4,113 Shares in Genuine Parts Company $GPC Purchased by Longfellow Investment Management Co. LLC

Longfellow Investment Management Co. LLC acquired a new position in shares of Genuine Parts Company (NYSE:GPC) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,113 shares of the specialty retailer’s stock, valued at approximately $485,000.

Several other hedge funds have also recently bought and sold shares of GPC. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of Genuine Parts by 85.0% during the 1st 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 buying an additional 13,900 shares in the last quarter. Montag A & Associates Inc. boosted its stake 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 in the last quarter. Paradiem LLC bought a new position in Genuine Parts in the first quarter valued at about $3,154,000. Hsbc Holdings PLC grew its position 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 acquiring an additional 77,936 shares during the last quarter. Finally, Conning Inc. raised its stake in Genuine Parts by 5.7% during the fourth quarter. Conning Inc. now owns 246,390 shares of the specialty retailer’s stock worth $30,296,000 after acquiring an additional 13,357 shares in the last quarter. 78.83% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. UBS Group restated a “neutral” rating and issued a $122.00 price target on shares of Genuine Parts in a research note on Wednesday, July 22nd. DA Davidson upped their price objective on shares of Genuine Parts from $150.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Evercore reissued an “outperform” rating on shares of Genuine Parts in a research note on Wednesday, July 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a research note on Wednesday, June 24th. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $165.00 price target on shares of Genuine Parts in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Genuine Parts has an average rating of “Moderate Buy” and a consensus price target of $147.86.

Genuine Parts Price Performance

GPC stock opened at $134.98 on Monday. The company has a market capitalization of $18.61 billion, a P/E ratio of 539.93 and a beta of 0.62. Genuine Parts Company has a 52-week low of $90.78 and a 52-week high of $151.57. The company has a fifty day moving average price of $120.75 and a 200-day moving average price of $115.38. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.50 and a current ratio of 1.16.

Genuine Parts (NYSE:GPC) last announced its earnings results 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. The business had revenue of $6.54 billion during the quarter, compared to analyst estimates of $6.43 billion. Genuine Parts had a return on equity of 22.59% and a net margin of 0.13%.Genuine Parts’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the company earned $2.10 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, equities analysts expect that Genuine Parts Company will post 7.73 EPS for the current year.

Genuine Parts Announces Dividend

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

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.