Stock events for Gencor Industries, Inc. (GENC)
Gencor Industries' stock price has fluctuated over the past six months. The share price declined by 36.74% between November 14, 2024, and November 13, 2025, due to delayed financial reports and identified weaknesses in internal controls. However, the company released its fiscal year 2024 and 2025 results, reporting a 5.6% increase in net revenue and a 50% jump in Q3 profit. NYSE American accepted Gencor's compliance plan, and the stock price was up by 1.4% on November 26, 2025.
Demand Seasonality affecting Gencor Industries, Inc.’s stock price
The demand for Gencor Industries' products is seasonal due to its focus on the highway construction industry. Customers avoid purchasing new equipment during the summer and fall, with most orders received between October and February and shipments occurring before June. The business is also affected by the prices of liquid asphalt and oil.
Overview of Gencor Industries, Inc.’s business
Gencor Industries, Inc. is a manufacturer of heavy machinery and equipment for highway construction materials and environmental control, operating in the Industrials sector. Their products include hot-mix asphalt plants, asphalt pavers (Blaw-Knox brand), combustion systems, and fluid heat transfer systems. Gencor is known for its technological advancements, including counter flow drum mix technology.
GENC’s Geographic footprint
Gencor Industries manufactures its products in the United States and sells them globally through sales representatives and independent dealers. The company has facilities across North America, Europe, the Middle East, and Asia, with North America as its primary market. Gencor is expanding its presence in international markets, securing contracts in Asia and the Middle East.
GENC Corporate Image Assessment
Gencor Industries has a strong reputation for quality and innovation in the road construction machinery sector. The company is committed to sustainability through its participation in the National Asphalt Pavement Association's "Road Forward" initiative. The delay in financial reporting and identified weaknesses in internal controls impacted the stock price, but no events directly affected the company's brand reputation in terms of product quality or customer trust.
Ownership
Gencor Industries is owned by a mix of institutional shareholders (58.51%) and insiders (95.10%), with retail investors holding 0.00%. Major individual shareholders include Sherry Houtkin, E. J. Elliott, Harvey Houtkin, John E. Elliott, and Lloyd I. Miller Iii. Largest institutional shareholders are Systematic Financial Management LP, Royce Associates LP, Dimensional Fund Advisors LP, The Vanguard Group Inc, BlackRock, Inc., Renaissance Technologies Llc, Martin & Co Inc /tn/, and GAMCO Investors, Inc.
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$13.28