Epoch Investment Partners Inc. Buys Shares of 7,590 Generac Holdings Inc. (NYSE:GNRC)

Epoch Investment Partners Inc. acquired a new stake in Generac Holdings Inc. (NYSE:GNRC - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,590 shares of the technology company's stock, valued at approximately $1,177,000.

A number of other large investors have also made changes to their positions in GNRC. Barclays PLC lifted its position in Generac by 41.4% during the third quarter. Barclays PLC now owns 185,193 shares of the technology company's stock worth $29,425,000 after buying an additional 54,202 shares during the period. Diamant Asset Management Inc. grew its holdings in Generac by 11.7% in the third quarter. Diamant Asset Management Inc. now owns 3,810 shares of the technology company's stock valued at $605,000 after purchasing an additional 400 shares during the period. Morse Asset Management Inc increased its position in Generac by 2.4% during the third quarter. Morse Asset Management Inc now owns 6,084 shares of the technology company's stock worth $967,000 after purchasing an additional 145 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Generac during the 3rd quarter worth $51,000. Finally, Synovus Financial Corp acquired a new position in Generac in the third quarter valued at $300,000. Institutional investors and hedge funds own 84.04% of the company's stock.

Generac Stock Performance

GNRC traded down $0.84 during trading hours on Friday, hitting $112.97. 551,930 shares of the stock were exchanged, compared to its average volume of 868,582. The stock has a market cap of $6.73 billion, a price-to-earnings ratio of 20.92, a price-to-earnings-growth ratio of 1.44 and a beta of 1.58. The stock has a 50-day simple moving average of $124.62 and a 200-day simple moving average of $151.76. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.97 and a quick ratio of 0.97. Generac Holdings Inc. has a 12 month low of $99.50 and a 12 month high of $195.94.

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GNRC. Robert W. Baird reduced their price objective on Generac from $172.00 to $171.00 and set a "neutral" rating on the stock in a research note on Thursday, February 13th. Stifel Nicolaus reduced their target price on shares of Generac from $210.00 to $200.00 and set a "buy" rating on the stock in a report on Thursday, February 13th. Guggenheim raised Generac from a "sell" rating to a "neutral" rating in a research report on Monday, March 17th. Piper Sandler reduced their price objective on Generac from $175.00 to $155.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, UBS Group increased their target price on Generac from $200.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Nine investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $173.40.

Insider Buying and Selling at Generac

In related news, CEO Aaron Jagdfeld sold 5,000 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $145.15, for a total transaction of $725,750.00. Following the completion of the transaction, the chief executive officer now owns 565,825 shares in the company, valued at $82,129,498.75. The trade was a 0.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.90% of the stock is currently owned by insiders.

Generac Profile

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.