Generac Holdings Inc. $GNRC Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company cut its stake in shares of Generac Holdings Inc. (NYSE:GNRC) by 15.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 230,894 shares of the technology company’s stock after selling 40,699 shares during the period. The Manufacturers Life Insurance Company’s holdings in Generac were worth $45,101,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Invesco Ltd. boosted its holdings in Generac by 49.9% in the fourth quarter. Invesco Ltd. now owns 2,423,971 shares of the technology company’s stock valued at $330,557,000 after acquiring an additional 806,430 shares during the last quarter. State Street Corp increased its stake in Generac by 2.1% during the second quarter. State Street Corp now owns 2,189,927 shares of the technology company’s stock worth $313,619,000 after acquiring an additional 45,592 shares during the last quarter. Boston Partners raised its holdings in shares of Generac by 7.1% in the 3rd quarter. Boston Partners now owns 1,947,332 shares of the technology company’s stock worth $326,003,000 after purchasing an additional 128,439 shares during the period. Geode Capital Management LLC raised its holdings in shares of Generac by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 1,490,876 shares of the technology company’s stock worth $202,943,000 after purchasing an additional 6,332 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Generac by 20.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,104,362 shares of the technology company’s stock valued at $184,870,000 after purchasing an additional 189,457 shares in the last quarter. 84.04% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Generac

In other news, insider Norman P. Taffe sold 550 shares of the company’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $256.00, for a total value of $140,800.00. Following the completion of the transaction, the insider directly owned 15,808 shares in the company, valued at approximately $4,046,848. This represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $272.18, for a total transaction of $1,360,900.00. Following the sale, the chief executive officer directly owned 564,528 shares of the company’s stock, valued at approximately $153,653,231.04. The trade was a 0.88% 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 sold 6,100 shares of company stock valued at $1,651,443 over the last 90 days. Insiders own 2.40% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating on shares of Generac in a report on Wednesday, June 3rd. UBS Group lifted their price target on shares of Generac from $305.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. Cantor Fitzgerald boosted their price objective on shares of Generac from $325.00 to $333.00 and gave the stock an “overweight” rating in a research note on Thursday. Raymond James Financial set a $302.00 price objective on shares of Generac in a research report on Friday, May 22nd. Finally, Stephens reissued an “overweight” rating and issued a $290.00 target price on shares of Generac in a research note on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Generac presently has a consensus rating of “Moderate Buy” and an average target price of $284.58.

Generac Stock Performance

Generac stock opened at $192.29 on Friday. The stock’s 50 day moving average price is $252.07 and its 200 day moving average price is $224.57. The firm has a market capitalization of $11.32 billion, a PE ratio of 44.31, a price-to-earnings-growth ratio of 1.83 and a beta of 1.89. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.99 and a current ratio of 2.04. Generac Holdings Inc. has a one year low of $134.80 and a one year high of $296.44.

Generac (NYSE:GNRC) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.90. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.18 billion. Generac had a net margin of 5.82% and a return on equity of 17.83%. Generac’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the company earned $1.65 earnings per share. As a group, sell-side analysts expect that Generac Holdings Inc. will post 8.91 EPS for the current fiscal year.

Key Generac News

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Generac reported second-quarter adjusted EPS of $2.91, well above the roughly $2.01 consensus estimate and up from $1.65 a year earlier. Revenue increased 10.3% year over year to $1.17 billion. Generac Reports Second Quarter 2026 Results
• Positive Sentiment: Demand from commercial and industrial customers, particularly artificial-intelligence data centers, remains the key catalyst. Generac said its data-center backlog reached approximately $1.6 billion, while expanding capacity and hyperscaler supply agreements provide visibility into significant 2027 growth. Generac Q2 Earnings Call Highlights Data Center Expansion
• Positive Sentiment: Management reaffirmed its 2026 revenue outlook and raised commercial and industrial growth expectations to the low-30% range. Cantor Fitzgerald also raised its price target to $333 and maintained an Overweight rating. Cantor Fitzgerald price target report
• Neutral Sentiment: Guggenheim initiated or reiterated a Hold rating, while Canaccord Genuity lowered its price target from $325 to $275 but retained a Buy rating. The mixed recommendations suggest analysts remain positive on the long-term opportunity but cautious about execution and valuation.
• Negative Sentiment: Quarterly revenue fell slightly short of estimates, residential sales declined 2% amid soft housing, solar and storage conditions, and weak outage activity. In addition, part of the earnings beat came from a $71 million tariff refund, raising questions about the sustainability of the quarter’s unusually strong margins. Generac misses Q2 sales expectations

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.