Western Wealth Management LLC Has $741,000 Holdings in Genuine Parts Company $GPC

Western Wealth Management LLC grew its position in Genuine Parts Company (NYSE:GPC) by 306.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,010 shares of the specialty retailer’s stock after acquiring an additional 5,285 shares during the period. 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 have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Genuine Parts by 3.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,717 shares of the specialty retailer’s stock valued at $2,111,000 after acquiring an additional 671 shares during the last quarter. Woodline Partners LP increased its position in Genuine Parts by 40.7% in the first quarter. Woodline Partners LP now owns 11,746 shares of the specialty retailer’s stock worth $1,399,000 after purchasing an additional 3,396 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Genuine Parts by 15.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,005 shares of the specialty retailer’s stock worth $122,000 after purchasing an additional 137 shares during the last quarter. Daiwa Securities Group Inc. lifted its position in Genuine Parts by 5.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 24,954 shares of the specialty retailer’s stock valued at $3,027,000 after purchasing an additional 1,323 shares during the period. Finally, AXA S.A. lifted its position in Genuine Parts by 37.2% during the 2nd quarter. AXA S.A. now owns 51,292 shares of the specialty retailer’s stock valued at $6,222,000 after purchasing an additional 13,898 shares during the period. 78.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GPC has been the topic of a number of recent research reports. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $165.00 price objective on shares of Genuine Parts in a research note on Wednesday, July 22nd. UBS Group reiterated a “neutral” rating and set a $122.00 target price on shares of Genuine Parts in a research report on Wednesday, July 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a research note on Wednesday, June 24th. Evercore restated an “outperform” rating on shares of Genuine Parts in a research report on Wednesday, July 22nd. Finally, DA Davidson lifted their price objective on Genuine Parts from $150.00 to $170.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Genuine Parts presently has a consensus rating of “Moderate Buy” and a consensus price target of $147.86.

Genuine Parts Price Performance

Shares of NYSE GPC opened at $135.32 on Friday. The company has a fifty day moving average price of $120.01 and a 200 day moving average price of $115.41. The firm has a market cap of $18.65 billion, a PE ratio of 541.26 and a beta of 0.63. The company has a current ratio of 1.16, a quick ratio of 0.50 and a debt-to-equity ratio of 0.88. Genuine Parts Company has a 1-year low of $90.78 and a 1-year high of $151.57.

Genuine Parts (NYSE:GPC) last issued its quarterly earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.07. The company had revenue of $6.54 billion during the quarter, compared to analysts’ expectations of $6.43 billion. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the business earned $2.10 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Research analysts predict that Genuine Parts Company will post 7.73 earnings per share for the current fiscal year.

Genuine Parts Dividend Announcement

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

Key Headlines Impacting Genuine Parts

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 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.