Alan B Lancz & Associates Inc. Has $268,000 Stock Position in Generac Holdings Inc. (NYSE:GNRC)

Alan B Lancz & Associates Inc. cut its holdings in Generac Holdings Inc. (NYSE:GNRC) by 7.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,075 shares of the technology company’s stock after selling 175 shares during the quarter. Alan B Lancz & Associates Inc.’s holdings in Generac were worth $268,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BKM Wealth Management LLC acquired a new position in shares of Generac during the 4th quarter valued at $28,000. Headlands Technologies LLC acquired a new position in shares of Generac during the third quarter valued at about $28,000. ORG Partners LLC bought a new position in shares of Generac during the 4th quarter worth about $38,000. Pinnacle Bancorp Inc. grew its stake in shares of Generac by 89.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 311 shares of the technology company’s stock valued at $40,000 after buying an additional 147 shares during the period. Finally, Operose Advisors LLC bought a new stake in Generac in the 3rd quarter valued at about $40,000. 84.04% of the stock is currently owned by institutional investors.

Generac Stock Performance

Shares of NYSE GNRC traded up $4.72 during trading on Friday, reaching $133.38. 1,315,710 shares of the stock traded hands, compared to its average volume of 1,356,062. The company has a 50-day moving average of $124.48 and a 200-day moving average of $118.08. Generac Holdings Inc. has a 52-week low of $79.86 and a 52-week high of $156.95. The stock has a market capitalization of $8.06 billion, a P/E ratio of 36.74, a price-to-earnings-growth ratio of 1.76 and a beta of 1.41. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.29 and a quick ratio of 0.94.

Generac (NYSE:GNRC) last released its quarterly earnings data on Wednesday, May 1st. The technology company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.72 by $0.16. The business had revenue of $889.27 million for the quarter, compared to the consensus estimate of $886.60 million. Generac had a net margin of 5.68% and a return on equity of 14.68%. The company’s revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.63 earnings per share. Analysts forecast that Generac Holdings Inc. will post 6.09 EPS for the current fiscal year.

Insider Buying and Selling

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of the stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $139.95, for a total transaction of $699,750.00. Following the sale, the chief executive officer now owns 587,177 shares in the company, valued at $82,175,421.15. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.80% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently issued reports on GNRC. UBS Group reduced their price target on shares of Generac from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Thursday, February 15th. TD Cowen dropped their price objective on Generac from $165.00 to $144.00 and set an “outperform” rating on the stock in a research note on Thursday, February 15th. Robert W. Baird upped their target price on shares of Generac from $112.00 to $129.00 and gave the stock a “neutral” rating in a research note on Thursday, February 15th. Guggenheim lowered shares of Generac from a “buy” rating to a “neutral” rating in a research report on Thursday, February 15th. Finally, Canaccord Genuity Group boosted their price target on shares of Generac from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, April 5th. One analyst has rated the stock with a sell rating, eight have given a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat, Generac presently has a consensus rating of “Moderate Buy” and an average price target of $142.40.

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.