Elevated Capital Advisors LLC Boosts Stock Holdings in Genuine Parts Company $GPC

Elevated Capital Advisors LLC raised its position in shares of Genuine Parts Company (NYSE:GPC) by 693.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,141 shares of the specialty retailer’s stock after purchasing an additional 5,367 shares during the period. Elevated Capital Advisors LLC’s holdings in Genuine Parts were worth $649,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Olistico Wealth LLC bought a new position in shares of Genuine Parts during the 4th quarter worth $25,000. Strive Financial Group LLC purchased a new stake in Genuine Parts in the 4th quarter worth about $25,000. Community Bank N.A. bought a new stake in Genuine Parts in the 3rd quarter valued at about $27,000. WPG Advisers LLC raised its stake 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 acquiring an additional 164 shares during the period. Finally, Motiv8 Investments LLC purchased a new stake in Genuine Parts during the fourth quarter valued at about $31,000. 78.83% of the stock is owned by hedge funds and other institutional investors.

Genuine Parts Stock Performance

Shares of GPC opened at $125.70 on Friday. Genuine Parts Company has a 52-week low of $90.78 and a 52-week high of $151.57. The stock’s 50-day simple moving average is $106.35 and its 200 day simple moving average is $115.68. 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 stock has a market capitalization of $17.30 billion, a price-to-earnings ratio of 292.33 and a beta of 0.63.

Genuine Parts (NYSE:GPC) last posted its earnings results 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 during the quarter, compared to analyst estimates of $6.17 billion. During the same quarter in the previous year, the firm earned $1.75 EPS. The company’s quarterly 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. Research analysts forecast that Genuine Parts Company will post 7.69 EPS for the current fiscal year.

Genuine Parts Announces Dividend

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

Insider Buying and Selling

In related news, insider James F. Howe sold 415 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were 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 of the company’s stock, valued at approximately $2,669,700.37. The trade was a 1.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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.

Analyst Ratings Changes

A number of equities analysts have weighed in on GPC shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research report on Wednesday, June 24th. DA Davidson upped their price target on shares of Genuine Parts from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Monday. Truist Financial cut their price objective 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 cut their price objective on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Finally, Zacks Research upgraded shares of Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Genuine Parts currently has a consensus rating of “Moderate Buy” and a consensus target price of $144.50.

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.