Sapient Capital LLC Sells 5,740 Shares of Genuine Parts Company $GPC

Sapient Capital LLC decreased its holdings in shares of Genuine Parts Company (NYSE:GPC) by 6.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 82,492 shares of the specialty retailer’s stock after selling 5,740 shares during the quarter. Sapient Capital LLC’s holdings in Genuine Parts were worth $10,322,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Genuine Parts by 0.3% in the 3rd 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 during the last quarter. Jefferies Financial Group Inc. purchased a new position in Genuine Parts in the 3rd quarter valued at approximately $4,213,000. Dana Investment Advisors Inc. boosted its position in 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 during the period. Envestnet Asset Management Inc. boosted its position in Genuine Parts by 4.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 549,830 shares of the specialty retailer’s stock valued at $76,206,000 after buying an additional 21,820 shares during the period. Finally, TABR Capital Management LLC purchased a new position in Genuine Parts in the 4th quarter valued at approximately $4,217,000. Institutional investors own 78.83% of the company’s stock.

Insider Activity

In other news, insider James F. Howe sold 415 shares of Genuine Parts stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $104.33, for a total transaction of $43,296.95. Following the completion of the sale, the insider directly owned 25,589 shares of the company’s stock, valued at approximately $2,669,700.37. The trade was a 1.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.13% of the company’s stock.

Genuine Parts Price Performance

Genuine Parts stock opened at $92.92 on Monday. The stock has a market cap of $12.79 billion, a P/E ratio of 216.10 and a beta of 0.70. The company has a fifty day simple moving average of $105.95 and a 200-day simple moving average of $121.38. Genuine Parts Company has a 12-month low of $92.83 and a 12-month high of $151.57. The company has a current ratio of 1.09, a quick ratio of 0.48 and a debt-to-equity ratio of 0.77.

Genuine Parts (NYSE:GPC) last released its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.02. The business had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $6.17 billion. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.75 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Equities analysts expect that Genuine Parts Company will post 7.65 EPS for the current fiscal year.

Genuine Parts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th will be given a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, June 5th. Genuine Parts’s payout ratio is 988.37%.

Wall Street Analyst Weigh In

Several brokerages have commented on GPC. Zacks Research cut shares of Genuine Parts from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 25th. UBS Group decreased their price target on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Evercore set a $160.00 price target on shares of Genuine Parts in a research report on Friday, February 20th. Truist Financial decreased their price target on shares of Genuine Parts from $127.00 to $124.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Finally, Raymond James Financial raised shares of Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price target for the company in a research report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Genuine Parts presently has a consensus rating of “Hold” and an average price target of $143.71.

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.