Standard Motor Products (NYSE:SMP) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Standard Motor Products, Inc. (NYSE:SMP) shares passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $37.64 and traded as high as $37.99. Standard Motor Products shares last traded at $37.8350, with a volume of 134,251 shares changing hands.

Key Standard Motor Products News

Here are the key news stories impacting Standard Motor Products this week:

• Positive Sentiment: Adjusted earnings beat estimates: Third-quarter adjusted diluted EPS rose 13.2% year over year to $1.54, exceeding consensus estimates ranging from $1.39 to $1.41. GAAP diluted EPS was $1.42, compared with a loss in the prior-year period. Standard Motor Products Q3 Adjusted EPS Rises 13.2% to $1.54
• Positive Sentiment: Sales growth and guidance held: Adjusted net sales increased 2.8% to $512.9 million, and management reaffirmed its full-year forecast for low- to mid-single-digit sales growth and an adjusted EBITDA margin of 11% to 12%. Standard Motor Products Releases Third Quarter 2026 Results
• Positive Sentiment: Leverage improved materially: Net debt leverage fell to 1.8x from 2.5x in the second quarter, surpassing the company’s target of getting below 2.0x during fiscal 2026. The company also announced its quarterly dividend. Standard Motor Swings to Profit in Q3
• Neutral Sentiment: Portfolio expansion: Standard Motor Products announced an expansion of its climate-control product portfolio, which could support longer-term aftermarket growth but was not accompanied by a quantified financial impact. Standard Motor Products Expands Climate Control Portfolio
• Negative Sentiment: Reported revenue missed expectations: Consolidated third-quarter net sales were $507.8 million, below the approximately $515 million analyst estimate. This shortfall partially offsets the earnings and margin-related positives. Standard Motor Products Q3 Revenue Earnings Flash

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SMP. Weiss Ratings reiterated a “buy (b-)” rating on shares of Standard Motor Products in a research note on Monday. Wall Street Zen raised shares of Standard Motor Products from a “hold” rating to a “buy” rating in a report on Sunday, August 16th. Finally, Roth Capital reiterated a “buy” rating and set a $54.00 price target on shares of Standard Motor Products in a report on Monday, October 12th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Standard Motor Products presently has an average rating of “Moderate Buy” and an average price target of $54.00.

Standard Motor Products Trading Up 10.8%

The firm has a market capitalization of $946.55 million, a PE ratio of 18.92 and a beta of 0.85. The business’s fifty day moving average price is $37.72 and its 200 day moving average price is $38.59. The company has a quick ratio of 0.80, a current ratio of 2.00 and a debt-to-equity ratio of 0.73.

Standard Motor Products (NYSE:SMP) last announced its earnings results on Friday, October 30th. The auto parts company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.13. Standard Motor Products had a return on equity of 13.28% and a net margin of 2.78%. The company had revenue of $512.90 million during the quarter, compared to the consensus estimate of $514.99 million. As a group, analysts expect that Standard Motor Products, Inc. will post 4.23 EPS for the current fiscal year.

Standard Motor Products Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th were paid a $0.33 dividend. The ex-dividend date was Friday, August 14th. This represents a $1.32 annualized dividend and a dividend yield of 3.1%. Standard Motor Products’s dividend payout ratio (DPR) is presently 58.93%.

Insiders Place Their Bets

In other Standard Motor Products news, EVP Dale Burks sold 5,798 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $39.00, for a total transaction of $226,122.00. Following the transaction, the executive vice president owned 47,657 shares of the company’s stock, valued at approximately $1,858,623. This trade represents a 10.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders sold 18,349 shares of company stock worth $712,146. 5.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Standard Motor Products

Hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC lifted its position in Standard Motor Products by 76.7% in the 1st quarter. Parallel Advisors LLC now owns 949 shares of the auto parts company’s stock worth $33,000 after buying an additional 412 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Standard Motor Products by 24.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,195 shares of the auto parts company’s stock valued at $81,000 after acquiring an additional 433 shares in the last quarter. Illinois Municipal Retirement Fund increased its stake in shares of Standard Motor Products by 4.2% in the first quarter. Illinois Municipal Retirement Fund now owns 11,679 shares of the auto parts company’s stock worth $406,000 after acquiring an additional 466 shares during the last quarter. Versant Capital Management Inc increased its stake in shares of Standard Motor Products by 89.1% in the third quarter. Versant Capital Management Inc now owns 1,159 shares of the auto parts company’s stock worth $43,000 after acquiring an additional 546 shares during the last quarter. Finally, Susquehanna International Group LLP increased its stake in shares of Standard Motor Products by 7.6% in the second quarter. Susquehanna International Group LLP now owns 10,023 shares of the auto parts company’s stock worth $391,000 after acquiring an additional 709 shares during the last quarter. 81.26% of the stock is currently owned by institutional investors and hedge funds.

Standard Motor Products Company Profile

Standard Motor Products, Inc (NYSE:SMP) manufactures and distributes replacement parts for the automotive aftermarket. The company supplies components used to maintain and repair passenger vehicles, light trucks, and other transportation equipment, serving automotive parts distributors, retailers, repair shops, and vehicle service professionals.

Its product offerings include engine management components such as sensors, ignition parts, fuel system components, and emissions-related products.