CW Advisors LLC Has $10.84 Million Position in Generac Holdings Inc. $GNRC

CW Advisors LLC increased its stake in Generac Holdings Inc. by 70.8% in Q2, owning 75,656 shares worth $10.84 million. Generac's stock has mixed analyst ratings, with a consensus price target of $191.06. The company reported Q3 earnings below expectations, with revenue down 5% year-over-year. CEO Aaron Jagdfeld sold 5,000 shares recently.

CW Advisors LLC raised its stake in shares of Generac Holdings Inc. (NYSE:GNRC - Free Report) by 70.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,656 shares of the technology company's stock after purchasing an additional 31,357 shares during the period. CW Advisors LLC owned 0.13% of Generac worth $10,835,000 as of its most recent SEC filing.

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A number of other institutional investors also recently modified their holdings of GNRC. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Generac by 81.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the technology company's stock worth $25,000 after buying an additional 77 shares during the period. Creative Capital Management Investments LLC lifted its position in 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 acquiring an additional 200 shares during the last quarter. Legend Financial Advisors Inc. acquired a new position in Generac during the 2nd quarter worth $36,000. Colonial Trust Advisors boosted its holdings in Generac by 357.1% during the first quarter. Colonial Trust Advisors now owns 320 shares of the technology company's stock valued at $41,000 after acquiring an additional 250 shares during the period. Finally, AdvisorShares Investments LLC acquired a new stake in shares of Generac in the second quarter valued at about $44,000. Institutional investors own 84.04% of the company's stock.

Generac Stock Up 2.6%

GNRC opened at $163.24 on Friday. The company has a market capitalization of $9.58 billion, a P/E ratio of 31.09, a P/E/G ratio of 1.59 and a beta of 1.82. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.18 and a quick ratio of 1.02. The firm's fifty day moving average price is $165.74 and its two-hundred day moving average price is $161.96. Generac Holdings Inc. has a fifty-two week low of $99.50 and a fifty-two week high of $203.25.

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Generac (NYSE:GNRC - Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The technology company reported $1.83 EPS for the quarter, missing analysts' consensus estimates of $2.25 by ($0.42). The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.20 billion. Generac had a return on equity of 17.63% and a net margin of 6.92%.Generac's revenue was down 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $2.25 earnings per share. On average, analysts anticipate that Generac Holdings Inc. will post 8 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on GNRC. Citigroup cut their price objective on Generac from $217.00 to $207.00 and set a "neutral" rating for the company in a research report on Monday, November 3rd. Guggenheim cut their price target on Generac from $210.00 to $202.00 and set a "buy" rating for the company in a report on Thursday, October 9th. Needham & Company LLC initiated coverage on Generac in a research report on Wednesday, October 22nd. They issued a "buy" rating and a $248.00 price objective for the company. Zacks Research downgraded shares of Generac from a "hold" rating to a "strong sell" rating in a research note on Friday, October 17th. Finally, UBS Group cut their target price on shares of Generac from $220.00 to $215.00 and set a "buy" rating for the company in a research note on Thursday, October 30th. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $191.06.

Generac: 5 Reasons to Buy This Stock Before Year's End

View Our Latest Stock Report on Generac

Insider Buying and Selling at Generac

In other news, CEO Aaron Jagdfeld sold 5,000 shares of the company's stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $166.43, for a total value of $832,150.00. Following the sale, the chief executive officer directly owned 542,966 shares in the company, valued at approximately $90,365,831.38. This represents a 0.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.70% of the company's stock.

Generac Profile

(Free Report)

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.

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