5,174 Shares in Genuine Parts Company $GPC Purchased by Kingdom Financial Group LLC.

Kingdom Financial Group LLC. acquired a new position in Genuine Parts Company (NYSE:GPC) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 5,174 shares of the specialty retailer’s stock, valued at approximately $636,000.

Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Genuine Parts by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 17,365,970 shares of the specialty retailer’s stock valued at $2,406,923,000 after purchasing an additional 56,792 shares during the period. Jefferies Financial Group Inc. purchased a new position in Genuine Parts in the 3rd quarter worth approximately $4,213,000. Dana Investment Advisors Inc. raised its holdings in shares of Genuine Parts by 15.8% during the 3rd quarter. Dana Investment Advisors Inc. now owns 84,427 shares of the specialty retailer’s stock worth $11,702,000 after acquiring an additional 11,539 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Genuine Parts by 4.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 549,830 shares of the specialty retailer’s stock worth $76,206,000 after acquiring an additional 21,820 shares in the last quarter. Finally, TABR Capital Management LLC purchased a new stake in shares of Genuine Parts during the 4th quarter worth approximately $4,217,000. 78.83% of the stock is currently owned by institutional investors.

Insider Activity at Genuine Parts

In other Genuine Parts news, insider James F. Howe sold 415 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $104.33, for a total transaction of $43,296.95. Following the completion of the sale, the insider directly owned 25,589 shares of the company’s stock, valued at approximately $2,669,700.37. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on GPC shares. UBS Group decreased their price objective on Genuine Parts from $135.00 to $125.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Truist Financial cut their price objective on Genuine Parts from $127.00 to $124.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Zacks Research downgraded Genuine Parts from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a research report on Friday, March 27th. Finally, Evercore set a $160.00 price objective on Genuine Parts in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Genuine Parts presently has an average rating of “Hold” and a consensus target price of $143.71.

Genuine Parts Trading Up 2.8%

Shares of NYSE GPC opened at $97.65 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.09 and a quick ratio of 0.48. The stock has a market capitalization of $13.44 billion, a P/E ratio of 227.09 and a beta of 0.70. Genuine Parts Company has a 1-year low of $90.78 and a 1-year high of $151.57. The business has a fifty day moving average price of $104.45 and a 200 day moving average price of $120.41.

Genuine Parts (NYSE:GPC) last issued its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.02. The firm had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $6.17 billion. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.75 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Equities research analysts expect that Genuine Parts Company will post 7.65 EPS for the current fiscal year.

Genuine Parts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th will be given a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, June 5th. Genuine Parts’s dividend payout ratio is presently 988.37%.

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.