Wells Fargo & Company Raises Generac (NYSE:GNRC) Price Target to $238.00

Generac (NYSE:GNRC) had its price objective lifted by equities research analysts at Wells Fargo & Company from $234.00 to $238.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the technology company’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 22.34% from the stock’s current price.

GNRC has been the subject of a number of other research reports. Stifel Nicolaus set a $235.00 target price on Generac in a report on Thursday, February 12th. JPMorgan Chase & Co. raised shares of Generac from a “neutral” rating to an “overweight” rating and set a $200.00 price target on the stock in a report on Monday, December 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Generac in a report on Thursday, January 22nd. Citigroup cut shares of Generac from a “buy” rating to a “neutral” rating and upped their price target for the stock from $207.00 to $237.00 in a report on Thursday, March 12th. Finally, Canaccord Genuity Group set a $275.00 price target on Generac in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $228.47.

Generac Trading Down 1.7%

Shares of Generac stock opened at $194.54 on Thursday. The stock has a market capitalization of $11.42 billion, a P/E ratio of 72.59, a P/E/G ratio of 1.44 and a beta of 1.74. Generac has a 52-week low of $99.50 and a 52-week high of $241.09. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 2.03. The stock’s 50-day simple moving average is $200.77 and its 200 day simple moving average is $175.76.

Generac (NYSE:GNRC) last posted its quarterly earnings results on Wednesday, February 11th. The technology company reported $1.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.81 by ($0.20). The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.16 billion. Generac had a net margin of 3.79% and a return on equity of 14.55%. The business’s revenue for the quarter was down 11.6% on a year-over-year basis. During the same period last year, the firm earned $2.80 EPS. As a group, research analysts anticipate that Generac will post 8 EPS for the current year.

Insider Buying and Selling

In other Generac news, CFO York A. Ragen sold 24,362 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $235.61, for a total value of $5,739,930.82. Following the completion of the sale, the chief financial officer directly owned 137,182 shares of the company’s stock, valued at $32,321,451.02. The trade was a 15.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 2.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Generac

A number of hedge funds and other institutional investors have recently modified their holdings of GNRC. Invesco Ltd. boosted its stake in shares of Generac by 49.9% during the fourth quarter. Invesco Ltd. now owns 2,423,971 shares of the technology company’s stock valued at $330,557,000 after purchasing an additional 806,430 shares during the period. State Street Corp raised its holdings in Generac by 2.1% during the 2nd quarter. State Street Corp now owns 2,189,927 shares of the technology company’s stock valued at $313,619,000 after buying an additional 45,592 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Generac by 17.9% in the third quarter. Victory Capital Management Inc. now owns 2,138,139 shares of the technology company’s stock valued at $355,530,000 after acquiring an additional 324,809 shares during the period. Boston Partners increased its position in shares of Generac by 7.1% in the third quarter. Boston Partners now owns 1,947,332 shares of the technology company’s stock valued at $326,003,000 after acquiring an additional 128,439 shares during the period. Finally, Ariel Investments LLC grew its stake in shares of Generac by 11.7% in the second quarter. Ariel Investments LLC now owns 1,804,595 shares of the technology company’s stock worth $258,436,000 after purchasing an additional 188,717 shares during the last quarter. Institutional investors own 84.04% of the company’s stock.

More Generac News

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Needham reaffirmed its “buy” rating and kept a $277 price target, signaling conviction in Generac’s longer‑term growth trajectory. Needham Reaffirms Buy
• Positive Sentiment: Wells Fargo raised its price target from $234 to $238 and moved to an “overweight” stance, backing upside tied to data‑center momentum. Wells Fargo Raises PT
• Positive Sentiment: Barclays lifted its target to $228 and kept an “equal weight” rating, reflecting constructive but measured expectations. Barclays Raises PT
• Neutral Sentiment: Bank of America trimmed its target from $260 to $248 but maintained a “buy” view — a modest downgrade of optimism but still bullish. BofA Lowers PT
• Neutral Sentiment: Q4 sector rundowns compare Generac to renewable peers as earnings season closes — useful context on relative performance but not a single catalyst. Q4 Rundown
• Neutral Sentiment: Market pieces note GNRC has rallied ~51% over three months, flagging valuation and limited near‑term upside even as fundamentals improve. 51% Surge Article
• Negative Sentiment: Shares fell after investor day failed to produce a confirmed hyperscaler/data‑center contract, disappointing investors hoping for concrete hyperscaler deals. Investor Day Disappointment

Generac Company Profile

Generac Holdings Inc (NYSE: GNRC) is a leading manufacturer of backup power generation products for residential, commercial and industrial applications. The company offers a comprehensive portfolio of standby and portable generators, transfer switches and power management systems designed to provide reliable electricity during power outages and other critical situations. With an emphasis on innovation, Generac has expanded its offerings to include clean energy technologies such as battery storage and integrated solar-plus-storage systems.

Generac’s product lineup addresses a broad range of customer needs.