New York-based Matrix Asset Advisors bought 46,101 shares of Generac last quarter, an estimated $7.44 million trade based on average pricing. The quarter-end value of the position rose by $4.21 million, reflecting both additional shares and changes in Generac's share price.
Generac Holdings Inc. is increasingly pivotal in supplying large diesel generators as AI data center growth strains grid capacity. GNRC's commercial and industrial sales rose 9% to $358 million, driven by early shipments of megawatt-scale units for data centers. The backlog for large generators doubled to $300 million, with domestic shipments beginning in October, signaling sustained demand.
The new facility will help Generac serve the booming data center growth and other core industries with capacity for large-scale backup power generators and energy solutions. WAUKESHA, Wis.
Generac Holdings Inc (NYSE:GNRC) stock was last seen up 2.3% at $140.11, after Wells Fargo upgraded the power generator to "overweight" from "equal weight," with a price-target hike to $195 from $186.
Generac maintains a "Buy" rating despite recent underperformance and a disappointing Q3, with valuation now appearing attractive. GNRC's growth hinges on accelerating data center demand, with management targeting $300 million in data center revenue in 2026 and $500 million+ in 2027. Residential generator demand remains weak, but C&I product sales rose 9%, and the data center backlog doubled seq...
Cold Weather Events Can Strain the Grid and Cause Dangerous Power Outages WAUKESHA, Wis. , Nov. 11, 2025 /PRNewswire/ -- Generac Holdings Inc. (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, is encouraging homeowners across the country to build a cold weather preparedness and backup power plan to protect their homes and...
AI-driven data center growth is straining the power grid, fueling surging electricity prices and bottlenecks in natural gas and turbine supply. Renewable energy companies like First Solar, Tesla, Generac, and Brookfield Renewable are positioned to benefit as consumers and hyperscalers seek alternatives. FSLR and TSLA are experiencing strong demand growth for solar and battery storage, while GNR...
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