10,583 Shares in Generac Holdings Inc. (NYSE:GNRC) Acquired by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. acquired a new position in shares of Generac Holdings Inc. (NYSE:GNRC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,583 shares of the technology company's stock, valued at approximately $1,640,000.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Generac during the 4th quarter worth about $90,913,000. Boston Partners increased its position in shares of Generac by 39.0% in the fourth quarter. Boston Partners now owns 1,903,297 shares of the technology company's stock valued at $295,123,000 after buying an additional 533,612 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Generac by 81.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,042,785 shares of the technology company's stock worth $161,684,000 after buying an additional 469,575 shares during the period. Jennison Associates LLC lifted its position in shares of Generac by 133.6% during the 4th quarter. Jennison Associates LLC now owns 672,213 shares of the technology company's stock valued at $104,227,000 after buying an additional 384,434 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Generac in the 4th quarter worth $46,785,000. 84.04% of the stock is owned by hedge funds and other institutional investors.

Generac Stock Up 3.4 %

Shares of GNRC stock traded up $3.69 during trading on Thursday, reaching $113.75. The company's stock had a trading volume of 456,723 shares, compared to its average volume of 881,360. The company has a market capitalization of $6.78 billion, a price-to-earnings ratio of 21.07, a P/E/G ratio of 1.44 and a beta of 1.58. Generac Holdings Inc. has a 1-year low of $99.50 and a 1-year high of $195.94. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.97 and a quick ratio of 0.97. The stock's 50-day moving average price is $125.90 and its 200 day moving average price is $152.57.

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

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on GNRC shares. Stifel Nicolaus decreased their price target on shares of Generac from $210.00 to $200.00 and set a "buy" rating on the stock in a research note on Thursday, February 13th. Citigroup raised Generac from a "neutral" rating to a "buy" rating and lowered their price target for the stock from $162.00 to $138.00 in a research note on Thursday, April 17th. Guggenheim raised Generac from a "sell" rating to a "neutral" rating in a research note on Monday, March 17th. Wells Fargo & Company lowered their target price on shares of Generac from $175.00 to $165.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 13th. Finally, The Goldman Sachs Group dropped their target price on shares of Generac from $193.00 to $168.00 and set a "buy" rating for the company in a report on Thursday, February 13th. Nine analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $173.40.

Insider Transactions at Generac

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The shares were 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 legal filing with the SEC, which is available at this link. Corporate insiders own 2.90% of the company's stock.

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.