Hunter Perkins Capital Management LLC Has $625,000 Stake in Generac Holdings Inc. $GNRC

Hunter Perkins Capital Management LLC trimmed its position in Generac Holdings Inc. (NYSE:GNRC) by 9.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,365 shares of the technology company’s stock after selling 470 shares during the period. Hunter Perkins Capital Management LLC’s holdings in Generac were worth $625,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB increased its stake in Generac by 81.1% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the technology company’s stock valued at $25,000 after buying an additional 77 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Generac during the 1st quarter worth approximately $28,000. Creative Capital Management Investments LLC raised its stake in shares of Generac by 740.7% during the 2nd quarter. Creative Capital Management Investments LLC now owns 227 shares of the technology company’s stock worth $33,000 after purchasing an additional 200 shares in the last quarter. Legend Financial Advisors Inc. acquired a new stake in shares of Generac in the 2nd quarter valued at approximately $36,000. Finally, Private Trust Co. NA grew its stake in shares of Generac by 42.9% in the first quarter. Private Trust Co. NA now owns 300 shares of the technology company’s stock valued at $38,000 after buying an additional 90 shares in the last quarter. Institutional investors and hedge funds own 84.04% of the company’s stock.

Insider Transactions at Generac

In related news, CEO Aaron Jagdfeld sold 5,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $167.42, for a total transaction of $837,100.00. Following the completion of the transaction, the chief executive officer directly owned 547,966 shares of the company’s stock, valued at $91,740,467.72. This trade represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.70% of the company’s stock.

Generac Trading Down 2.4%

Shares of Generac stock opened at $165.84 on Monday. The company has a quick ratio of 0.88, a current ratio of 2.00 and a debt-to-equity ratio of 0.50. Generac Holdings Inc. has a 12-month low of $99.50 and a 12-month high of $203.25. The company has a market capitalization of $9.73 billion, a price-to-earnings ratio of 27.55, a PEG ratio of 1.32 and a beta of 1.64. The firm’s 50-day moving average price is $183.82 and its two-hundred day moving average price is $147.71.

Generac (NYSE:GNRC) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.32. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.03 billion. Generac had a return on equity of 19.14% and a net margin of 7.91%.Generac’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.35 EPS. Generac has set its FY 2025 guidance at EPS. On average, analysts forecast that Generac Holdings Inc. will post 8 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on GNRC. Citigroup reissued a “neutral” rating and issued a $219.00 price objective (up previously from $138.00) on shares of Generac in a research report on Tuesday, August 26th. Barclays set a $200.00 price target on Generac and gave the stock an “equal weight” rating in a research report on Wednesday, July 30th. Wall Street Zen lowered Generac from a “buy” rating to a “hold” rating in a research note on Sunday, September 28th. JPMorgan Chase & Co. boosted their target price on Generac from $165.00 to $180.00 and gave the stock a “neutral” rating in a report on Friday, September 19th. Finally, Canaccord Genuity Group dropped their price target on Generac from $250.00 to $240.00 and set a “buy” rating on the stock in a research note on Thursday, September 25th. Twelve equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $184.11.

About Generac

Generac Holdings Inc designs, manufactures, and distributes various energy technology products and solution worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine residential standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; residential storage solution, which consists of a system of batteries, an inverter, photovoltaic optimizers, power electronic controls, and other components; smart home solutions, such as smart thermostats and a suite of home monitoring products.