional Investors Weigh In On Generac
A number of large investors have recently bought and sold shares of GNRC. N.E.W. Advisory Services LLC purchased a new position in Generac during the second quarter worth $25,000. Avalon Trust Co purchased a new stake in shares of Generac in the first quarter valued at $32,000. Essential Partners LLC lifted its position in shares of Generac by 57.0% in the first quarter. Essential Partners LLC now owns 168 shares of the technology company’s stock valued at $33,000 after acquiring an additional 61 shares in the last quarter. GHP Investment Advisors Inc. purchased a new stake in shares of Generac in the first quarter valued at $36,000. Finally, Root Financial Partners LLC boosted its stake in shares of Generac by 32.9% during the first quarter. Root Financial Partners LLC now owns 218 shares of the technology company’s stock valued at $43,000 after acquiring an additional 54 shares during the last quarter. Institutional investors and hedge funds own 84.04% of the company’s stock.
Key Stories Impacting Generac
Here are the key news stories impacting Generac this week:
- Positive Sentiment: TD Cowen upgraded Generac to “strong buy,” signaling increased confidence in the company’s growth prospects. Analysts also expect Generac to potentially exceed earnings estimates again, supported by its history of earnings surprises. Generac Stock Moved Up to Strong-Buy by TD Cowen Will Generac Holdings Beat Estimates Again
- Positive Sentiment: Generac’s commercial and industrial segment is benefiting from data-center demand, with reported sales growth of 29% and an improved 2026 outlook. A major opportunity tied to Amazon’s power needs adds to the company’s long-term growth narrative. Generac Commercial and Industrial Business Momentum
- Neutral Sentiment: Insiders reported several sales under pre-arranged Rule 10b5-1 plans. Kyle Raabe sold 603 shares for approximately $128,180, while Norman Taffe sold 550 shares across two transactions for roughly $119,184. The transactions are relatively small compared with their remaining holdings and may have limited fundamental significance. SEC Insider Filing for Kyle Raabe SEC Insider Filing for Norman Taffe
- Negative Sentiment: Investors remain concerned about residential-market softness, tariff volatility and margin pressure as Generac’s business mix shifts toward commercial customers. After a roughly 58% year-to-date advance, the stock’s elevated valuation also leaves less room for disappointing results. Generac Year-to-Date Gains and Risks
Generac Company Profile
Generac Holdings Inc is an energy technology company that designs and manufactures power generation equipment, energy storage systems and other products intended to provide backup and distributed energy solutions. Its offerings serve residential, commercial, industrial and other users seeking standby power, portable power or greater control over energy use.
The company’s product portfolio includes home standby generators, portable generators, commercial and industrial generators, mobile power equipment, engines and related transfer switches and controls.
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