Silvercrest Asset Management Group 13F: Adds $32M to GNRC Stake

Silvercrest Doubles Down on Generac

Silvercrest Asset Management Group expanded its investment in Generac Holdings Inc. (NYSE: GNRC) during the most recent quarter. According to its latest Form 13F filing with the SEC, the firm grew its stake in the energy technology manufacturer by 140.77%. It purchased 108,882 shares, bringing its total holdings to 186,230 shares.

The newly expanded position was valued at $54.53 million at the close of the reporting period. This aggressive purchase shows a strong commitment to Generac, contrasting with Silvercrest's recent moves to trim other industrial and medical holdings like KNF and ICU Medical.

Generac Stock Trades Near Yearly Highs

On Saturday, Generac shares were priced at $292.81. The stock has been trading in a 52-week range of $134.80 to $296.44. Current trading levels are well above the company's 50-day moving average of $203.24 and its 200-day moving average of $215.90.

Generac has a market value of $11.72 billion. Its price-to-earnings (P/E) ratio sits at 49.23, reflecting a premium valuation from investors, though its forward P/E is a more modest 15.27.

Growth Driven by Recent Earnings

Generac's financial performance supports this institutional interest. The company reported annual revenue of $4.44 billion, showing a revenue growth rate of 10.60%.

Generac maintained a net margin of 5.82% and achieved a return on equity of 9.49% for the period. Its diluted earnings per share (EPS) stood at $4.03. Investors looking for the next financial update can mark October 28, 2026, on their calendars, when the company is scheduled to release its next quarterly earnings report.

Wall Street Analysts Lean Bullish

Research firms have kept a close eye on Generac, with several raising targets in recent months. On October 8, 2026, Piper Sandler initiated coverage on the stock with an Overweight rating and a $303.00 price target. On the same day, Keybanc upgraded Generac to an Overweight rating with a target of $280.00.

Other updates include Cantor Fitzgerald maintaining an Overweight rating on October 5, 2026, with a $297.00 price target, down from its prior $333.00 target. Meanwhile, Citigroup lowered its target to $232.00 from $300.00 on September 30, 2026, while maintaining a Neutral stance. Overall, 18 analysts cover the stock, yielding a consensus Buy recommendation with an average price target of $287.78.

About Generac Holdings

Generac Holdings designs and manufactures power generation equipment and energy technology solutions. Founded in 1959 and based in Waukesha, Wisconsin, the company is widely known for its residential standby generators, portable power systems, and commercial energy storage products. As power grid reliability remains a primary concern for homeowners and businesses alike, Generac has expanded its reach into smart home energy management and clean energy software.

What to Watch

Investors will want to track whether Silvercrest continues to build its position in Generac or if this latest surge represents a completed portfolio adjustment. As 13F filings are backward-looking and released up to 45 days after the quarter ends, these disclosures show where the fund stood in the past and may not reflect its real-time portfolio today.