Creative Capital Management Investments LLC Has $33,000 Stock Position in Generac Holdings Inc. $GNRC

Creative Capital Management Investments LLC raised its position in Generac Holdings Inc. (NYSE:GNRC) by 740.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 227 shares of the technology company’s stock after acquiring an additional 200 shares during the period. Creative Capital Management Investments LLC’s holdings in Generac were worth $33,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Pine Haven Investment Counsel Inc raised its holdings in Generac by 2.7% in the 2nd quarter. Pine Haven Investment Counsel Inc now owns 2,861 shares of the technology company’s stock valued at $410,000 after acquiring an additional 75 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Generac by 81.1% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the technology company’s stock valued at $25,000 after purchasing an additional 77 shares during the period. Covestor Ltd grew its stake in shares of Generac by 16.2% in the 1st quarter. Covestor Ltd now owns 596 shares of the technology company’s stock valued at $75,000 after purchasing an additional 83 shares during the period. Fiduciary Alliance LLC grew its stake in shares of Generac by 4.1% in the 2nd quarter. Fiduciary Alliance LLC now owns 2,259 shares of the technology company’s stock valued at $324,000 after purchasing an additional 89 shares during the period. Finally, Private Trust Co. NA grew its stake in shares of Generac by 42.9% in the 1st quarter. Private Trust Co. NA now owns 300 shares of the technology company’s stock valued at $38,000 after purchasing an additional 90 shares during the period. Institutional investors and hedge funds own 84.04% of the company’s stock.

Insider Buying and Selling

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $167.42, for a total value of $837,100.00. Following the transaction, the chief executive officer directly owned 547,966 shares in the company, valued at approximately $91,740,467.72. This trade represents a 0.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.70% of the company’s stock.

Generac Stock Down 2.4%

Shares of GNRC opened at $165.84 on Friday. The firm has a market capitalization of $9.73 billion, a price-to-earnings ratio of 27.55, a PEG ratio of 1.35 and a beta of 1.64. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.88 and a current ratio of 2.00. The business’s fifty day moving average price is $183.82 and its two-hundred day moving average price is $147.52. Generac Holdings Inc. has a 52 week low of $99.50 and a 52 week high of $203.25.

Generac (NYSE:GNRC) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $1.65 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.32. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.03 billion. Generac had a return on equity of 19.14% and a net margin of 7.91%.The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the company earned $1.35 EPS. Generac has set its FY 2025 guidance at EPS. On average, analysts predict that Generac Holdings Inc. will post 8 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on GNRC shares. JPMorgan Chase & Co. upped their price objective on Generac from $165.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Guggenheim upgraded Generac from a “neutral” rating to a “buy” rating and set a $190.00 price objective on the stock in a research note on Tuesday, July 29th. Wells Fargo & Company upped their price objective on Generac from $128.00 to $180.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Generac in a research note on Saturday, September 27th. Finally, Citigroup restated a “neutral” rating and set a $219.00 price target (up from $138.00) on shares of Generac in a research report on Tuesday, August 26th. Twelve research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $184.11.

Generac Company 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.