Jefferies Financial Group Inc. Sells 20,593 Shares of Genuine Parts Company $GPC

Jefferies Financial Group Inc. lowered its stake in shares of Genuine Parts Company (NYSE:GPC) by 67.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,807 shares of the specialty retailer’s stock after selling 20,593 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Genuine Parts were worth $1,206,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of GPC. Baupost Group LLC MA bought a new stake in Genuine Parts in the 3rd quarter valued at $193,347,000. Northwestern Mutual Wealth Management Co. lifted its position in Genuine Parts by 7,774.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,234,984 shares of the specialty retailer’s stock worth $151,854,000 after buying an additional 1,219,300 shares in the last quarter. Interval Partners LP lifted its position in Genuine Parts by 422.5% during the 3rd quarter. Interval Partners LP now owns 932,596 shares of the specialty retailer’s stock worth $129,258,000 after buying an additional 754,117 shares in the last quarter. Junto Capital Management LP acquired a new position in Genuine Parts during the 3rd quarter worth about $65,551,000. Finally, Balyasny Asset Management L.P. acquired a new position in Genuine Parts during the 3rd quarter valued at about $61,321,000. Institutional investors own 78.83% of the company’s stock.

Insider Buying and Selling at Genuine Parts

In other 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 transaction of $43,296.95. Following the completion of the sale, the insider owned 25,589 shares of the company’s stock, valued at approximately $2,669,700.37. This trade represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.13% of the company’s stock.

Genuine Parts Trading Up 0.9%

NYSE GPC opened at $99.25 on Friday. The company has a market cap of $13.66 billion, a PE ratio of 230.82 and a beta of 0.70. 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 Company has a 12 month low of $90.78 and a 12 month high of $151.57. The stock has a 50 day moving average of $103.69 and a 200-day moving average of $119.48.

Genuine Parts (NYSE:GPC) last released its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 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 company had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.17 billion. During the same quarter in the prior year, the firm posted $1.75 EPS. The firm’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. On average, equities research analysts anticipate that Genuine Parts Company will post 7.65 EPS for the current fiscal year.

Genuine Parts Dividend Announcement

The company also recently announced 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 of this dividend is Friday, June 5th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 4.3%. Genuine Parts’s dividend payout ratio (DPR) is currently 988.37%.

Trending Headlines about Genuine Parts

Here are the key news stories impacting Genuine Parts this week:

• Positive Sentiment: Zacks Research raised its FY2027 EPS estimate for Genuine Parts to $8.41 from $8.18 and lifted FY2028 EPS to $9.76 from $9.75, suggesting stronger profit expectations ahead.
• Positive Sentiment: The firm also increased quarterly estimates for Q2 2027, Q3 2027, and Q4 2027, indicating improving earnings visibility over the next several reporting periods.
• Neutral Sentiment: Zacks Research upgraded Genuine Parts from “strong sell” to “hold,” a less bearish stance that may temper some downside pressure, though it is not a bullish endorsement. Zacks.com
• Neutral Sentiment: A separate Zacks note trimmed Q1 2028 EPS slightly to $2.49 from $2.51, showing that not all outlook changes were positive.
• Negative Sentiment: Zacks still rates Genuine Parts “hold” or “strong sell” depending on the note, so the research house remains cautious overall despite the higher estimates.

Analyst Upgrades and Downgrades

GPC has been the topic of a number of research reports. Zacks Research upgraded shares of Genuine Parts from a “strong sell” rating to a “hold” rating in a research report on Monday. Truist Financial lowered their target price on Genuine Parts from $127.00 to $124.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Raymond James Financial raised Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 target price for the company in a research note on Tuesday, February 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a research note on Friday, March 27th. Finally, Evercore set a $160.00 target price on Genuine Parts in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $143.71.

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.