Investment firms including Jennison Associates LLC, Hussman Strategic Advisors Inc., SMC Management LLC, Axxcess Wealth Management LLC and many others have either increased their positions or made new investments in the generator manufacturer Generac Holdings Inc. (NYSE:GNRC). This action by multiple firms indicates a positive sentiment towards the firm's future performance. Generac, however, has also seen multiple firms like Stephens Inc. AR, Dakota Wealth Management and others sell off considerable shares too, suggesting a mixed market sentiment.
Arguing whether Generac is a risky investment, the company has marked a record year for its charitable initiative 'Power Up With Purpose' and has recognised fundraising milestones that boost national disaster response capabilities. The company is preparing to announce its Q2 2025 financial results on July 30, 2025, and anticipates potential growth despite tariffs. The announcement regarding the upcoming earnings report and its outlook has impacted the company's stock performance.
Generac was dropped from the Russell 1000 Growth Index which has influenced the company's valuation and growth sustainability. However, Generac stock surged following a 'Buy' rating reinstatement from Bank of America.
Generac Holdings GNRC News Analytics from Thu, 03 Oct 2024 07:00:00 GMT to Sat, 19 Jul 2025 12:15:23 GMT - Information 8 - Rumor -3
