Generac Holdings Inc. (GNRC)

Over the past six months (January 2025 - June 2025), Generac Holdings Inc. stock has experienced various movements and events. In February 2025, Generac reported its fiscal fourth-quarter and full-year 2024 results, with net sales increasing 16% to $1.23 billion in Q4 2024. On April 17, 2025, Citigroup upgraded its outlook for Generac Holdings from Neutral to Buy. As of June 27, 2025, the share price was $142.41, representing an increase of 7.71% from June 28, 2024. On June 5, 2025, Generac announced executive changes, and the Chairman notified of an intention to sell stock on June 6, 2025. On June 29, 2025, Generac Holdings Inc. was dropped from the Russell 3000E Growth Index.

Demand for Generac's products, particularly residential generators, is significantly influenced by weather-related events and power outages. Management anticipates that the residential segment will follow normal seasonality, growing from Q1 throughout the year. Sales are generally higher in the second half of the year, with approximately 44%-45% of sales in the first half and 55%-56% in the second half. Major storms have led to increased demand in affected regions, with activations starting as projects mature over a typical 100 to 120-day timeline from quote to installation. The aging power grid infrastructure and increasing frequency of power outages also contribute to sustained demand for backup power solutions.

Generac Holdings, Inc. is a leading global designer, manufacturer, and provider of a wide range of energy technology solutions, primarily focusing on power generation equipment and other power products. Founded in 1959, Generac is a Fortune 1000 American manufacturer operating within the Industrials sector, specifically in the Specialty Industrial Machinery industry. Generac's comprehensive product portfolio serves residential, light commercial, and industrial markets, including generators, energy storage systems, energy management devices & solutions, other power products, and software platforms.

Generac has a significant market presence, particularly in North America, where it holds a leading position in the power equipment market, with approximately 83% of its revenue coming from the United States as of November 2024. The company also has an expanding international presence. Generac's products are available globally through a broad network of independent dealers, distributors, retailers, e-commerce partners, wholesalers, and equipment rental companies. Generac is headquartered in Waukesha, Wisconsin, and has manufacturing facilities in several Wisconsin locations. The company has also expanded its operations in South Carolina, increasing its distribution capacity in the southeastern United States. Internationally, Generac is actively targeting Europe and Asia, with its acquisition of Pramac intended to grow its presence in countries like Germany, Spain, France, Romania, China, and the United Kingdom.

Generac's brand reputation has been positively impacted by product design recognition, with the XG Series and PWRcell2 receiving Red Dot Design Awards in May 2025. The introduction of the ecobee by Generac Smart Thermostat enhanced with Home Energy Management could also contribute positively to its reputation in smart home solutions. Generac has been recognized for its commitment to resilient, efficient, and sustainable energy solutions.

Generac Holdings Inc. is primarily owned by institutional shareholders, who hold 87.71% of the stock. The company has 1,345 institutional owners and shareholders, including Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Stephen McKenna is the largest individual Generac Holdings shareholder, owning 27.43 million shares, representing 46.43% of the company. Timothy J. Walsh is another significant individual owner.