Over a fairly wide spectrum of events,
Generac Holdings Inc. has experienced robust market activities. There have been significant changes in
stock ownership, which includes purchases by Federated Hermes Inc., Kennedy Capital Management LLC, National Bank of Canada, Franklin Resources Inc., and American Century Companies. However, the class action lawsuit pending against the company is not to be overlooked. The company's continual innovation and market position have been evident in its products and services, notably launching a new line of
generators targeting the growing data center demand and unveiling the most powerful air-cooled home standby generator. They also won twice at the
2024 GOOD DESIGN Awards. However, despite outpacing its Industrial Products peers, increases in stock investment and strong fundamentals, the
stock has been underperforming and even hit a 52-week low at $105.33. Yet, Generac has a healthy balance sheet presenting a potential opportunity for investors. In addition, the company has been recognized by the U.S. Department of Energy with a $50 million award for its support in grid resilience through clean energy solutions.
Generac Holdings GNRC News Analytics from Thu, 22 Aug 2024 07:00:00 GMT to Sun, 13 Apr 2025 01:55:51 GMT -
Rating 0
- Innovation 8
- Information 6
- Rumor -2
