WINTON GROUP Ltd Acquires Shares of 10,184 Genuine Parts Company $GPC

WINTON GROUP Ltd bought a new position in shares of Genuine Parts Company (NYSE:GPC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,184 shares of the specialty retailer’s stock, valued at approximately $1,412,000.

Other large investors have also recently modified their holdings of the company. Russell Investments Group Ltd. lifted its position in shares of Genuine Parts by 29.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 58,542 shares of the specialty retailer’s stock worth $8,118,000 after buying an additional 13,161 shares during the last quarter. Schroder Investment Management Group grew its position in Genuine Parts by 14.3% in the third quarter. Schroder Investment Management Group now owns 9,384 shares of the specialty retailer’s stock valued at $1,301,000 after acquiring an additional 1,171 shares during the last quarter. ProVise Management Group LLC raised its stake in Genuine Parts by 1.0% during the third quarter. ProVise Management Group LLC now owns 22,007 shares of the specialty retailer’s stock worth $3,050,000 after acquiring an additional 225 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in shares of Genuine Parts in the third quarter worth about $4,213,000. Finally, B. Metzler seel. Sohn & Co. AG increased its position in Genuine Parts by 1.0% during the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 20,020 shares of the specialty retailer’s stock worth $2,775,000 after purchasing an additional 199 shares in the last quarter. Institutional investors and hedge funds own 78.83% of the company’s stock.

Wall Street Analysts Forecast Growth

GPC has been the topic of a number of research reports. Truist Financial set a $127.00 target price on shares of Genuine Parts and gave the stock a “hold” rating in a research note on Wednesday, February 18th. UBS Group reduced their price objective on Genuine Parts from $150.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research report on Monday, December 29th. The Goldman Sachs Group raised Genuine Parts from a “sell” rating to a “neutral” rating and lifted their price target for the company from $130.00 to $142.00 in a research note on Thursday, November 13th. Finally, Evercore set a $160.00 price objective on Genuine Parts in a research note on Friday, February 20th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $145.57.

Genuine Parts Price Performance

Shares of NYSE:GPC opened at $109.24 on Thursday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.46 and a current ratio of 1.08. Genuine Parts Company has a 52 week low of $104.01 and a 52 week high of $151.57. The firm has a market cap of $15.20 billion, a PE ratio of 237.47 and a beta of 0.75. The firm’s fifty day moving average is $130.23 and its 200-day moving average is $131.48.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings data on Tuesday, February 17th. The specialty retailer reported $1.55 earnings per share for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.24). The company had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.06 billion. Genuine Parts had a net margin of 0.27% and a return on equity of 22.28%. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.61 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Sell-side analysts predict that Genuine Parts Company will post 7.9 earnings per share for the current year.

Genuine Parts Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th will be given a dividend of $1.0625 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $4.25 dividend on an annualized basis and a yield of 3.9%. This is a boost from Genuine Parts’s previous quarterly dividend of $1.03. Genuine Parts’s payout ratio is currently 923.91%.

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.