Generac HoldingsGNRC
Market Cap: $8.4B
About: Generac designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.
Employees: 8,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
60% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 8 (+3) [Q2]
10% more call options, than puts
Call options by funds: $294M | Put options by funds: $268M
3% more capital invested
Capital invested by funds: $6.83B [Q1] → $7.06B (+$229M) [Q2]
3% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 90
0% more funds holding
Funds holding: 668 [Q1] → 671 (+3) [Q2]
4% less repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 237
3.34% less ownership
Funds ownership: 91.32% [Q1] → 87.98% (-3.34%) [Q2]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Stephens & Co. Tommy Moll 92% 1-year accuracy 22 / 24 met price target | 43%upside $200 | Overweight Reiterated | 5 Aug 2024 |
TD Cowen Jeffrey Osborne 23% 1-year accuracy 3 / 13 met price target | 23%upside $172 | Buy Maintained | 1 Aug 2024 |
Goldman Sachs Jerry Revich 50% 1-year accuracy 16 / 32 met price target | 6%upside $148 | Buy Maintained | 1 Aug 2024 |
Stifel Stephen Gengaro 55% 1-year accuracy 22 / 40 met price target | 25%upside $175 | Buy Reiterated | 1 Aug 2024 |
Canaccord Genuity George Gianarikas 38% 1-year accuracy 12 / 32 met price target | 43%upside $200 | Buy Maintained | 1 Aug 2024 |
Financial journalist opinion
Based on 3 articles about GNRC published over the past 30 days