Generac (NYSE:GNRC – Free Report) had its target price increased by Barclays from $213.00 to $228.00 in a report released on Friday morning,Benzinga reports. Barclays currently has an equal weight rating on the technology company’s stock.
GNRC has been the topic of a number of other reports. Citigroup downgraded Generac from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $207.00 to $237.00 in a research report on Thursday, March 12th. UBS Group reaffirmed a “buy” rating and set a $270.00 price target on shares of Generac in a research note on Friday, February 13th. TD Cowen increased their price objective on shares of Generac from $220.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Stifel Nicolaus set a $235.00 target price on shares of Generac in a report on Thursday, February 12th. Finally, Jefferies Financial Group started coverage on shares of Generac in a report on Friday, March 20th. They issued a “hold” rating and a $222.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Generac presently has an average rating of “Moderate Buy” and an average target price of $228.47.
Read Our Latest Stock Analysis on Generac
Generac Trading Down 1.7%
Generac (NYSE:GNRC – Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The technology company reported $1.61 EPS for the quarter, missing the consensus estimate of $1.81 by ($0.20). Generac had a return on equity of 14.55% and a net margin of 3.79%.The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same period last year, the firm earned $2.80 EPS. Generac’s revenue was down 11.6% compared to the same quarter last year. On average, research analysts anticipate that Generac will post 8 EPS for the current fiscal year.
Insiders Place Their Bets
In other Generac news, CFO York A. Ragen sold 24,362 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $235.61, for a total value of $5,739,930.82. Following the completion of the transaction, the chief financial officer directly owned 137,182 shares in the company, valued at approximately $32,321,451.02. The trade was a 15.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.70% of the company’s stock.
Institutional Investors Weigh In On Generac
Hedge funds and other institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd acquired a new stake in Generac in the 3rd quarter worth about $26,000. Sentry Investment Management LLC lifted its holdings in shares of Generac by 69.8% during the 3rd quarter. Sentry Investment Management LLC now owns 163 shares of the technology company’s stock worth $28,000 after acquiring an additional 67 shares during the period. First Horizon Corp acquired a new stake in shares of Generac in the third quarter worth approximately $28,000. MUFG Securities EMEA plc acquired a new stake in shares of Generac in the second quarter worth approximately $25,000. Finally, Quent Capital LLC purchased a new stake in Generac in the third quarter valued at approximately $41,000. Hedge funds and other institutional investors own 84.04% of the company’s stock.
Key Generac News
Here are the key news stories impacting Generac this week:
- Positive Sentiment: Needham reaffirmed its “buy” rating and kept a $277 price target, signaling conviction in Generac’s longer‑term growth trajectory. Needham Reaffirms Buy
- Positive Sentiment: Wells Fargo raised its price target from $234 to $238 and moved to an “overweight” stance, backing upside tied to data‑center momentum. Wells Fargo Raises PT
- Positive Sentiment: Barclays lifted its target to $228 and kept an “equal weight” rating, reflecting constructive but measured expectations. Barclays Raises PT
- Neutral Sentiment: Bank of America trimmed its target from $260 to $248 but maintained a “buy” view — a modest downgrade of optimism but still bullish. BofA Lowers PT
- Neutral Sentiment: Q4 sector rundowns compare Generac to renewable peers as earnings season closes — useful context on relative performance but not a single catalyst. Q4 Rundown
- Neutral Sentiment: Market pieces note GNRC has rallied ~51% over three months, flagging valuation and limited near‑term upside even as fundamentals improve. 51% Surge Article
- Negative Sentiment: Shares fell after investor day failed to produce a confirmed hyperscaler/data‑center contract, disappointing investors hoping for concrete hyperscaler deals. Investor Day Disappointment
Generac Company 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.
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