Genuine Parts (NYSE:GPC) Lowered to Strong Sell Rating by Zacks Research

Genuine Parts (NYSE:GPC) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports. Zacks Research also issued estimates for Genuine Parts’ Q1 2027 earnings at $2.01 EPS, Q2 2027 earnings at $2.06 EPS, Q3 2027 earnings at $2.02 EPS, Q4 2027 earnings at $1.96 EPS, FY2027 earnings at $8.05 EPS and FY2028 earnings at $9.73 EPS.

Other equities research analysts have also recently issued reports about the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a report on Monday, December 29th. Truist Financial set a $127.00 price target on Genuine Parts and gave the stock a “hold” rating in a research report on Wednesday, February 18th. Raymond James Financial upgraded Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price objective on the stock in a research note on Tuesday, February 24th. Evercore set a $160.00 price objective on Genuine Parts in a research report on Friday, February 20th. Finally, UBS Group decreased their target price on Genuine Parts from $150.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $145.57.

Genuine Parts Stock Up 0.1%

NYSE:GPC opened at $105.24 on Wednesday. The firm has a market capitalization of $14.64 billion, a price-to-earnings ratio of 228.78 and a beta of 0.75. The company has a quick ratio of 0.46, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. Genuine Parts has a twelve month low of $96.08 and a twelve month high of $151.57. The stock’s 50 day moving average price is $124.75 and its two-hundred day moving average price is $128.76.

Genuine Parts (NYSE:GPC) last released its earnings results on Tuesday, February 17th. The specialty retailer reported $1.55 earnings per share for the quarter, missing the consensus estimate of $1.79 by ($0.24). Genuine Parts had a net margin of 0.27% and a return on equity of 22.28%. The firm had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.06 billion. During the same period in the prior year, the business posted $1.61 earnings per share. Genuine Parts’s quarterly revenue was up 4.1% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Equities research analysts expect that Genuine Parts will post 7.9 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in GPC. Vanguard Group Inc. raised its stake in Genuine Parts by 0.3% in the third quarter. Vanguard Group Inc. now owns 17,365,970 shares of the specialty retailer’s stock valued at $2,406,923,000 after purchasing an additional 56,792 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in Genuine Parts in the 3rd quarter valued at about $4,213,000. Dana Investment Advisors Inc. raised its position in shares of Genuine Parts by 15.8% in the 3rd quarter. Dana Investment Advisors Inc. now owns 84,427 shares of the specialty retailer’s stock valued at $11,702,000 after buying an additional 11,539 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Genuine Parts by 4.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 549,830 shares of the specialty retailer’s stock worth $76,206,000 after acquiring an additional 21,820 shares during the period. Finally, Intech Investment Management LLC lifted its holdings in shares of Genuine Parts by 169.1% during the 3rd quarter. Intech Investment Management LLC now owns 26,733 shares of the specialty retailer’s stock worth $3,705,000 after acquiring an additional 16,797 shares during the period. Institutional investors and hedge funds own 78.83% of the company’s stock.

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.