Genuine Parts Company (NYSE:GPC) Receives $143.71 Average Price Target from Analysts

Shares of Genuine Parts Company (NYSE:GPC) have been assigned an average rating of “Hold” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $143.7143.

Several equities analysts recently weighed in on the company. Zacks Research cut Genuine Parts from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 25th. Truist Financial lowered their target price on Genuine Parts from $127.00 to $124.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a report on Friday, March 27th. Evercore set a $160.00 target price on Genuine Parts in a report on Friday, February 20th. Finally, UBS Group lowered their target price on Genuine Parts from $135.00 to $125.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd.

Insider Activity

In related news, insider James F. Howe sold 415 shares of Genuine Parts stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.33, for a total value of $43,296.95. Following the transaction, the insider 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.13% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GPC. Olistico Wealth LLC purchased a new position in Genuine Parts in the fourth quarter valued at about $25,000. Strive Financial Group LLC purchased a new position in Genuine Parts in the fourth quarter valued at about $25,000. Community Bank N.A. purchased a new position in Genuine Parts in the third quarter valued at about $27,000. WPG Advisers LLC raised its position in Genuine Parts by 213.0% in the fourth quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 164 shares during the period. Finally, Motiv8 Investments LLC purchased a new position in Genuine Parts in the fourth quarter valued at about $31,000. Institutional investors and hedge funds own 78.83% of the company’s stock.

Genuine Parts Stock Up 0.1%

GPC opened at $97.94 on Thursday. The business has a 50 day moving average price of $104.04 and a two-hundred day moving average price of $120.05. 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 market cap of $13.48 billion, a PE ratio of 227.78 and a beta of 0.70. Genuine Parts has a 52 week low of $90.78 and a 52 week high of $151.57.

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

Genuine Parts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th will be issued a dividend of $1.0625 per share. The ex-dividend date is Friday, June 5th. This represents a $4.25 annualized dividend and a dividend yield of 4.3%. Genuine Parts’s dividend payout ratio (DPR) is 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.