JLB & Associates Inc. purchased a new stake in Genuine Parts Company (NYSE:GPC – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,047 shares of the specialty retailer’s stock, valued at approximately $621,000.
A number of other hedge funds also recently made changes to their positions in the business. Community Bank N.A. bought a new stake in Genuine Parts in the third quarter valued at about $27,000. Olistico Wealth LLC acquired a new stake in Genuine Parts during the fourth quarter valued at approximately $25,000. Peoples Financial Services CORP. acquired a new stake in Genuine Parts during the third quarter valued at approximately $29,000. WPG Advisers LLC grew its stake in shares of Genuine Parts by 213.0% in the 4th 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, Caitong International Asset Management Co. Ltd raised its holdings in shares of Genuine Parts by 6,225.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 253 shares of the specialty retailer’s stock worth $35,000 after buying an additional 249 shares in the last quarter. Institutional investors and hedge funds own 78.83% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Genuine Parts in a research report on Friday, March 27th. UBS Group dropped their price objective on Genuine Parts from $135.00 to $125.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Zacks Research cut Genuine Parts from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 25th. Raymond James Financial upgraded shares of Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 target price on the stock in a research note on Tuesday, February 24th. Finally, Truist Financial dropped their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $143.71.
Insider Buying and Selling at Genuine Parts
In related news, insider James F. Howe sold 415 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $104.33, for a total value of $43,296.95. Following the completion of the sale, the insider owned 25,589 shares of the company’s stock, valued at $2,669,700.37. This trade represents a 1.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.13% of the stock is currently owned by corporate insiders.
Genuine Parts Stock Down 0.2%
NYSE GPC opened at $105.30 on Friday. The stock’s 50 day simple moving average is $108.11 and its 200 day simple moving average is $122.78. Genuine Parts Company has a one year low of $96.08 and a one year high of $151.57. The firm has a market cap of $14.49 billion, a PE ratio of 244.89 and a beta of 0.70. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.09 and a quick ratio of 0.48.
Genuine Parts (NYSE:GPC – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.02. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The firm had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.17 billion. During the same quarter in the previous year, the company posted $1.75 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, sell-side analysts forecast that Genuine Parts Company will post 7.65 earnings per share for the current fiscal year.
Genuine Parts Dividend Announcement
The business also recently announced 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 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, June 5th. Genuine Parts’s dividend payout ratio is presently 988.37%.
Key Genuine Parts News
Here are the key news stories impacting Genuine Parts this week:
- Positive Sentiment: Zacks raised several medium‑ and longer‑term estimates (FY2027 to $8.18 from $8.05; FY2028 to $9.75) and bumped multiple 2027/2028 quarterly forecasts, signaling an improved earnings trajectory beyond the current year. MarketBeat GPC coverage
- Positive Sentiment: Company confirmed a quarterly dividend of $1.0625 (annualized $4.25, ~4.0% yield) with record/ex‑dividend dates set for June/July — supportive for income‑oriented investors. MarketBeat dividend notice
- Positive Sentiment: GPC reported solid Q1 results on Apr. 21 (EPS and revenue slightly above consensus; revenue +6.8% y/y), which provides a fundamental base under the stock. MarketBeat earnings coverage
- Neutral Sentiment: Insider sale: Director James F. Howe sold 415 shares on May 5 at ~$104.33 under a pre‑arranged Rule 10b5‑1 plan; the sale is small relative to his remaining ~25,589‑share holding and is likely not a fresh signal. SEC filing: Form 4
- Neutral Sentiment: Institutional ownership is high (~79%), which can stabilize trading but also concentrate downside if institutions reduce exposure; recent filings show modest position changes. MarketBeat institutional summary
- Negative Sentiment: Zacks cut several near‑term estimates and lowered FY2026 numbers (e.g., Q2 2026 to $2.05 from $2.28; FY2026 to $7.58 from $7.98) and maintained a “Strong Sell” rating — a restraint on investor enthusiasm despite later‑year upgrades. MarketBeat Zacks coverage
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.
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