In this piece, we will take a look at the five biggest generator companies in the world. For more companies, head on over to 12 Biggest Generator Companies in the World.
5. Cummins Inc. (NYSE:CMI)
Market Value as of November 29, 2022: $34.64 billion
Cummins Inc. (NYSE:CMI) is an American industrial equipment provider with products such as engines, turbochargers, sensors control modules, standby, and prime power generators, A/C generators, and alternators. The firm is headquartered in Columbus, Indiana.
Cummins Inc. (NYSE:CMI)’s generators are capable of using gas, natural gas, propane, or diesel for generating power. They can be used by recreational vehicles, the healthcare sector, data centers, and even ships. The high horsepower, commercial generators are capable of generating a whopping 3,000 kW of electricity at prime levels.
Insider Monkey studied 920 hedge fund portfolios for their Q3 2022 investments and discovered that 32 had held a stake in Cummins Inc. (NYSE:CMI).
Cummins Inc. (NYSE:CMI)’s largest investor is Jean-Marie Eveillard’s First Eagle Investment Management which owns 2 million shares that are worth $407 million.
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4. Honda Motor Co., Ltd. (NYSE:HMC)
Market Value as of November 29, 2022: $41.24 billion
Honda Motor Co., Ltd. (NYSE:HMC) is a Japanese firm that sells cars, motorbikes, and other mechanical products. The firm is headquartered in Tokyo, Japan.
Honda Motor Co., Ltd. (NYSE:HMC) has fourteen different generators in its product portfolio. These range from EU1000i generator which uses a 49 cc engine and generates 1,000 Watts of power, to the EB10,000 beast which generates 10,000 Watts and uses a 688 cc engine.
By the end of this year’s third quarter, ten out of the 920 hedge funds part of Insider Monkey’s survey had invested in Honda Motor Co., Ltd. (NYSE:HMC).
Honda Motor Co., Ltd. (NYSE:HMC)’s largest shareholder is Ken Fisher’s Fisher Asset Management which owns nine million shares that are worth $195 million.
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3. Atlas Copco AB (STO:ATCO-A.ST)
Market Value as of November 29, 2022: $59.47 billion (1SEK = 0.095USD)
Atlas Copco AB (STO:ATCO-A.ST) is a Swedish firm that was set up in 1873 and is headquartered in Nacka, Sweden. The firm provides compressors, blowers, gas treatment equipment, generators, pumps, and boosters.
Atlas Copco AB (STO:ATCO-A.ST) sells large, mobile, and portable generators. Its TwinPower generator is a containerized product that is capable of generating 1450kW of electricity at prime levels. Additionally, the generator requires only two hours of maintenance for every 500 hours of operation and since it uses two generators, it is possible for one of these to be online while the other is under maintenance.
2. Caterpillar Inc. (NYSE:CAT)
Market Value as of November 29, 2022: $121 billion
Caterpillar Inc. (NYSE:CAT) is an American firm that manufactures and sells industrial equipment. The firm is headquartered in Deerfield, Illinois.
Caterpillar Inc. (NYSE:CAT) sells diesel, gas, and mobile generators. These range from 6 kW to a whopping 3,125 kW for diesel products, 100 kW to 4,500 kW for natural gas generators, and 30 kWA to 2,375 kWA for mobile generators.
Insider Monkey’s Q3 2022 study analyzed 920 hedge fund portfolios to determine that 43 had held a stake in Caterpillar Inc. (NYSE:CAT).
Michael Larson’s Bill & Melinda Gates Foundation Trust is Caterpillar Inc. (NYSE:CAT)’s largest stakeholder through owning 7.3 million shares that are worth $1.2 billion.
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1. Deere & Company (NYSE:DE)
Market Value as of November 29, 2022: $133 billion
Deere & Company (NYSE:DE) is another American industrial firm that is also one of the oldest of its kind in the world since it was set up in 1837. The company is headquartered in Moline, Illinois, and it provides products to agriculture, construction, production, and other industries.
Deere & Company (NYSE:DE) provides generators for both commercial and residential use cases. Additionally, its motors are also used by other generator manufacturers, and the firm has partnered up with Kohler to build an outdoor standby generator as well.
57 out of the 920 hedge funds polled by Insider Monkey had bought Deere & Company (NYSE:DE)’s shares during this year’s September quarter.
Michael Larson’s Bill & Melinda Gates Foundation Trust is Deere & Company (NYSE:DE) ‘s largest investor. It owns 3.9 million shares that are worth $1.3 billion.
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Disclosure: None. You can also take a look at 10 Best Roth IRA Stocks To Buy and 15 Best Consistent Dividend Stocks to Buy.