7,590 Shares in Generac Holdings Inc. (NYSE:GNRC) Acquired by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. purchased a new stake in shares of Generac Holdings Inc. (NYSE:GNRC) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 7,590 shares of the technology company’s stock, valued at approximately $1,177,000.

Several other institutional investors also recently bought and sold shares of the business. Hurley Capital LLC purchased a new position in shares of Generac in the 4th quarter valued at $26,000. Modus Advisors LLC purchased a new stake in shares of Generac in the fourth quarter worth about $27,000. Cranbrook Wealth Management LLC acquired a new stake in shares of Generac in the fourth quarter valued at about $28,000. Versant Capital Management Inc raised its holdings in shares of Generac by 391.9% during the 4th quarter. Versant Capital Management Inc now owns 182 shares of the technology company’s stock valued at $28,000 after buying an additional 145 shares during the period. Finally, Bank of Jackson Hole Trust acquired a new position in Generac during the 4th quarter worth approximately $31,000. 84.04% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Generac

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $145.15, for a total transaction of $725,750.00. Following the sale, the chief executive officer now directly owns 565,825 shares in the company, valued at approximately $82,129,498.75. The trade was a 0.88 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.90% of the company’s stock.

Wall Street Analysts Forecast Growth

GNRC has been the topic of a number of analyst reports. The Goldman Sachs Group dropped their price objective on shares of Generac from $193.00 to $168.00 and set a “buy” rating on the stock in a research note on Thursday, February 13th. Bank of America started coverage on Generac in a research report on Monday, March 24th. They set a “buy” rating and a $182.00 target price on the stock. Wells Fargo & Company cut their price target on shares of Generac from $175.00 to $165.00 and set an “equal weight” rating on the stock in a report on Thursday, February 13th. Citigroup raised shares of Generac from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $162.00 to $138.00 in a report on Thursday. Finally, Stifel Nicolaus cut their target price on shares of Generac from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Thursday, February 13th. Nine equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Generac currently has an average rating of “Moderate Buy” and an average price target of $173.40.

Generac Trading Up 0.8 %

Shares of NYSE:GNRC opened at $111.59 on Monday. Generac Holdings Inc. has a fifty-two week low of $99.50 and a fifty-two week high of $195.94. The company has a quick ratio of 0.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.48. The company has a market cap of $6.65 billion, a PE ratio of 20.66, a P/E/G ratio of 1.44 and a beta of 1.58. The company’s 50-day moving average price is $128.27 and its 200 day moving average price is $153.54.

Generac (NYSE:GNRC) last released its quarterly earnings results on Wednesday, February 12th. The technology company reported $2.80 earnings per share for the quarter, beating analysts’ consensus estimates of $2.49 by $0.31. Generac had a return on equity of 18.17% and a net margin of 7.36%. Sell-side analysts anticipate that Generac Holdings Inc. will post 8 earnings per share for the current year.

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.