DB&C Advisors LLC Buys Shares of 6,905 Genuine Parts Company $GPC

DB&C Advisors LLC bought a new stake in Genuine Parts Company (NYSE:GPC) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,905 shares of the specialty retailer’s stock, valued at approximately $849,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GPC. Olistico Wealth LLC acquired a new stake in Genuine Parts in the 4th quarter valued at approximately $25,000. Community Bank N.A. acquired a new stake in Genuine Parts in the 3rd quarter valued at approximately $27,000. WPG Advisers LLC grew its holdings in Genuine Parts by 213.0% in the 4th quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 164 shares during the last quarter. Lodestone Wealth Management LLC acquired a new stake in Genuine Parts in the 4th quarter valued at approximately $32,000. Finally, Elyxium Wealth LLC acquired a new stake in Genuine Parts in the 4th quarter valued at approximately $33,000. Institutional investors and hedge funds own 78.83% of the company’s stock.

Genuine Parts Price Performance

Shares of GPC stock opened at $98.05 on Friday. The stock has a 50 day moving average of $103.39 and a two-hundred day moving average of $118.33. The company has a current ratio of 1.09, a quick ratio of 0.48 and a debt-to-equity ratio of 0.77. Genuine Parts Company has a 12 month low of $90.78 and a 12 month high of $151.57. The company has a market capitalization of $13.49 billion, a P/E ratio of 228.02 and a beta of 0.66.

Genuine Parts (NYSE:GPC) last announced its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.02. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The company had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.17 billion. During the same quarter last year, the company earned $1.75 EPS. The company’s quarterly revenue was up 6.8% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, equities analysts expect that Genuine Parts Company will post 7.65 EPS 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 $1.0625 dividend. The ex-dividend date is Friday, June 5th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 4.3%. Genuine Parts’s dividend payout ratio (DPR) is currently 988.37%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Evercore set a $160.00 target price on Genuine Parts in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a report on Friday, March 27th. Raymond James Financial upgraded Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price objective for the company in a research report on Tuesday, February 24th. Truist Financial reduced their price objective on Genuine Parts from $127.00 to $124.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Finally, Zacks Research upgraded Genuine Parts from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Genuine Parts has a consensus rating of “Moderate Buy” and a consensus price target of $143.71.

Insider Activity at Genuine Parts

In related news, insider James F. Howe sold 415 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at $2,669,700.37. This trade represents a 1.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 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.