Diversified Trust Co Has $1.03 Million Stock Holdings in Genuine Parts Company $GPC

Diversified Trust Co increased its position in shares of Genuine Parts Company (NYSE:GPC) by 99.8% during the 1st quarter, Holdings Channel reports. The fund owned 9,782 shares of the specialty retailer’s stock after buying an additional 4,886 shares during the quarter. Diversified Trust Co’s holdings in Genuine Parts were worth $1,034,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Olistico Wealth LLC acquired a new stake in Genuine Parts in the fourth quarter worth $25,000. Strive Financial Group LLC bought a new position in shares of Genuine Parts during the fourth quarter worth $25,000. Community Bank N.A. acquired a new position in shares of Genuine Parts in the 3rd quarter valued at $27,000. WPG Advisers LLC grew its holdings in shares of 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 period. Finally, Motiv8 Investments LLC bought a new stake in shares of Genuine Parts in the 4th quarter valued at $31,000. Institutional investors and hedge funds own 78.83% of the company’s stock.

Genuine Parts Stock Up 1.4%

Shares of Genuine Parts stock opened at $106.54 on Wednesday. The firm has a market cap of $14.66 billion, a PE ratio of 247.77 and a beta of 0.66. The business’s 50 day simple moving average is $103.07 and its 200 day simple moving average is $116.23. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.48 and a current ratio of 1.09. Genuine Parts Company has a 52-week low of $90.78 and a 52-week high of $151.57.

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

Genuine Parts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 5th will be issued a dividend of $1.0625 per share. The ex-dividend date is Friday, June 5th. This represents a $4.25 annualized dividend and a yield of 4.0%. Genuine Parts’s dividend payout ratio is presently 988.37%.

Insider Buying and Selling

In related news, insider James F. Howe sold 415 shares of the firm’s stock in a transaction 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

GPC has been the topic of several research analyst reports. Raymond James Financial raised Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price objective on the stock in a research note on Tuesday, February 24th. DA Davidson started coverage on Genuine Parts in a research report on Tuesday, June 16th. They set a “strong-buy” rating and a $145.00 price target on the stock. UBS Group decreased their price objective on Genuine Parts from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Truist Financial dropped their target price 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. 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. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $143.88.

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.