10,000 Shares in Generac Holdings Inc. $GNRC Purchased by De Lisle Partners LLP

De Lisle Partners LLP bought a new position in shares of Generac Holdings Inc. (NYSE:GNRC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 10,000 shares of the technology company’s stock, valued at approximately $1,364,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Y Intercept Hong Kong Ltd raised its holdings in Generac by 29.7% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 60,809 shares of the technology company’s stock worth $8,293,000 after acquiring an additional 13,941 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new stake in Generac during the fourth quarter worth about $238,000. Advisors Asset Management Inc. raised its holdings in Generac by 6.2% during the fourth quarter. Advisors Asset Management Inc. now owns 5,032 shares of the technology company’s stock worth $686,000 after acquiring an additional 294 shares in the last quarter. Cibc World Markets Corp acquired a new position in Generac during the fourth quarter worth approximately $836,000. Finally, Carson Advisory Inc. acquired a new position in Generac during the fourth quarter worth approximately $259,000. Institutional investors own 84.04% of the company’s stock.

Generac Price Performance

Generac stock opened at $262.13 on Friday. Generac Holdings Inc. has a 12 month low of $123.66 and a 12 month high of $294.18. The stock’s 50 day moving average is $243.76 and its 200-day moving average is $201.53. The company has a current ratio of 2.03, a quick ratio of 0.99 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $15.43 billion, a price-to-earnings ratio of 82.17, a PEG ratio of 2.41 and a beta of 1.93.

Generac (NYSE:GNRC) last posted its earnings results on Wednesday, April 29th. The technology company reported $1.80 EPS for the quarter, beating the consensus estimate of $1.33 by $0.47. Generac had a return on equity of 15.45% and a net margin of 4.37%.The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the business earned $1.26 earnings per share. The firm’s revenue for the quarter was up 12.5% on a year-over-year basis. Equities research analysts expect that Generac Holdings Inc. will post 8.91 EPS for the current year.

Insider Activity at Generac

In related news, insider Norman P. Taffe sold 550 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $272.26, for a total value of $149,743.00. Following the completion of the transaction, the insider owned 16,108 shares of the company’s stock, valued at $4,385,564.08. The trade was a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Aaron Jagdfeld sold 5,000 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $272.18, for a total value of $1,360,900.00. Following the completion of the transaction, the chief executive officer directly owned 564,528 shares of the company’s stock, valued at approximately $153,653,231.04. This trade represents a 0.88% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on GNRC shares. JPMorgan Chase & Co. boosted their price target on Generac from $229.00 to $267.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. TD Cowen boosted their price target on Generac from $255.00 to $285.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Jefferies Financial Group reissued a “buy” rating on shares of Generac in a research report on Wednesday, June 3rd. Raymond James Financial set a $302.00 price target on Generac in a research report on Friday, May 22nd. Finally, Wells Fargo & Company boosted their price target on Generac from $238.00 to $280.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $278.65.

Generac Profile

Generac Holdings Inc (NYSE: GNRC) is a leading manufacturer of backup power generation products for residential, commercial and industrial applications. The company offers a comprehensive portfolio of standby and portable generators, transfer switches and power management systems designed to provide reliable electricity during power outages and other critical situations. With an emphasis on innovation, Generac has expanded its offerings to include clean energy technologies such as battery storage and integrated solar-plus-storage systems.

Generac’s product lineup addresses a broad range of customer needs.