Genuine Parts Company (NYSE:GPC) Receives $147.86 Consensus Target Price from Brokerages

Genuine Parts Company (NYSE:GPC) has been given an average rating of “Moderate Buy” by the nine ratings firms that are currently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $147.8571.

Several research firms have recently commented on GPC. Evercore reaffirmed an “outperform” rating on shares of Genuine Parts in a report on Wednesday, July 22nd. UBS Group restated a “neutral” rating and issued a $122.00 target price on shares of Genuine Parts in a research note on Wednesday, July 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a report on Wednesday, June 24th. Truist Financial raised their price target on Genuine Parts from $124.00 to $126.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. Finally, Raymond James Financial restated a “strong-buy” rating and set a $165.00 price objective on shares of Genuine Parts in a research note on Wednesday, July 22nd.

Institutional Trading of Genuine Parts

Several hedge funds have recently bought and sold shares of the company. Strive Financial Group LLC acquired a new stake in shares of Genuine Parts in the fourth quarter valued at approximately $25,000. WPG Advisers LLC increased its stake in Genuine Parts by 213.0% during the 4th quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 164 shares during the period. Motiv8 Investments LLC bought a new stake in shares of Genuine Parts during the 4th quarter worth about $31,000. Elyxium Wealth LLC acquired a new stake in shares of Genuine Parts in the 4th quarter worth approximately $33,000. Finally, Elevation Wealth Partners LLC lifted its stake in shares of Genuine Parts by 510.9% in the 2nd quarter. Elevation Wealth Partners LLC now owns 281 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 235 shares during the period. 78.83% of the stock is currently owned by institutional investors.

Genuine Parts Price Performance

Shares of NYSE GPC opened at $135.49 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 0.50 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $18.68 billion, a price-to-earnings ratio of 541.96 and a beta of 0.63. Genuine Parts has a twelve month low of $90.78 and a twelve month high of $151.57. The business has a 50 day simple moving average of $117.11 and a 200-day simple moving average of $115.59.

Genuine Parts (NYSE:GPC) last released its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $6.43 billion. During the same quarter in the previous year, the company posted $2.10 earnings per share. The firm’s revenue was up 6.0% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, equities research analysts expect that Genuine Parts will post 7.72 earnings per share for the current year.

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.