Generac (NYSE:GNRC) Now Covered by Piper Sandler

Stock analysts at Piper Sandler started coverage on shares of Generac (NYSE:GNRC) in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm set an “overweight” rating and a $303.00 price target on the technology company’s stock. Piper Sandler’s price objective would suggest a potential upside of 35.05% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. Robert W. Baird set a $305.00 target price on shares of Generac in a report on Thursday, July 30th. JPMorgan Chase & Co. upped their price target on shares of Generac from $261.00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, September 18th. Needham & Company LLC reiterated a “buy” rating and set a $283.00 price objective on shares of Generac in a research note on Thursday, September 17th. Canaccord Genuity Group lifted their price objective on shares of Generac from $275.00 to $375.00 and gave the company a “buy” rating in a report on Thursday, September 17th. Finally, Weiss Ratings raised shares of Generac from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Generac presently has an average rating of “Moderate Buy” and an average target price of $290.55.

Generac Price Performance

Shares of GNRC opened at $224.36 on Thursday. The firm has a 50 day moving average of $202.75 and a 200 day moving average of $226.75. The company has a quick ratio of 1.00, a current ratio of 2.04 and a debt-to-equity ratio of 0.43. Generac has a twelve month low of $134.80 and a twelve month high of $296.44. The company has a market capitalization of $13.24 billion, a P/E ratio of 51.70, a price-to-earnings-growth ratio of 1.90 and a beta of 1.91.

Generac (NYSE:GNRC) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.90. Generac had a net margin of 5.82% and a return on equity of 17.83%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter last year, the firm posted $1.65 EPS. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Generac will post 9.73 earnings per share for the current fiscal year.

Insider Transactions at Generac

In other Generac news, insider Kyle Raabe sold 603 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider directly owned 9,966 shares in the company, valued at $2,118,472.62. This trade represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Norman P. Taffe sold 550 shares of Generac stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $218.83, for a total transaction of $120,356.50. Following the completion of the transaction, the insider directly owned 15,508 shares in the company, valued at $3,393,615.64. This represents a 3.43% 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. Insiders have sold a total of 18,442 shares of company stock valued at $3,656,537 in the last 90 days. Insiders own 2.40% of the company’s stock.

Institutional Trading of Generac

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Generac in the 2nd quarter worth $1,170,960,000. Arrowstreet Capital Limited Partnership raised its stake in Generac by 9.1% in 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 buying an additional 86,863 shares during the last quarter. Bank of America Corp DE purchased a new stake in Generac in the second quarter valued at about $175,942,000. Park Presidio Capital LLC acquired a new stake in Generac in the second quarter worth about $158,140,000. Finally, Amundi boosted its holdings in Generac by 5.0% in the second quarter. Amundi now owns 454,516 shares of the technology company’s stock worth $133,087,000 after acquiring an additional 21,500 shares in the last quarter. Hedge funds and other institutional investors own 84.04% of the company’s stock.

Key Stories Impacting Generac

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Piper Sandler upgraded Generac to “strong buy” and established a $303 price target, citing improving demand and the company’s data-center backlog. The target implies substantial upside from recent trading levels. GNRC Pops on Piper’s $303 Call, Data-Center Backlog
• Positive Sentiment: KeyBanc upgraded GNRC to “overweight” and set a $280 price objective. The firm projects $2.46 in third-quarter 2026 EPS, $2.68 in fourth-quarter EPS and $13.90 in fiscal 2027 EPS, well above the current-year consensus estimate of $9.73. KeyBanc Upgrades Generac Holdings
• Positive Sentiment: Data-center expansion is strengthening Generac’s commercial and industrial outlook. Analysts point to rising power demand from artificial-intelligence infrastructure, including potential business tied to Amazon, while the segment has reported strong sales growth. Generac Shares Rise as Analysts See Data-Center Growth
• Neutral Sentiment: Insiders sold shares under pre-arranged Rule 10b5-1 trading plans. Norman Taffe sold 550 shares across two transactions, while Kyle Andrew Raabe sold 603 shares. The transactions are relatively small compared with their remaining holdings and may have limited fundamental significance. Generac Insider Selling
• Negative Sentiment: Valuation remains a risk. GNRC trades at roughly 52 times earnings after a significant rally, leaving the stock vulnerable if residential demand, tariffs, margins or execution disappoint. Generac Stock May Be Undervalued on Cash Flow

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.