Kohmann Bosshard Financial Services LLC Takes Position in Generac Holdings Inc. (NYSE:GNRC)

Kohmann Bosshard Financial Services LLC purchased a new stake in Generac Holdings Inc. (NYSE:GNRC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 450 shares of the technology company’s stock, valued at approximately $70,000.

Other large investors also recently bought and sold shares of the company. Empirical Finance LLC increased its position in shares of Generac by 4.1% in the third quarter. Empirical Finance LLC now owns 1,689 shares of the technology company’s stock valued at $268,000 after buying an additional 66 shares in the last quarter. Allworth Financial LP increased its holdings in Generac by 3.0% in the 4th quarter. Allworth Financial LP now owns 2,738 shares of the technology company’s stock worth $435,000 after acquiring an additional 80 shares in the last quarter. Nicollet Investment Management Inc. raised its position in Generac by 1.1% during the third quarter. Nicollet Investment Management Inc. now owns 7,866 shares of the technology company’s stock worth $1,250,000 after acquiring an additional 82 shares during the period. Venturi Wealth Management LLC lifted its holdings in Generac by 42.0% during the fourth quarter. Venturi Wealth Management LLC now owns 284 shares of the technology company’s stock valued at $44,000 after purchasing an additional 84 shares in the last quarter. Finally, Cornerstone Wealth Management LLC grew its position in shares of Generac by 6.3% in the fourth quarter. Cornerstone Wealth Management LLC now owns 1,518 shares of the technology company’s stock valued at $235,000 after purchasing an additional 90 shares during the period. Institutional investors and hedge funds own 84.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Wells Fargo & Company reduced their price target on shares of Generac from $175.00 to $165.00 and set an “equal weight” rating for the company in a research report on Thursday, February 13th. Barclays started coverage on Generac in a research report on Wednesday, December 4th. They issued an “equal weight” rating and a $189.00 target price on the stock. UBS Group boosted their price target on Generac from $200.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Truist Financial decreased their price objective on Generac from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. Finally, Piper Sandler dropped their target price on shares of Generac from $185.00 to $175.00 and set an “overweight” rating for the company in a report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, Generac currently has an average rating of “Moderate Buy” and an average price target of $174.00.

Insider Buying and Selling at Generac

In other news, CEO Aaron Jagdfeld sold 5,000 shares of Generac stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $145.15, for a total value of $725,750.00. Following the completion of the sale, the chief executive officer now directly owns 565,825 shares of the company’s stock, valued at approximately $82,129,498.75. The trade was a 0.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 2.90% of the company’s stock.

Generac Trading Down 0.1 %

Shares of Generac stock opened at $136.04 on Monday. Generac Holdings Inc. has a fifty-two week low of $109.90 and a fifty-two week high of $195.94. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.97 and a current ratio of 1.97. The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of 25.19, a PEG ratio of 1.44 and a beta of 1.42. The stock has a 50 day moving average of $151.00 and a 200 day moving average of $160.30.

Generac (NYSE:GNRC) last issued its quarterly earnings data 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 return on equity of 18.17% and a net margin of 7.36%. As a group, research analysts predict that Generac Holdings Inc. will post 8 earnings per share for the current year.

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.