Stance Capital LLC Acquires New Holdings in Genuine Parts Company $GPC

Stance Capital LLC bought a new stake in Genuine Parts Company (NYSE:GPC) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 33,295 shares of the specialty retailer’s stock, valued at approximately $4,094,000. Genuine Parts comprises about 1.5% of Stance Capital LLC’s portfolio, making the stock its 12th biggest position.

Other large investors also recently added to or reduced their stakes in the company. United Asset Strategies Inc. raised its holdings in shares of Genuine Parts by 1.6% during the 4th quarter. United Asset Strategies Inc. now owns 4,492 shares of the specialty retailer’s stock valued at $552,000 after purchasing an additional 72 shares in the last quarter. J2 Capital Management Inc lifted its stake in shares of Genuine Parts by 1.9% in the 4th quarter. J2 Capital Management Inc now owns 4,136 shares of the specialty retailer’s stock valued at $509,000 after purchasing an additional 79 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in Genuine Parts by 0.6% in the fourth quarter. Capital Investment Advisors LLC now owns 14,173 shares of the specialty retailer’s stock worth $1,743,000 after purchasing an additional 83 shares in the last quarter. IHT Wealth Management LLC boosted its holdings in Genuine Parts by 1.8% in the fourth quarter. IHT Wealth Management LLC now owns 4,644 shares of the specialty retailer’s stock worth $571,000 after purchasing an additional 83 shares in the last quarter. Finally, Matrix Trust Co increased its position in Genuine Parts by 27.6% during the fourth quarter. Matrix Trust Co now owns 393 shares of the specialty retailer’s stock worth $48,000 after buying an additional 85 shares during the last quarter. 78.83% of the stock is owned by institutional investors.

Insider Buying and Selling at Genuine Parts

In related news, insider James F. Howe sold 415 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $104.33, for a total transaction of $43,296.95. Following the completion of the sale, the insider owned 25,589 shares in the company, valued at $2,669,700.37. This represents a 1.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Zacks Research upgraded Genuine Parts from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Raymond James Financial upgraded Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price target for the company in a research note on Tuesday, February 24th. UBS Group lowered 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 note on Wednesday, April 22nd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Genuine Parts in a report on Friday, March 27th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Genuine Parts presently has an average rating of “Moderate Buy” and an average price target of $143.88.

Genuine Parts Price Performance

NYSE GPC opened at $109.00 on Friday. Genuine Parts Company has a 1 year low of $90.78 and a 1 year high of $151.57. The company has a fifty day simple moving average of $103.16 and a 200 day simple moving average of $116.65. The company has a current ratio of 1.09, a quick ratio of 0.48 and a debt-to-equity ratio of 0.77. The company has a market cap of $15.00 billion, a P/E ratio of 253.48 and a beta of 0.66.

Genuine Parts (NYSE:GPC) last announced its earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 EPS for the quarter, topping the consensus estimate of $1.75 by $0.02. The firm had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.17 billion. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.75 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, sell-side analysts predict that Genuine Parts Company will post 7.7 EPS for the current year.

Genuine Parts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th will be paid a $1.0625 dividend. The ex-dividend date is Friday, June 5th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.9%. Genuine Parts’s payout ratio is presently 988.37%.

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.