27,500 Shares in Genuine Parts Company $GPC Acquired by Marathon Partners Equity Management LLC

Marathon Partners Equity Management LLC bought a new stake in Genuine Parts Company (NYSE:GPC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 27,500 shares of the specialty retailer’s stock, valued at approximately $3,244,000. Genuine Parts makes up approximately 3.0% of Marathon Partners Equity Management LLC’s portfolio, making the stock its 9th biggest holding.

Other institutional investors also recently added to or reduced their stakes in the company. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of Genuine Parts by 85.0% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 30,262 shares of the specialty retailer’s stock worth $3,200,000 after purchasing an additional 13,900 shares in the last quarter. Montag A & Associates Inc. increased its holdings in Genuine Parts by 19.6% in the first quarter. Montag A & Associates Inc. now owns 64,855 shares of the specialty retailer’s stock valued at $6,923,000 after buying an additional 10,622 shares during the last quarter. Paradiem LLC acquired a new stake in Genuine Parts in the first quarter valued at $3,154,000. Hsbc Holdings PLC raised its stake in Genuine Parts by 19.5% in the fourth quarter. Hsbc Holdings PLC now owns 477,970 shares of the specialty retailer’s stock valued at $58,887,000 after buying an additional 77,936 shares in the last quarter. Finally, Conning Inc. lifted its holdings in Genuine Parts by 5.7% during the 4th quarter. Conning Inc. now owns 246,390 shares of the specialty retailer’s stock worth $30,296,000 after buying an additional 13,357 shares during the last quarter. Hedge funds and other institutional investors own 78.83% of the company’s stock.

Genuine Parts Stock Up 1.3%

GPC stock opened at $135.71 on Tuesday. The company has a market cap of $18.71 billion, a price-to-earnings ratio of 542.84 and a beta of 0.63. The company has a fifty day moving average price of $124.67 and a 200 day moving average price of $115.10. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.16 and a quick ratio of 0.50. Genuine Parts Company has a 12 month low of $90.78 and a 12 month high of $151.57.

Genuine Parts (NYSE:GPC) last issued its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.07. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The company had revenue of $6.54 billion for the quarter, compared to the consensus estimate of $6.43 billion. During the same period last year, the firm posted $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. Sell-side analysts expect that Genuine Parts Company will post 7.73 earnings per share for the current year.

Genuine Parts Dividend Announcement

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

Wall Street Analysts Forecast Growth

GPC has been the subject of several analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a research report on Wednesday, June 24th. DA Davidson raised their target price on Genuine Parts from $150.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Evercore restated an “outperform” rating on shares of Genuine Parts in a research note on Wednesday, July 22nd. Zacks Research upgraded Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and issued a $165.00 price target on shares of Genuine Parts in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Genuine Parts has an average rating of “Moderate Buy” and a consensus target price of $147.86.

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.