Gencor Industries, Inc. $GENC reported stronger third-quarter 2026 results, with revenue rising 25.27% year over year to $33.8 million. Gross profit increased 32.07% to $9.4 million, while operating profit nearly doubled to $5.8 million, highlighting improved profitability across the business.
The company also posted solid bottom-line growth. Net income attributable to common shareholders climbed 48.46% to $5.7 million, and diluted earnings per share advanced 50% to $0.39. That performance topped analyst expectations, which called for earnings of $0.24 per share on revenue of $26.9 million.
On the cash flow side, operating activities used $16.7 million in cash during the quarter, while capital spending remained modest at $546,000. The balance sheet ended the period with $26.3 million in cash and cash equivalents and $14.2 million in total liabilities. The stock was up 1.34% from the market open.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Gencor Industries, Inc. Hedge Fund Activity
We have seen 43 institutional investors add shares of Gencor Industries, Inc. stock to their portfolio, and 35 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ESSEX INVESTMENT MANAGEMENT CO LLC removed 129,563 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $1,933,079
- SYSTEMATIC FINANCIAL MANAGEMENT LP removed 73,203 shares (-6.5%) from their portfolio in Q1 2026, for an estimated $1,098,045
- GAMCO INVESTORS, INC. ET AL added 44,000 shares (+17.0%) to their portfolio in Q1 2026, for an estimated $660,000
- LEGATO CAPITAL MANAGEMENT LLC removed 40,578 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $605,423
- RENAISSANCE TECHNOLOGIES LLC added 39,034 shares (+11.3%) to their portfolio in Q1 2026, for an estimated $585,510
- CREATIVE PLANNING added 34,394 shares (+inf%) to their portfolio in Q1 2026, for an estimated $515,910
- SEI INVESTMENTS CO added 28,807 shares (+91.7%) to their portfolio in Q1 2026, for an estimated $432,105
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.