Genuine Parts Company $GPC Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System cut its stake in Genuine Parts Company (NYSE:GPC) by 23.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 268,064 shares of the specialty retailer’s stock after selling 80,037 shares during the quarter. California Public Employees Retirement System’s holdings in Genuine Parts were worth $28,348,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Olistico Wealth LLC purchased a new stake in Genuine Parts during the 4th quarter worth approximately $25,000. Strive Financial Group LLC purchased a new position in shares of Genuine Parts in the fourth quarter valued at approximately $25,000. WPG Advisers LLC lifted 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 in the last quarter. Motiv8 Investments LLC acquired a new stake in shares of Genuine Parts in the fourth quarter worth approximately $31,000. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of Genuine Parts in the fourth quarter worth approximately $32,000. 78.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider James F. Howe sold 415 shares of Genuine Parts stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.33, for a total transaction of $43,296.95. Following the transaction, the insider owned 25,589 shares in the company, valued at $2,669,700.37. The trade was a 1.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.13% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on GPC shares. Zacks Research upgraded Genuine Parts from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. UBS Group lowered their target price on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. DA Davidson lifted their target price on shares of Genuine Parts from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a report on Wednesday, June 24th. Finally, Truist Financial reduced their target price on shares of Genuine Parts from $127.00 to $124.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Genuine Parts has an average rating of “Moderate Buy” and a consensus price target of $144.50.

Key Genuine Parts News

Here are the key news stories impacting Genuine Parts this week:

• Positive Sentiment: Genuine Parts Company reported Q2 adjusted EPS of $2.15, topping estimates of $2.10, while revenue of $6.54 billion also beat consensus; sales rose 6% year over year, helped by broad-based growth and strength in the industrial business. Genuine Parts Company Reports Second Quarter 2026 Results; Reaffirms 2026 Outlook for Adjusted EPS of $7.50 to $8.00
• Positive Sentiment: The company said execution remained disciplined and reaffirmed its 2026 adjusted EPS outlook of $7.50 to $8.00, signaling management confidence in the business despite a mixed operating backdrop. Genuine Parts Company Reports Second Quarter 2026 Results; Reaffirms 2026 Outlook for Adjusted EPS of $7.50 to $8.00
• Neutral Sentiment: Updated FY 2026 guidance calls for EPS of $7.50 to $8.00 and revenue of $25.0 billion to $25.6 billion, which is broadly in line with Wall Street expectations and may limit upside enthusiasm. Genuine Parts Company Reports Second Quarter 2026 Results; Reaffirms 2026 Outlook for Adjusted EPS of $7.50 to $8.00
• Neutral Sentiment: Investors are also parsing the earnings call transcript and presentation for details on demand trends, margins, and management’s outlook, but the key headline remains a modest beat with maintained guidance. Genuine Parts Company (GPC) Q2 2026 Earnings Call Transcript

Genuine Parts Price Performance

GPC stock opened at $119.70 on Wednesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.09 and a quick ratio of 0.48. The business has a 50 day simple moving average of $108.96 and a 200-day simple moving average of $115.53. The firm has a market capitalization of $16.47 billion, a PE ratio of 278.38 and a beta of 0.63. Genuine Parts Company has a 1 year low of $90.78 and a 1 year high of $151.57.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, beating the consensus estimate of $2.08 by $0.07. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The firm had revenue of $6.54 billion during the quarter, compared to analysts’ expectations of $6.43 billion. During the same quarter last year, the firm earned $2.10 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Equities research analysts anticipate that Genuine Parts Company will post 7.69 earnings per share for the current fiscal year.

Genuine Parts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th were paid a $1.0625 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.6%. Genuine Parts’s dividend payout ratio (DPR) 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.