Genuine Parts Company (NYSE:GPC) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Genuine Parts Company (NYSE:GPC) have been assigned a consensus rating of “Moderate Buy” from the ten ratings firms that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $143.8750.

A number of research firms have commented on GPC. DA Davidson began coverage on shares of Genuine Parts in a report on Tuesday. They issued a “strong-buy” rating and a $145.00 price target for the company. UBS Group reduced their price target 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. Zacks Research upgraded shares of Genuine Parts from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Weiss Ratings restated a “hold (c-)” rating on shares of Genuine Parts in a report on Friday, March 27th. Finally, Evercore set a $160.00 price target on shares of Genuine Parts in a report on Friday, February 20th.

Insider Buying and Selling

In other Genuine Parts news, insider James F. Howe sold 415 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $104.33, for a total value of $43,296.95. Following the completion of the sale, the insider directly owned 25,589 shares in the company, valued at approximately $2,669,700.37. This trade represents a 1.60% decrease in their ownership of the stock. The transaction 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. Insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On Genuine Parts

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in shares of 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 buying an additional 56,792 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in shares of Genuine Parts in the third quarter valued at $4,213,000. Dana Investment Advisors Inc. lifted its stake in shares of Genuine Parts by 15.8% in the third 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. TABR Capital Management LLC bought a new position in shares of Genuine Parts in the fourth quarter valued at $4,217,000. Finally, Assetmark Inc. lifted its stake in shares of Genuine Parts by 33.0% in the third quarter. Assetmark Inc. now owns 65,158 shares of the specialty retailer’s stock valued at $9,031,000 after buying an additional 16,156 shares in the last quarter. 78.83% of the stock is currently owned by institutional investors and hedge funds.

Genuine Parts Trading Up 0.3%

GPC opened at $109.00 on Monday. Genuine Parts has a twelve month low of $90.78 and a twelve month high of $151.57. The company has a quick ratio of 0.48, a current ratio of 1.09 and a debt-to-equity ratio of 0.77. The company has a fifty day moving average of $103.16 and a 200-day moving average of $116.65. The stock has a market cap of $15.00 billion, a PE ratio of 253.48 and a beta of 0.66.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.02. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. The company had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $6.17 billion. During the same period in the prior year, the company posted $1.75 earnings per share. Genuine Parts’s revenue for the quarter 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. On average, sell-side analysts predict that Genuine Parts will post 7.7 EPS for the current year.

Genuine Parts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th will be issued a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Friday, June 5th. Genuine Parts’s dividend payout ratio (DPR) is presently 988.37%.

About Genuine Parts

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.