WINTON GROUP Ltd Makes New Investment in Genuine Parts Company $GPC

WINTON GROUP Ltd purchased a new stake in Genuine Parts Company (NYSE:GPC) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 10,184 shares of the specialty retailer’s stock, valued at approximately $1,412,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of GPC. Quadcap Wealth Management LLC increased its stake in shares of Genuine Parts by 1.4% in the 2nd quarter. Quadcap Wealth Management LLC now owns 5,578 shares of the specialty retailer’s stock valued at $677,000 after acquiring an additional 75 shares in the last quarter. Penserra Capital Management LLC boosted its stake in Genuine Parts by 12.2% during the second quarter. Penserra Capital Management LLC now owns 747 shares of the specialty retailer’s stock worth $90,000 after acquiring an additional 81 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in Genuine Parts by 25.9% in the third quarter. Hantz Financial Services Inc. now owns 399 shares of the specialty retailer’s stock worth $55,000 after purchasing an additional 82 shares during the period. Wealthcare Advisory Partners LLC increased its stake in Genuine Parts by 0.6% in the third quarter. Wealthcare Advisory Partners LLC now owns 14,806 shares of the specialty retailer’s stock valued at $2,052,000 after purchasing an additional 83 shares in the last quarter. Finally, Capital Square LLC increased its stake in Genuine Parts by 2.0% in the second quarter. Capital Square LLC now owns 4,442 shares of the specialty retailer’s stock valued at $553,000 after purchasing an additional 85 shares in the last quarter. 78.83% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Raymond James Financial raised shares of Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price objective on the stock in a research report on Tuesday, February 24th. The Goldman Sachs Group raised Genuine Parts from a “sell” rating to a “neutral” rating and boosted their target price for the company from $130.00 to $142.00 in a research report on Thursday, November 13th. UBS Group cut their price target on Genuine Parts from $150.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Evercore set a $160.00 price objective on Genuine Parts in a research note on Friday, February 20th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Genuine Parts in a report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $145.57.

Genuine Parts Stock Up 0.3%

Shares of NYSE GPC opened at $109.24 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.08 and a quick ratio of 0.46. The company has a 50-day moving average price of $130.23 and a 200-day moving average price of $131.48. The stock has a market capitalization of $15.20 billion, a P/E ratio of 237.47 and a beta of 0.75. Genuine Parts Company has a 1 year low of $104.01 and a 1 year high of $151.57.

Genuine Parts (NYSE:GPC) last posted its earnings results on Tuesday, February 17th. The specialty retailer reported $1.55 earnings per share for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.24). Genuine Parts had a return on equity of 22.28% and a net margin of 0.27%.The business had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.06 billion. During the same quarter in the prior year, the company earned $1.61 EPS. The company’s revenue was up 4.1% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, equities research analysts forecast that Genuine Parts Company will post 7.9 EPS for the current fiscal year.

Genuine Parts Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Friday, March 6th will be paid a $1.0625 dividend. This represents a $4.25 annualized dividend and a dividend yield of 3.9%. This is a boost from Genuine Parts’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Friday, March 6th. Genuine Parts’s dividend payout ratio (DPR) is currently 923.91%.

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.