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

Shares of Genuine Parts Company (NYSE:GPC) have been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $143.7143.

GPC has been the topic of a number of research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a report on Friday, March 27th. Truist Financial reduced 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. Zacks Research upgraded shares of Genuine Parts from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Evercore set a $160.00 target price on shares of Genuine Parts in a report on Friday, February 20th. Finally, UBS Group reduced their target price 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.

Genuine Parts Stock Performance

Shares of NYSE GPC opened at $103.69 on Monday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.48 and a current ratio of 1.09. The company has a market cap of $14.27 billion, a P/E ratio of 241.14 and a beta of 0.67. The firm’s fifty day moving average is $102.90 and its two-hundred day moving average is $117.36. Genuine Parts has a 52-week low of $90.78 and a 52-week high of $151.57.

Genuine Parts (NYSE:GPC) last announced its quarterly earnings results 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. The company had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.17 billion. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. Genuine Parts’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.75 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, analysts anticipate that Genuine Parts will post 7.67 EPS 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. Stockholders of record on Friday, June 5th will be issued 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 988.37%.

Insider Buying and Selling at Genuine Parts

In related news, insider James F. Howe sold 415 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $104.33, for a total transaction of $43,296.95. Following the transaction, the insider directly 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 document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.13% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Genuine Parts

Hedge funds have recently added to or reduced their stakes in the company. Olistico Wealth LLC bought a new position in Genuine Parts during the 4th quarter valued at about $25,000. Strive Financial Group LLC bought a new position in Genuine Parts during the 4th quarter valued at about $25,000. Community Bank N.A. bought a new position in Genuine Parts during the 3rd quarter valued at about $27,000. WPG Advisers LLC grew its holdings in Genuine Parts by 213.0% during the 4th quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 164 shares during the last quarter. Finally, Motiv8 Investments LLC bought a new position in Genuine Parts during the 4th quarter valued at about $31,000. 78.83% of the stock is currently owned by institutional investors.

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.