Generac Holdings Inc. $GNRC Shares Sold by Kessler Investment Group LLC

Kessler Investment Group LLC trimmed its holdings in shares of Generac Holdings Inc. (NYSE:GNRC) by 95.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 2,298 shares of the technology company’s stock after selling 47,587 shares during the period. Kessler Investment Group LLC’s holdings in Generac were worth $476,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in GNRC. BlackRock Inc. acquired a new position in Generac in the second quarter worth about $1,170,960,000. Arrowstreet Capital Limited Partnership boosted its holdings in Generac by 9.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,038,493 shares of the technology company’s stock valued at $202,849,000 after purchasing an additional 86,863 shares in the last quarter. Bank of America Corp DE boosted its holdings in Generac by 19.7% during the first quarter. Bank of America Corp DE now owns 742,576 shares of the technology company’s stock valued at $145,047,000 after purchasing an additional 122,101 shares in the last quarter. Diamant Asset Management Inc. grew its stake in shares of Generac by 19,433.0% in the 1st quarter. Diamant Asset Management Inc. now owns 666,075 shares of the technology company’s stock valued at $130,104,000 after purchasing an additional 662,665 shares during the period. Finally, Park Presidio Capital LLC bought a new stake in shares of Generac in the 2nd quarter valued at approximately $158,140,000. Institutional investors own 84.04% of the company’s stock.

Insider Transactions at Generac

In other news, CEO Aaron Jagdfeld sold 5,000 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $206.00, for a total value of $1,030,000.00. Following the completion of the sale, the chief executive officer directly owned 544,528 shares in the company, valued at approximately $112,172,768. This trade represents a 0.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Raabe sold 603 shares of Generac stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $212.57, for a total value of $128,179.71. Following the completion of the transaction, the insider directly owned 9,966 shares of the company’s stock, valued at $2,118,472.62. This represents a 5.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 18,442 shares of company stock worth $3,656,537. Insiders own 2.40% of the company’s stock.

Key Headlines Impacting Generac

Here are the key news stories impacting Generac this week:

• Positive Sentiment: KeyBanc upgraded Generac to “overweight” from “sector weight” and established a $280 price target, signaling greater confidence in the company’s growth prospects. KeyBanc upgrades Generac
• Positive Sentiment: Piper Sandler initiated coverage with an “overweight” rating, adding another bullish analyst view. The broader analyst consensus remains “Moderate Buy,” with an average price target near $290. Bullish Generac analyst initiation
• Positive Sentiment: Commercial and industrial demand is strengthening, with data-center-driven sales growth reportedly reaching 29%. Investors are also focused on a major Amazon-related opportunity and the possibility that Generac will again exceed quarterly earnings expectations. Generac commercial and industrial momentum Generac earnings expectations
• Neutral Sentiment: Several insiders sold shares under pre-arranged Rule 10b5-1 plans. Kyle Raabe sold 603 shares for approximately $128,180, while Norman Taffe sold 550 shares across two transactions for approximately $119,184. The sales reduce their holdings but were relatively small compared with their remaining positions and may have limited fundamental significance. Generac insider selling
• Negative Sentiment: Risks include weaker residential demand, tariff uncertainty and possible margin pressure as Generac shifts toward commercial customers. After a substantial year-to-date rally, the stock’s elevated earnings multiple also increases the risk of a pullback if growth or guidance disappoints. Generac valuation and business risks

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on GNRC shares. KeyCorp raised Generac from a “sector weight” rating to an “overweight” rating and set a $280.00 target price for the company in a report on Thursday. Robert W. Baird set a $305.00 price target on Generac in a research report on Thursday, July 30th. Jefferies Financial Group reiterated a “buy” rating on shares of Generac in a research note on Thursday, September 17th. Barclays cut their price objective on Generac from $285.00 to $278.00 and set an “equal weight” rating for the company in a report on Thursday, July 30th. Finally, DA Davidson set a $333.00 target price on shares of Generac in a research note on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $290.55.

Generac Price Performance

Shares of NYSE:GNRC traded down $3.07 during trading on Thursday, reaching $218.27. The stock had a trading volume of 868,418 shares, compared to its average volume of 1,086,125. The stock has a market capitalization of $12.88 billion, a PE ratio of 50.47, a P/E/G ratio of 1.90 and a beta of 1.91. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.04 and a quick ratio of 1.00. Generac Holdings Inc. has a 52 week low of $134.80 and a 52 week high of $296.44. The business’s 50-day moving average price is $202.10 and its 200 day moving average price is $226.57.

Generac (NYSE:GNRC) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.91 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.90. Generac had a return on equity of 17.83% and a net margin of 5.82%.The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same period in the prior year, the company earned $1.65 EPS. Generac’s revenue for the quarter was up 10.3% on a year-over-year basis. As a group, equities analysts predict that Generac Holdings Inc. will post 9.82 earnings per share for the current year.

About Generac

Generac Holdings Inc is an energy technology company that designs and manufactures power generation equipment, energy storage systems and other products intended to provide backup and distributed energy solutions. Its offerings serve residential, commercial, industrial and other users seeking standby power, portable power or greater control over energy use.

The company’s product portfolio includes home standby generators, portable generators, commercial and industrial generators, mobile power equipment, engines and related transfer switches and controls.