First Nebraska Trust Co Acquires Shares of 36,855 Generac Holdings Inc. $GNRC

First Nebraska Trust Co acquired a new stake in Generac Holdings Inc. (NYSE:GNRC) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 36,855 shares of the technology company’s stock, valued at approximately $7,199,000.

A number of other hedge funds have also modified their holdings of the business. Nicollet Investment Management Inc. increased its holdings in shares of Generac by 0.7% in 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 during the period. Root Financial Partners LLC boosted its stake in Generac by 32.9% during the 1st quarter. Root Financial Partners LLC now owns 218 shares of the technology company’s stock worth $43,000 after purchasing an additional 54 shares during the period. Gen Wealth Partners Inc boosted its stake in Generac by 8.7% during the 4th quarter. Gen Wealth Partners Inc now owns 675 shares of the technology company’s stock worth $92,000 after purchasing an additional 54 shares during the period. Meridian Financial Partners LLC grew its position in Generac by 0.6% during the 4th quarter. Meridian Financial Partners LLC now owns 10,056 shares of the technology company’s stock worth $1,371,000 after purchasing an additional 61 shares during the last quarter. Finally, 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 last quarter. 84.04% of the stock is currently owned by hedge funds and other institutional investors.

Generac Stock Performance

Shares of GNRC opened at $197.00 on Friday. The stock has a market capitalization of $11.60 billion, a P/E ratio of 45.39, a P/E/G 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 1 year low of $134.80 and a 1 year high of $296.44. The company’s fifty day moving average is $250.60 and its two-hundred day moving average is $224.37.

Generac (NYSE:GNRC) last released its earnings results on Wednesday, July 29th. The technology company reported $2.91 EPS for the quarter, topping the consensus estimate of $2.01 by $0.90. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Generac had a net margin of 5.82% and a return on equity of 17.83%. The business’s revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the business earned $1.65 EPS. On average, sell-side analysts predict that Generac Holdings Inc. will post 9.32 earnings per share for the current year.

Insider Activity

In related news, CEO Aaron Jagdfeld sold 5,000 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 564,528 shares of the company’s stock, valued at $153,653,231.04. This represents a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Norman P. Taffe sold 550 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $256.00, for a total transaction of $140,800.00. Following the completion of the sale, the insider owned 15,808 shares of the company’s stock, valued at approximately $4,046,848. The trade was a 3.36% decrease in their position. 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 have sold 6,100 shares of company stock valued at $1,651,443 over the last three months. 2.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

GNRC has been the subject of a number of research reports. Stephens reaffirmed an “overweight” rating and issued a $290.00 target price on shares of Generac in a report on Thursday, May 21st. Raymond James Financial set a $302.00 price target on Generac in a report on Friday, May 22nd. JPMorgan Chase & Co. boosted their price target on Generac from $229.00 to $267.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Wells Fargo & Company upped their price objective on Generac from $238.00 to $280.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, Stifel Nicolaus increased their price objective on Generac from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Thursday. One research analyst has 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $284.58.

Generac News Roundup

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Generac reported second-quarter adjusted earnings of $2.91 per share, well above the $2.01 analyst consensus. Revenue reached approximately $1.17 billion, up 10.3% year over year, while management reaffirmed its 2026 outlook. Generac beats earnings estimates on data center demand
• Positive Sentiment: Demand from data centers is becoming a major growth driver. Generac’s data-center backlog has reached $1.6 billion, hyperscaler contracts are expanding, and commercial and industrial revenue grew 29%, helping offset softer residential demand. Generac’s AI Power Story Is Becoming Bigger Than the Weather
• Positive Sentiment: Analyst support remains favorable. Cantor Fitzgerald raised its price target to $333 and maintained an Overweight rating, while Canaccord Genuity kept a Buy rating despite lowering its target to $275. Analyst price target updates
• Positive Sentiment: Zacks said GNRC is technically oversold after a four-week decline, potentially indicating that heavy selling has eased. Higher earnings estimates from Wall Street analysts could support a near-term turnaround. Generac looks ripe for a turnaround
• Neutral Sentiment: Guggenheim issued a Hold rating, underscoring that Wall Street remains divided on valuation and the pace at which data-center growth can offset weaker residential conditions. Guggenheim issues a Hold rating
• Negative Sentiment: Canaccord’s target reduction from $325 to $275 reflects continued concerns about valuation, cyclical residential demand and execution risk, even though the firm still views the shares as a Buy.

Generac Company 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.