Genuine Parts Company (NYSE:GPC) Given Consensus Recommendation of “Moderate Buy” by Analysts

Genuine Parts Company (NYSE:GPC) has earned a consensus rating of “Moderate Buy” from the ten analysts that are currently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $144.50.

Several equities analysts have commented on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a report on Wednesday, June 24th. UBS Group reduced their price objective on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. DA Davidson upped their price objective on shares of Genuine Parts from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Monday. Zacks Research upgraded shares of Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Finally, 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.

Insider Activity

In other news, insider James F. Howe sold 415 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $104.33, for a total value of $43,296.95. Following the sale, the insider directly 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.13% of the company’s stock.

Institutional Trading of Genuine Parts

Several hedge funds have recently added to or reduced their stakes in the business. Olistico Wealth LLC acquired a new stake in Genuine Parts in the 4th quarter valued at approximately $25,000. Strive Financial Group LLC acquired a new position in shares of Genuine Parts during the fourth quarter worth approximately $25,000. Community Bank N.A. bought a new stake in shares of Genuine Parts in the third quarter valued at approximately $27,000. WPG Advisers LLC boosted its position in shares of Genuine Parts by 213.0% in the fourth quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock valued at $30,000 after acquiring an additional 164 shares during the period. Finally, Motiv8 Investments LLC bought a new stake in shares of Genuine Parts in the fourth quarter valued at approximately $31,000. Institutional investors own 78.83% of the company’s stock.

Genuine Parts Stock Performance

GPC opened at $124.32 on Friday. 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 $17.11 billion, a PE ratio of 289.12 and a beta of 0.63. The stock has a 50-day moving average of $105.90 and a 200-day moving average of $115.61. Genuine Parts has a 52-week low of $90.78 and a 52-week high of $151.57.

Genuine Parts (NYSE:GPC) last issued its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share for the quarter, beating 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 business had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.17 billion. During the same period last year, the business earned $1.75 EPS. The firm’s revenue 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 research analysts forecast that Genuine Parts will post 7.69 earnings per share for the current fiscal year.

Genuine Parts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th were issued a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Friday, June 5th. Genuine Parts’s dividend payout ratio is 988.37%.

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.