Western Wealth Management LLC Buys 5,285 Shares of Genuine Parts Company $GPC

Western Wealth Management LLC raised its position in Genuine Parts Company (NYSE:GPC) by 306.4% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 7,010 shares of the specialty retailer’s stock after buying an additional 5,285 shares during the quarter. Western Wealth Management LLC’s holdings in Genuine Parts were worth $741,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Strive Financial Group LLC acquired a new position in Genuine Parts during the 4th quarter worth approximately $25,000. WPG Advisers LLC grew its stake in shares of Genuine Parts by 213.0% during the fourth quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock worth $30,000 after buying an additional 164 shares during the last quarter. Motiv8 Investments LLC bought a new stake in shares of Genuine Parts during the fourth quarter worth $31,000. Elyxium Wealth LLC bought a new position in shares of Genuine Parts in the 4th quarter valued at $33,000. Finally, Quest 10 Wealth Builders Inc. boosted its holdings in shares of Genuine Parts by 426.9% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 274 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 222 shares in the last quarter. Institutional investors own 78.83% of the company’s stock.

Genuine Parts News Summary

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

• Positive Sentiment: GPC recently formed a bullish “golden cross,” with its 50-day moving average moving above its 200-day average after the stock found support. This technical signal may attract momentum-oriented investors and helps explain the recent rise in shares. Genuine Parts Technical Outlook Article
• Positive Sentiment: The company declared a quarterly dividend of $1.0625 per share, payable October 2 to shareholders of record September 4. The dividend implies approximately $4.25 in annualized payments and a 3.2% yield, supporting GPC’s appeal to income-focused investors.
• Neutral Sentiment: Zacks Research maintained a Hold rating. Its revised estimates still call for fiscal 2027 and fiscal 2028 EPS of $8.23 and $9.57, respectively, but the changes reflect a mixed outlook rather than a clear improvement in fundamentals.
• Negative Sentiment: Zacks lowered estimates for fiscal 2027 EPS to $8.23 from $8.41 and fiscal 2028 EPS to $9.57 from $9.76. Quarterly estimates were also reduced for the first, third and fourth quarters of fiscal 2027. These cuts suggest analysts see somewhat weaker future earnings momentum.
• Negative Sentiment: For fiscal 2026, Zacks made only a modest net improvement, raising its EPS forecast to $7.68 from $7.58 while lowering the fourth-quarter estimate to $1.71 from $1.76. With GPC trading well above its 200-day average and carrying a very high reported P/E ratio, investors may be sensitive to additional earnings disappointments.

Genuine Parts Stock Performance

Shares of Genuine Parts stock opened at $135.32 on Friday. The business has a 50-day simple moving average of $120.01 and a 200 day simple moving average of $115.41. Genuine Parts Company has a one year low of $90.78 and a one year high of $151.57. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.16 and a quick ratio of 0.50. The firm has a market capitalization of $18.65 billion, a price-to-earnings ratio of 541.26 and a beta of 0.63.

Genuine Parts (NYSE:GPC) last released its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.07. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The firm had revenue of $6.54 billion for the quarter, compared to analyst estimates of $6.43 billion. During the same period last year, the firm earned $2.10 earnings per share. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, research analysts anticipate that Genuine Parts Company will post 7.73 earnings per share for the current fiscal year.

Genuine Parts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 4th will be issued a $1.0625 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $4.25 annualized dividend and a dividend yield of 3.1%. Genuine Parts’s dividend payout ratio is currently 1,700.00%.

Analysts Set New Price Targets

GPC has been the subject of several research reports. Truist Financial increased their target price on Genuine Parts from $124.00 to $126.00 and gave the company a “hold” rating in a research report on Wednesday, July 22nd. DA Davidson boosted their price target on Genuine Parts from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. UBS Group reiterated a “neutral” rating and issued a $122.00 price target on shares of Genuine Parts in a research report on Wednesday, July 22nd. Evercore restated an “outperform” rating on shares of Genuine Parts in a research report on Wednesday, July 22nd. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $165.00 target price on shares of Genuine Parts in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Genuine Parts presently has a consensus rating of “Moderate Buy” and an average price target of $147.86.

Genuine Parts 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.