Barclays PLC Boosts Stock Holdings in Genuine Parts Company $GPC

Barclays PLC boosted its position in Genuine Parts Company (NYSE:GPC) by 10.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,901,362 shares of the specialty retailer’s stock after purchasing an additional 373,065 shares during the period. Barclays PLC owned about 2.80% of Genuine Parts worth $479,711,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of GPC. Olistico Wealth LLC purchased a new position in Genuine Parts in the fourth quarter valued at approximately $25,000. Community Bank N.A. bought a new position in Genuine Parts in the 3rd quarter worth approximately $27,000. WPG Advisers LLC boosted 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 worth $30,000 after buying an additional 164 shares during the period. Lodestone Wealth Management LLC bought a new position in Genuine Parts in the 4th quarter worth approximately $32,000. Finally, Elyxium Wealth LLC bought a new position in Genuine Parts in the 4th quarter worth approximately $33,000. Hedge funds and other institutional investors own 78.83% of the company’s stock.

Insider Activity

In other Genuine Parts news, insider James F. Howe sold 415 shares of the business’s stock in a transaction dated 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. The trade was a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.13% of the company’s stock.

Genuine Parts Price Performance

GPC stock opened at $103.69 on Friday. The firm’s 50-day moving average price is $102.90 and its two-hundred day moving average price is $117.42. Genuine Parts Company has a 12-month low of $90.78 and a 12-month high of $151.57. The stock has a market capitalization of $14.27 billion, a price-to-earnings ratio of 241.14 and a beta of 0.66. 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 (NYSE:GPC) last released its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $6.17 billion. During the same quarter in the previous year, the company earned $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 predict that Genuine Parts Company will post 7.67 earnings per share for the current year.

Genuine Parts Dividend Announcement

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 4.1%. Genuine Parts’s payout ratio is presently 988.37%.

Analyst Ratings Changes

Several research analysts have commented 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 for the company in a report on Wednesday, April 22nd. UBS Group lowered their price objective on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a research note on Friday, March 27th. Evercore set a $160.00 price target on shares of Genuine Parts in a research note on Friday, February 20th. Finally, Zacks Research raised shares of Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Genuine Parts has an average rating of “Moderate Buy” and a consensus target price of $143.71.

About Genuine Parts

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.