Evergreen Capital Management 13F: Adds $6.2M to GNRC Stake

Evergreen Capital Management lifted its holdings in Generac Holdings Inc. GNRC by 238.1% during the third quarter, according to a Form 13F filing with the U.S. Securities and Exchange Commission on October 23, 2026.

GNRC Generac Holdings Inc.

$186.92 ▲ +32.47% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Evergreen Capital Management's Generac Holdings Inc. Position

The firm added 29,797 shares of the specialty industrial machinery maker during the period, bringing its total ownership to 42,313 shares. The updated stake was valued at approximately $8,756,676 as of the filing date. Prior to this expansion, the fund owned 12,516 shares.

Other Institutional Activity in Generac Holdings Inc.

Other major institutional investors adjusted their positions in Generac during the same reporting period. Boston Partners reduced its holdings by 219,042 shares, ending with 1,317,015 shares worth about $246.2 million. Ariel Investments, LLC cut its stake by 296,912 shares to hold 997,951 shares valued at roughly $186.5 million. Shaw D.E. & Co., Inc. trimmed its position by 340,661 shares, leaving it with 957,094 shares worth about $178.9 million. Arrowstreet Capital, Limited Partnership lowered its holdings by 150,897 shares to finish with 887,621 shares valued at approximately $165.9 million.

Generac Holdings Inc. Stock Down 8.0%

Generac shares closed at $186.92 on October 23, 2026. The stock recently traded around $186.92, which is 7.2% below its 50-day moving average of $201.33 and 13.9% below its 200-day moving average of $217.21. The company has a market capitalization of roughly $11.11 billion and a beta of 1.92.

Recent Earnings

For its trailing twelve months, Generac generated $4.44 billion in revenue and reported earnings of $4.03 per share. The company posted a net profit margin of 5.8% and a return on equity of 9.5%. Year-over-year revenue growth stood at 10.6%. The company's next earnings report is scheduled for October 28, 2026.

Insider Buying and Selling at Generac Holdings Inc.

Company insiders completed several transactions ahead of the filing. Chief Executive Officer Aaron P. Jagdfeld sold 5,000 shares on September 1, 2026, at an average price of $182.21 for a total value of $911,050. Officer Norman P. Taffe sold 400 shares on September 8, 2026, valued at $75,481, and later sold 550 shares on October 6, 2026, worth $119,184. Officer Kyle Andrew Raabe sold 603 shares on October 2, 2026, at an average price of $212.57 for a total of $128,180.

Analysts Set New Price Targets

Wall Street firms updated their views on Generac ahead of and during October. Citigroup maintained a neutral rating with a price target of $232 on September 30, 2026. Cantor Fitzgerald maintained an overweight rating, lowering its target from $333 to $297 on October 5, 2026. Piper Sandler initiated coverage with an overweight rating and a $303 price target on October 8, 2026, and later maintained that rating while adjusting its target to $279 on October 23, 2026. Keybanc upgraded the stock to an overweight rating with a $280 price target on October 8, 2026. Analysts overall hold a consensus buy rating on the stock with a mean price target of $287.78 across 18 analyst opinions.

About Generac Holdings Inc.

Generac Holdings Inc. designs, manufactures, and distributes energy technology products and solutions for residential and industrial markets. Its offerings include home standby generators, automatic transfer switches, remote monitoring systems, and smart home thermostats. Institutional interest in the company continues to evolve as the market monitors demand for backup power and energy management systems.

Bottom Line

Investors will look to Generac's upcoming earnings release on October 28, 2026, for further insight into financial performance and operational growth. Future regulatory filings will reveal whether other institutional managers continue to alter their positions in the stock.