Truist Financial Boosts Genuine Parts (NYSE:GPC) Price Target to $126.00

Genuine Parts (NYSE:GPC) had its price objective raised by investment analysts at Truist Financial from $124.00 to $126.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the specialty retailer’s stock. Truist Financial’s price objective would indicate a potential upside of 3.61% from the stock’s current price.

Other research analysts also recently issued research reports about the company. Evercore reissued an “outperform” rating on shares of Genuine Parts in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a report on Wednesday, June 24th. DA Davidson upped their price objective on Genuine Parts from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Raymond James Financial restated a “strong-buy” rating and set a $165.00 target price on shares of Genuine Parts in a research report on Wednesday. Finally, UBS Group reaffirmed a “neutral” rating and issued a $122.00 target price on shares of Genuine Parts in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Genuine Parts currently has a consensus rating of “Moderate Buy” and a consensus price target of $146.88.

Genuine Parts Stock Performance

Shares of NYSE:GPC traded up $2.49 during midday trading on Wednesday, reaching $121.61. 571,395 shares of the company’s stock traded hands, compared to its average volume of 1,772,007. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.48 and a current ratio of 1.09. Genuine Parts has a one year low of $90.78 and a one year high of $151.57. The company has a market cap of $16.74 billion, a price-to-earnings ratio of 282.86 and a beta of 0.63. The stock has a 50 day moving average of $108.96 and a 200 day moving average of $115.53.

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 the consensus estimate of $2.08 by $0.07. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The company had revenue of $6.54 billion during the quarter, compared to the consensus estimate of $6.43 billion. During the same period last year, the company earned $2.10 EPS. Genuine Parts’s revenue for the quarter 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 anticipate that Genuine Parts will post 7.69 EPS for the current fiscal year.

Insider Transactions at Genuine Parts

In other Genuine Parts news, insider James F. Howe sold 415 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $104.33, for a total transaction of $43,296.95. Following the completion of the transaction, the insider owned 25,589 shares in the company, valued at $2,669,700.37. This trade represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.13% of the stock is currently owned by insiders.

Institutional Trading of Genuine Parts

A number of large investors have recently made changes to their positions in the business. Olistico Wealth LLC bought a new position in shares of Genuine Parts in the 4th quarter valued at about $25,000. Strive Financial Group LLC bought a new stake in Genuine Parts during the fourth quarter worth approximately $25,000. WPG Advisers LLC raised its position in Genuine Parts by 213.0% during 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. Motiv8 Investments LLC purchased a new stake in Genuine Parts during the fourth quarter valued at approximately $31,000. Finally, Lodestone Wealth Management LLC bought a new stake in shares of Genuine Parts in the 4th quarter valued at approximately $32,000. 78.83% of the stock is currently owned by institutional investors.

Trending Headlines about Genuine Parts

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

• Positive Sentiment: GPC reported Q2 EPS of $2.15, topping estimates, while revenue of $6.54 billion also beat Wall Street forecasts. Genuine Parts earnings call
• Positive Sentiment: Management said sales growth was broad-based, with industrial strength helping drive the quarter and supporting the earnings beat. Zacks earnings beat on industrial strength
• Positive Sentiment: The company reaffirmed 2026 adjusted EPS guidance of $7.50 to $8.00, signaling confidence in full-year performance. Genuine Parts Q2 results press release
• Neutral Sentiment: GPC also outlined revenue guidance of $25.0 billion to $25.6 billion for 2026, broadly in line with expectations. Seeking Alpha guidance update
• Neutral Sentiment: Investors are also watching the company’s plan to target a separation in Q1 2027, which could unlock value but adds strategic uncertainty. Seeking Alpha separation plan

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.