Genuine Parts Company (NYSE:GPC) Receives Consensus Rating of “Moderate Buy” from Analysts

Genuine Parts Company (NYSE:GPC) has been given a consensus rating of “Moderate Buy” by the ten brokerages that are currently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $143.8750.

Several equities analysts recently weighed in on the stock. Truist Financial cut their price target on shares of Genuine Parts from $127.00 to $124.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a report on Friday, March 27th. DA Davidson assumed coverage on shares of Genuine Parts in a report on Tuesday, June 16th. They issued a “strong-buy” rating and a $145.00 price target on the stock. UBS Group cut their price target on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Finally, Zacks Research upgraded shares of Genuine Parts from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th.

Genuine Parts Stock Performance

GPC opened at $109.00 on Monday. Genuine Parts has a 52-week low of $90.78 and a 52-week high of $151.57. The company has a quick ratio of 0.48, a current ratio of 1.09 and a debt-to-equity ratio of 0.77. The company has a market cap of $15.00 billion, a P/E ratio of 253.48 and a beta of 0.67. The firm’s 50-day moving average price is $103.16 and its 200-day moving average price is $116.56.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.02. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. The firm had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.17 billion. During the same quarter in the prior year, the company posted $1.75 earnings per share. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, equities analysts anticipate that Genuine Parts will post 7.7 EPS for the current fiscal year.

Genuine Parts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 5th will be issued a $1.0625 dividend. This represents a $4.25 annualized dividend and a yield of 3.9%. The ex-dividend date is Friday, June 5th. Genuine Parts’s dividend payout ratio is 988.37%.

Insiders Place Their Bets

In related news, insider James F. Howe sold 415 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $104.33, for a total value of $43,296.95. Following the transaction, the insider owned 25,589 shares in the company, valued at approximately $2,669,700.37. This represents a 1.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On Genuine Parts

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Genuine Parts by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 17,365,970 shares of the specialty retailer’s stock valued at $2,406,923,000 after purchasing an additional 56,792 shares in the last quarter. Jefferies Financial Group Inc. purchased a new position in Genuine Parts in the 3rd quarter valued at $4,213,000. Dana Investment Advisors Inc. lifted its holdings in Genuine Parts by 15.8% in the 3rd quarter. Dana Investment Advisors Inc. now owns 84,427 shares of the specialty retailer’s stock valued at $11,702,000 after purchasing an additional 11,539 shares in the last quarter. Assetmark Inc. lifted its holdings in Genuine Parts by 33.0% in the 3rd quarter. Assetmark Inc. now owns 65,158 shares of the specialty retailer’s stock valued at $9,031,000 after purchasing an additional 16,156 shares in the last quarter. Finally, TABR Capital Management LLC purchased a new position in Genuine Parts in the 4th quarter valued at $4,217,000. Institutional investors and hedge funds own 78.83% of the company’s stock.

Genuine Parts Company 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.