Zacks Research Downgrades Genuine Parts (NYSE:GPC) to Strong Sell

Genuine Parts (NYSE:GPC) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Wednesday,Zacks.com reports. Zacks Research also issued estimates for Genuine Parts’ Q1 2027 earnings at $2.01 EPS, Q2 2027 earnings at $2.06 EPS, Q3 2027 earnings at $2.02 EPS, Q4 2027 earnings at $1.96 EPS, FY2027 earnings at $8.05 EPS and FY2028 earnings at $9.73 EPS.

GPC has been the topic of several other reports. Evercore set a $160.00 price target on shares of Genuine Parts in a report on Friday, February 20th. Raymond James Financial raised shares of 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 report on Tuesday, February 24th. UBS Group cut their target price on shares of Genuine Parts from $150.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Truist Financial set a $127.00 price target on shares of Genuine Parts and gave the stock a “hold” rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $145.57.

Genuine Parts Trading Up 0.1%

Shares of GPC opened at $105.24 on Wednesday. Genuine Parts has a one year low of $96.08 and a one year high of $151.57. The stock has a 50-day moving average price of $124.75 and a 200 day moving average price of $128.76. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.46 and a current ratio of 1.08. The company has a market capitalization of $14.64 billion, a P/E ratio of 228.78 and a beta of 0.75.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings data on Tuesday, February 17th. The specialty retailer reported $1.55 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $6.06 billion. During the same quarter in the prior year, the firm earned $1.61 earnings per share. Genuine Parts’s revenue for the quarter was up 4.1% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Sell-side analysts forecast that Genuine Parts will post 7.9 EPS for the current fiscal year.

Hedge Funds Weigh In On Genuine Parts

Several institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC lifted its position in Genuine Parts by 19.5% in the 4th quarter. Hsbc Holdings PLC now owns 477,970 shares of the specialty retailer’s stock valued at $58,887,000 after purchasing an additional 77,936 shares during the last quarter. Stance Capital LLC bought a new position in Genuine Parts in the 4th quarter worth about $4,094,000. World Investment Advisors bought a new position in Genuine Parts in the 4th quarter worth about $218,000. Advisortrust Partners LLC acquired a new stake in shares of Genuine Parts in the fourth quarter valued at approximately $327,000. Finally, SHP Wealth Management bought a new stake in shares of Genuine Parts during the fourth quarter valued at approximately $84,000. Institutional investors own 78.83% of the company’s stock.

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.