Generac’s (GNRC) “Overweight” Rating Reiterated at Stephens

Stephens restated their overweight rating on shares of Generac (NYSE:GNRC) in a research report released on Thursday morning,Benzinga reports. They currently have a $335.00 target price on the technology company’s stock.

Several other brokerages have also commented on GNRC. TD Cowen reissued a “buy” rating on shares of Generac in a research report on Monday, July 20th. Canaccord Genuity Group lifted their target price on Generac from $275.00 to $375.00 and gave the stock a “buy” rating in a report on Thursday. Raymond James Financial set a $302.00 target price on shares of Generac in a research report on Friday, May 22nd. Robert W. Baird set a $305.00 price objective on shares of Generac in a research note on Thursday, July 30th. Finally, Barclays lowered their target price on Generac from $285.00 to $278.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $295.40.

Generac Stock Performance

Generac stock opened at $208.18 on Thursday. Generac has a 1-year low of $134.80 and a 1-year high of $296.44. The company has a current ratio of 2.04, a quick ratio of 1.00 and a debt-to-equity ratio of 0.43. The firm has a 50-day moving average of $202.55 and a 200-day moving average of $226.45. The firm has a market cap of $12.28 billion, a P/E ratio of 47.97, a P/E/G ratio of 1.77 and a beta of 1.91.

Generac (NYSE:GNRC) last posted its earnings results 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 firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Generac had a return on equity of 17.83% and a net margin of 5.82%.The business’s revenue was up 10.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.65 earnings per share. Sell-side analysts expect that Generac will post 9.74 EPS for the current year.

Insider Buying and Selling at Generac

In other Generac news, insider Norman Taffe sold 550 shares of Generac stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $218.83, for a total value of $120,356.50. Following the sale, the insider owned 15,508 shares of the company’s stock, valued at $3,393,615.64. The trade was a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Raabe sold 603 shares of the business’s stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $229.50, for a total transaction of $138,388.50. Following the completion of the sale, the insider owned 10,356 shares in the company, valued at approximately $2,376,702. This trade represents a 5.50% 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 12,839 shares of company stock worth $2,519,973 in the last quarter. 2.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nicollet Investment Management Inc. boosted its position in Generac by 0.7% during the 4th quarter. Nicollet Investment Management Inc. now owns 7,734 shares of the technology company’s stock valued at $1,055,000 after acquiring an additional 50 shares in the last quarter. Root Financial Partners LLC boosted its position in Generac by 32.9% in the first quarter. Root Financial Partners LLC now owns 218 shares of the technology company’s stock valued at $43,000 after buying an additional 54 shares during the last quarter. Essential Partners LLC grew its position in Generac by 57.0% during the 1st quarter. Essential Partners LLC now owns 168 shares of the technology company’s stock worth $33,000 after purchasing an additional 61 shares during the period. Oarsman Capital Inc. increased its holdings in shares of Generac by 4.3% during the 2nd quarter. Oarsman Capital Inc. now owns 1,492 shares of the technology company’s stock valued at $437,000 after purchasing an additional 61 shares in the last quarter. Finally, Arizona State Retirement System increased its stake in shares of Generac by 0.4% in the 2nd quarter. Arizona State Retirement System now owns 16,190 shares of the technology company’s stock valued at $4,741,000 after purchasing an additional 64 shares in the last quarter. 84.04% of the stock is currently owned by institutional investors.

Trending Headlines about Generac

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Generac signed a long-term agreement to supply backup generators for Amazon Web Services data centers. Initial deliveries are expected to total approximately $2.4 billion in 2027 and 2028, while the broader agreement could reach $8 billion through 2033. The contract gives Generac greater revenue visibility and expands its position in the rapidly growing data-center power market. Reuters article
• Positive Sentiment: The Amazon relationship could diversify Generac beyond seasonal residential generator demand. Analysts view the deal as evidence that the company can benefit from the power shortages and grid-connection delays affecting AI and hyperscale data-center construction. Amazon also received warrants to purchase up to roughly 1.69 million Generac shares, aligning its interests with the supplier. Generac Amazon deal article
• Positive Sentiment: Wall Street became more bullish following the announcement. JPMorgan raised its price target to $265 while maintaining an overweight rating; Canaccord lifted its target to $375 and kept a buy rating; and Stephens reaffirmed its overweight rating with a $335 target. A Seeking Alpha analysis also upgraded Generac to buy, citing a $1.6 billion data-center backlog and potential multi-year AI-related growth. Seeking Alpha analysis
• Neutral Sentiment: Two insiders, Kyle Raabe and Norman Taffe, sold shares worth approximately $138,000 and $34,000, respectively. Both transactions were executed under pre-arranged Rule 10b5-1 trading plans, and the executives retained substantial holdings, reducing the significance of the sales as a bearish signal. Investors should nevertheless monitor potential dilution from Amazon’s warrants and execution risks as Generac expands production.

About Generac

Generac Holdings Inc is an energy technology company that designs and manufactures power generation and energy management products. Its portfolio includes residential standby generators, portable generators, commercial and industrial generator systems, and related transfer switches, controls and monitoring technologies.

The company also offers clean energy and electrification solutions, including battery energy storage systems, solar-related products, electric vehicle chargers and load-management technologies.