Vaughan David Investments LLC IL Purchases 5,700 Shares of Genuine Parts Company $GPC

Vaughan David Investments LLC IL lifted its position in Genuine Parts Company (NYSE:GPC) by 1.8% during the 4th quarter, Holdings Channel reports. The firm owned 322,912 shares of the specialty retailer’s stock after acquiring an additional 5,700 shares during the period. Vaughan David Investments LLC IL’s holdings in Genuine Parts were worth $39,705,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Olistico Wealth LLC bought a new position in shares of Genuine Parts in the fourth quarter worth approximately $25,000. Community Bank N.A. bought a new position in shares of Genuine Parts in the third quarter worth approximately $27,000. WPG Advisers LLC grew its holdings in shares of Genuine Parts by 213.0% in the fourth quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 164 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in shares of Genuine Parts in the fourth quarter worth approximately $32,000. Finally, Elyxium Wealth LLC bought a new position in shares of Genuine Parts in the fourth quarter worth approximately $33,000. Institutional investors own 78.83% of the company’s stock.

Genuine Parts Stock Performance

Shares of GPC stock opened at $102.27 on Friday. The stock has a fifty day moving average of $102.93 and a 200 day moving average of $117.52. Genuine Parts Company has a 52 week low of $90.78 and a 52 week high of $151.57. The firm has a market capitalization of $14.07 billion, a price-to-earnings ratio of 237.84 and a beta of 0.66. The company has a quick ratio of 0.48, a current ratio of 1.09 and a debt-to-equity ratio of 0.77.

Genuine Parts (NYSE:GPC) last announced its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.02. The company had revenue of $6.26 billion during the quarter, compared to analyst estimates of $6.17 billion. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The firm’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.75 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, research analysts expect that Genuine Parts Company will post 7.67 earnings per share for the current year.

Genuine Parts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th will be given a dividend of $1.0625 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $4.25 annualized dividend and a yield of 4.2%. Genuine Parts’s dividend payout ratio (DPR) is currently 988.37%.

Analysts Set New Price Targets

GPC has been the subject of a number of research analyst reports. UBS Group dropped their price target on Genuine Parts from $135.00 to $125.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Evercore set a $160.00 price target on Genuine Parts in a research note on Friday, February 20th. Zacks Research raised Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Raymond James Financial raised Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price target for the company in a research note on Tuesday, February 24th. Finally, Truist Financial dropped their price target on Genuine Parts from $127.00 to $124.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Genuine Parts has an average rating of “Moderate Buy” and an average target price of $143.71.

Insider Buying and Selling

In other Genuine Parts news, insider James F. Howe sold 415 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.33, for a total transaction of $43,296.95. Following the completion of the transaction, the insider owned 25,589 shares of the company’s stock, valued at approximately $2,669,700.37. This trade represents a 1.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.13% of the company’s stock.

Genuine Parts Profile

Genuine Parts Company (NYSE: GPC) is a global distributor of automotive replacement parts, industrial parts and business products with a history dating back to 1928. Headquartered in Atlanta, Georgia, the company operates a broad distribution network and retail presence serving repair shops, independent retailers, industrial customers and commercial accounts. Its business model centers on stocking and delivering a wide range of parts and supplies to support aftermarket and maintenance needs across multiple end markets.

Genuine Parts conducts its operations through several well-known operating groups and subsidiaries.