What smart money is saying about Generac Holdings, Inc.
5 funds in our archive have pitched Generac Holdings, Inc. — most recently Ariel Mid Cap Value in March 2026.
Generac Holdings Inc. designs, manufactures, and sells power generation equipment, energy storage systems, and other power products for the residential, and light commercial and industrial markets worldwide. The company offers engines, alternators, batteries, electronic controls, steel enclosures, and other components. It also provides residential automatic standby generators ranging in output from 7.5kW to 150kW; air-cooled engine residential standby generators ranging from 7.5kW to 26kW; liquid-cooled engine generators with outputs ranging from 22kW to 150kW; and Mobile Link, a remote monitoring system for home standby generators. In addition, the company offers various portable generators ranging in size from 800W to 17.5kW; outdoor power equipment, such as trimmers, field and brush mowers, log splitters, stump grinders, chipper shredders, lawn and leaf vacuums, pressure washers, and water pumps; and clean energy solution under the PWRcell and PWRview brands. Further, it provides light towers, mobile generators, and mobile energy storage systems; commercial mobile pumps and dust-suppression equipment; various gaseous-engine control systems and accessories; light-commercial standby generators ranging from 22kW to 150kW and related transfer switches providing three-phase power for small and mid-sized businesses; and industrial generators ranging in output from 10kW to 3,250kW used as emergency backup for healthcare, telecom, datacom, commercial office, retail, municipal, and manufacturing markets. Additionally, the company sells aftermarket service parts and product accessories to dealers. It distributes its products through independent residential dealers, industrial distributors and dealers, national and regional retailers, e-commerce partners, electrical, HVAC and solar wholesalers, catalogs, equipment rental companies and distributors, and solar installers; and directly to end users. The company was founded in 1959 and is headquartered in Waukesha, Wisconsin.
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Position history
Between Q1 2025 and Q3 2026, 8 fund letters reported a position in Generac Holdings, Inc. — 1 opened or added to the position, 1 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 0 | 0 |
| Q2 2026 | 5 | 1 | 1 | 0 |
| Q1 2026 | 1 | 0 | 0 | 1 |
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q2 2025 | 0 | 0 | 0 | 1 |
| Q1 2025 | 0 | 0 | 0 | 2 |
Fund activity · 8 positions · 2 moves
- July 2026
“Additional Fund Updates Earnings season remained the primary focus and overall, we were encouraged by what we heard. The common themes across our holdings were resilient demand, improving execution and continued investment in long-term growth opportunities. Below are some highlights: Generac (GNRC): Strong quarter with 2026 guidance maintained.”
Generac Holdings, Inc. - July 2026
“Generac Holdings Inc. (GNRC) –136.2 bps Addus Homecare Corp. (ADUS) 52.1 bps Tantalus Systems Holding Inc. (GRID) –42.3 bps Kinaxis Inc. (KXS) 48.8 bps Maplebear Inc. (CART) –28.8 bps CTS was the top contributor this month following a period of share price weakness. Kinaxis was another top performer in the month as the company continues to execute on its next phase of growth. On July 20, 2026, Kinaxis appointed Herb Yeh as Chief Financial Officer and Chief Strategy Officer. Yeh, a veteran investment banker, is expected to help raise the company's global profile and lead more active capital allocation, including potential M&A. Following month-end, the company also released solid Q2 results, raising its full-year total revenue and SaaS revenue guidance. Backlog was up 18% year-over- year, and management noted an uptick in demand across the high-tech value chain amid ramping data center builds, as well as in the defence and aerospace vertical. Generac was the top detractor in the month despite reporting solid earnings results with 2026 guidance maintained.”
Generac Holdings, Inc. - June 2026
“8 Norwegian Cruise Line Holdings, Ltd. Consumer Discretionary 3.52 9 Generac Holdings, Inc. Industrials 3.11 10 Charles River Laboratories International, Inc.”
Generac Holdings, Inc. - June 2026
“We also modestly trimmed the Technology names Alphabet (Google), Applied Materials, Qualcomm, and Generac (mostly in tax-exempt accounts) as these positions had become oversized because of significant stock price appreciation.”
Generac Holdings, Inc. - June 2026
“Generac Holdings Inc (GNRC) was a top contributor in the SMID Cap strategy during the second quarter, reporting first quarter 2026 results that significantly exceeded expectations.”
Generac Holdings, Inc. - June 2026
“As noted above, Direct AI beneficiaries and a few other stocks in the portfolio rose sharply and in a number of instances prices raced ahead of fundamentals compressing future expected returns. We exited several positions including Credo Technology (CRDO), Semtech (SMTC), Nova Limited (NVMI), Universal Technical Institute (UTI) and Comfort Systems (FIX), entirely, and trimmed others, such as Modine (MOD), Forgent Power Solutions (FPS), Onto Innovation (ONTO), TTM Technologies (TTMI), and Carpenter Technology Corp (CRS). We reinvested that capital in several areas. First, as noted above, we bumped up or initiated positions in stocks in bucket #2 (AI Insulated) such as Neutron Holdings Inc (LIME - i.e., Lime e-scooters and e-bikes). Porch (PRCH), our largest position, is an example of an 4 underappreciated beneficiary: we believe its proprietary home data should become more valuable for underwriting home owner's insurance as AI capabilities improve. Second, we shifted some capital to other AI beneficiaries where we believe meaningful upside remains underpriced (e.g., Silicon Motion (SIMO) and Generac (GNRC).”
Generac Holdings, Inc. “For example, we have long owned Generac Holdings, Inc. (GNRC) for its leading residential and commercial backup-power franchise.”
Generac Holdings, Inc.- HoldsLarge-Cap GrowthMarch 2026
“From a sector perspective, Industrials was the strongest relative contributor during the quarter, led by Generac Holdings (GNRC) and Trane Technologies (TT), both of which we believe continue to execute well against a favorable demand backdrop.”
Generac Holdings, Inc.
Fund coverage · 5 theses
- Ariel Mid Cap ValueMarch 2026
Generac Holdings is a leading power generation equipment maker benefiting from secular grid and data center tailwinds, with plans for strong growth, margin expansion, and rising free cash flow.
Read the full thesis - Ariel Small Cap ValueDecember 2025
Generac Holdings, Inc. is a leading power generation equipment maker with secular tailwinds in backup power and data centers supporting long-term growth and cash flow.
Read the full thesis - Ariel Focus FundJune 2025
Generac Holdings, Inc. is a leading global manufacturer of power generation equipment with a strong market position and growth potential due to increased awareness of home standby generators amidst rising power outage concerns.
Read the full thesis - Brown Advisory Small Cap GrowthMarch 2025
Generac is a potentially undervalued company with strong market share in home standby generators, expected EBITDA growth, and optionality for expansion from new product success.
Read the full thesis - Matrix Asset AdvisorsMarch 2025
Generac is a company focused on providing resilient and sustainable power solutions, with strong growth potential due to increasing demand for reliable energy.
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