Latest news with #GeneracHoldings
Yahoo
4 days ago
- Business
- Yahoo
Here's What Drove Diamond Hill Small-Mid Cap Strategy to Initiate a Position in Generac Holdings (GNRC)
Diamond Hill Capital, an investment management company, released its 'Small-Mid Cap Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q2, the market surged uniformly for the rest of the quarter following a sharp decline in April due to President Trump's 'Liberation Day' tariffs announcement. The portfolio returned 5.60% (gross) and 5.37% (net) compared to an 8.59% return for the Russell 2500 Index. For more information on the fund's top picks in 2025, please check its top five holdings. In its second-quarter 2025 investor letter, Diamond Hill Small-Mid Cap Fund highlighted stocks such as Generac Holdings Inc. (NYSE:GNRC). Generac Holdings Inc. (NYSE:GNRC) is a manufacturer and supplier of power generation equipment, energy storage systems, and other power products. The one-month return of Generac Holdings Inc. (NYSE:GNRC) was 33.86%, and its shares gained 36.61% of their value over the last 52 weeks. On August 11, 2025, Generac Holdings Inc. (NYSE:GNRC) stock closed at $196.52 per share, with a market capitalization of $11.531 billion. Diamond Hill Small-Mid Cap Fund stated the following regarding Generac Holdings Inc. (NYSE:GNRC) in its second quarter 2025 investor letter: "Despite markets' relatively sharp bounce following April's downward volatility, we were able to initiate several new positions in the quarter at what we consider compelling valuations: Generac Holdings Inc. (NYSE:GNRC), Alaska Air Group, Knife River Corporation, Taseko Mines, Century Communities and FTI Consulting. A technician in protective gear repairing a huge generator at a power plant. Generac Holdings Inc. (NYSE:GNRC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held Generac Holdings Inc. (NYSE:GNRC) at the end of the first quarter, compared to 59 in the previous quarter. Generac Holdings Inc.'s (NYSE:GNRC) net sales increased 6% year-over-year to $1.06 billion in the second quarter of 2025. While we acknowledge the potential of Generac Holdings Inc. (NYSE:GNRC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Generac Holdings Inc. (NYSE:GNRC) and shared Ariel Focus Fund's views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. 登入存取你的投資組合
Bloomberg
04-08-2025
- Business
- Bloomberg
Generac Hits Dec. High After Ebitda Margin Outlook Boost
Analysts raised price targets for Generac Holdings Inc. since the company reported earnings on July 30, according to data compiled by Bloomberg. Generac CEO Aaron Jagdfeld says the United States needs to be strategic with tariffs, and the AI boom is creating growth within their energy products. (Source: Bloomberg)
Bloomberg
30-07-2025
- Business
- Bloomberg
Stock Movers: Generac and Electronic Arts
On this edition of Stock Movers: - Generac Holdings (GNRC) shares climbed as much as 9.7% to their highest intraday level since December, after the power-equipment company boosted the lower end of its adjusted Ebitda margin for the full year, following second-quarter results that topped expectations. - Electronic Arts (EA) shares are up today after the video-game publisher reported first quarter net bookings that beat the average analyst estimate boosted by positive trends for its football franchise FC and shooter video game Apex Legends.
Yahoo
30-07-2025
- Business
- Yahoo
S&P 500 Gains and Losses Today: Generac Stock Surges; IDEX Shares Drop
Key Takeaways The S&P 500 fell 0.1% on Wednesday, July 30, 2025, as the Fed held interest rates steady and policymakers expressed concerns about possible tariff impacts. Improving gross margins helped drive a strong quarter for Generac Holdings, and shares of the backup power generator manufacturer surged. IDEX shares sank after the industrial products manufacturer issued a lackluster outlook for the current quarter and full year, citing soft demand amid macroeconomic U.S. equity indexes were mixed on Wednesday as the Federal Open Market Committee left interest rates unchanged and the White House released more trade updates, including the announcement of a 50% tariff on imported copper. The S&P 500 slipped 0.1% in the mid-week session, and the Dow Jones Industrial Average fell 0.4%. The tech-heavy Nasdaq Composite eked out a 0.2% gain. Generac Holdings (GNRC), a manufacturer of backup power generators, surpassed analysts' forecasts with its second-quarter results. Sales increased year-over-year in Generac's residential segment, as well as its commercial and industrial business. Gross margin also improved from a year ago, which the company attributed to strong pricing and reduced input costs. Shares of Generac powered 19.6% higher, notching the S&P 500's top performance on Wednesday. Teradyne (TER) shares skyrocketed 18.9% after the provider of automatic test equipment beat quarterly sales and profit estimates. Better-than-expected revenue from Teradyne's semiconductor test group contributed to the solid performance, and the company's CEO highlighted system-on-a-chip for artificial intelligence applications as a key growth driver. Humana (HUM) shares jumped 12.4% after the health insurer topped sales and profit expectations for the second quarter and raised its full-year outlook. Humana issued stronger-than-expected forecasts for its Medicare Advantage business and CenterWell, which provides primary care and in-home health services to seniors. Elevated health care costs have forced Humana and its health insurance industry peers to cut or withdraw guidance over the past two years. IDEX (IEX) shares tumbled 11.3%, the most of any S&P 500 stock, following the industrial equipment manufacturer's quarterly earnings report. Although the provider of pumps, valves, and other apparatuses topped sales and profit estimates, its outlook for the current quarter and the full year came in below analysts' forecasts. The company cited soft demand as customers exercise caution in the uncertain macroeconomic environment. Old Dominion Freight Line (ODFL) missed second-quarter revenue and earnings forecasts, and shares of the trucking company plunged 9.7%. The company said softness in the domestic economy and an extended period of weakness in freight markets weighed on its performance. President Trump declared that the U.S. will impose a 50% tariff on copper products, but not the metal in its raw form. Copper futures, which soared earlier this month when Trump said he would impose the tariffs, tumbled in the wake of the announcement, as did shares of major copper producer Freeport-McMoRan (FCX), which ended Wednesday's session 9.5% lower. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
30-07-2025
- Business
- Reuters
Generac beats quarterly estimates on robust sales of power backup equipment
July 30 (Reuters) - Generac Holdings (GNRC.N), opens new tab reported better-than-expected second-quarter profit and revenue on Wednesday, as frequent power outages lifted sales of its backup generators, batteries and solar equipment. Demand for the company's home standby generators has risen in tandem with power outages caused by winter storms and hurricanes last year. CEO Aaron Jagdfeld said there was a "dramatic" increase in the sales of Generac's residential segment after shipments to Puerto Rico rose following widespread blackouts. Sales in the residential segment, its biggest in terms of sales, were up 6.6% from a year ago. Jagdfeld also said demand from the company's industrial and telecom customers remains strong and that there was a "strong initial reception" to its entry into the power-hungry data centre market during the quarter. The Waukesha, Wisconsin-based company's commercial and industrial (C&I) business segment posted a 5.2% rise in quarterly sales from a year ago. Its total net sales for the quarter ended June 30 was $1.06 billion, beating estimates of $1.03 billion, according to data compiled by LSEG. Gross profit margin in the second quarter was 39.3%, compared with 37.6% a year ago. It expects full-year net income margin to range between 7.5% and 8.5%, compared with previous guidance range of 6.5% to 8.5%. But Generac narrowed its annual net sales growth forecast to between 2% and 5%, from its prior guidance of flat to 7%, citing lower than anticipated price increases in the second half of the year due to tariffs. Adjusted quarterly net income per share came in at $1.65, above analysts' expectations of $1.32.
