15,144 Genuine Parts Company $GPC Shares Sold by Vest Financial LLC

Vest Financial LLC trimmed its stake in Genuine Parts Company (NYSE:GPC) by 3.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 407,104 shares of the specialty retailer’s stock after selling 15,144 shares during the period. Vest Financial LLC’s holdings in Genuine Parts were worth $51,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cantor Fitzgerald Investment Advisors L.P. grew its holdings in Genuine Parts by 4.6% during the third quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 130,625 shares of the specialty retailer’s stock valued at $16,425,000 after purchasing an additional 5,722 shares during the period. Axxcess Wealth Management LLC raised its stake in shares of Genuine Parts by 121.3% in the third quarter. Axxcess Wealth Management LLC now owns 4,085 shares of the specialty retailer’s stock worth $514,000 after buying an additional 2,239 shares during the period. Albion Financial Group UT raised its stake in shares of Genuine Parts by 1.0% in the third quarter. Albion Financial Group UT now owns 19,993 shares of the specialty retailer’s stock worth $2,514,000 after buying an additional 204 shares during the period. Wagner Wealth Management Corp bought a new position in shares of Genuine Parts in the third quarter worth about $466,000. Finally, C2C Wealth Management LLC lifted its position in shares of Genuine Parts by 3.8% during the 3rd quarter. C2C Wealth Management LLC now owns 2,750 shares of the specialty retailer’s stock valued at $346,000 after buying an additional 100 shares in the last quarter. 78.83% of the stock is currently owned by hedge funds and other institutional investors.

Genuine Parts Price Performance

Shares of Genuine Parts stock opened at $124.78 on Thursday. The company has a market capitalization of $17.20 billion, a price-to-earnings ratio of 499.11, a PEG ratio of 2.30 and a beta of 0.67. The company has a quick ratio of 0.50, a current ratio of 1.22 and a debt-to-equity ratio of 0.96. The stock’s 50-day simple moving average is $131.70 and its 200-day simple moving average is $118.96. 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 earnings results on Tuesday, October 20th. The specialty retailer reported $2.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.03. The firm had revenue of $6.52 billion during the quarter, compared to analysts’ expectations of $6.49 billion. Genuine Parts had a return on equity of 23.00% and a net margin of 0.12%. The firm’s revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the business posted $1.98 earnings per share. As a group, analysts expect that Genuine Parts Company will post 7.69 earnings per share for the current fiscal year.

Genuine Parts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 4th were paid a $1.0625 dividend. This represents a $4.25 annualized dividend and a yield of 3.4%. The ex-dividend date was Friday, September 4th. Genuine Parts’s dividend payout ratio is presently 1,700.00%.

Key Stories Impacting Genuine Parts

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

• Positive Sentiment: GPC reported third-quarter adjusted EPS of $2.07, above the $2.04 analyst consensus, while revenue rose 4.2% year over year to $6.52 billion, slightly exceeding the $6.49 billion estimate. Genuine Parts Company Reports Third Quarter 2026 Results
• Positive Sentiment: The Industrial segment delivered stronger performance, with sales increasing 6% to approximately $2.4 billion. The company also expects to complete its corporate separation in early 2027, which could create longer-term strategic value. Genuine Parts: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: UBS raised its price target to $125 from $122 but retained a Neutral rating, indicating limited conviction that near-term upside will be substantial. UBS Adjusts Price Target on Genuine Parts
• Negative Sentiment: GPC narrowed fiscal 2026 adjusted EPS guidance to $7.50–$7.75 from $7.50–$8.00. The midpoint is below the $7.73 consensus estimate, while revenue guidance of $25.0–$25.6 billion provides little upside versus the $25.5 billion forecast. Genuine Parts Q3 Adjusted Earnings and Outlook
• Negative Sentiment: Automotive margin pressure, inflation and broader macroeconomic uncertainty are weighing on earnings quality and the outlook, offsetting the sales beat and contributing to the stock’s decline. GPC Q3 Earnings and Automotive Margin Pressure

Analyst Ratings Changes

GPC has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on Genuine Parts from $125.00 to $137.00 and gave the company an “overweight” rating in a research note on Monday, October 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Genuine Parts in a research note on Monday, September 21st. Truist Financial raised their target price on shares of Genuine Parts from $126.00 to $131.00 and gave the stock a “hold” rating in a research note on Tuesday. DA Davidson lifted their price target on shares of Genuine Parts from $150.00 to $170.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Finally, UBS Group upped their price target on shares of Genuine Parts from $122.00 to $125.00 and gave the stock a “neutral” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Genuine Parts currently has a consensus rating of “Moderate Buy” and an average target price of $144.29.

Genuine Parts Company Profile

Genuine Parts Company (NYSE:GPC) is a distributor of automotive and industrial replacement parts. Its Automotive Parts Group supplies components and accessories for cars, trucks and other vehicles, serving professional repair shops, commercial customers and do-it-yourself consumers through distribution networks, stores and digital channels.

The company’s Industrial Parts Group distributes products used to maintain and repair manufacturing, commercial and other industrial equipment. Its offerings include bearings, power-transmission components, motion-control products, industrial supplies and related maintenance, repair and operations products.