Genuine Parts Company (NYSE:GPC) Receives $147.86 Average Price Target from Analysts

Genuine Parts Company (NYSE:GPC) has earned a consensus recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $147.8571.

A number of brokerages have weighed in on GPC. Evercore reiterated an “outperform” rating on shares of Genuine Parts in a report on Wednesday, July 22nd. Truist Financial upped their price objective on Genuine Parts from $124.00 to $126.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $165.00 target price on shares of Genuine Parts in a research report on Wednesday, July 22nd. DA Davidson lifted their target price on Genuine Parts from $150.00 to $170.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a research report on Wednesday, June 24th.

Genuine Parts Stock Down 1.0%

Genuine Parts stock opened at $134.28 on Tuesday. The company has a market cap of $18.51 billion, a P/E ratio of 537.12 and a beta of 0.62. Genuine Parts 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 $117.85 and a 200 day simple moving average of $115.45. The company has a current ratio of 1.16, a quick ratio of 0.50 and a debt-to-equity ratio of 0.88.

Genuine Parts (NYSE:GPC) last announced its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.07. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The business had revenue of $6.54 billion for the quarter, compared to analyst estimates of $6.43 billion. During the same period in the prior year, the firm posted $2.10 EPS. The company’s revenue was up 6.0% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Research analysts anticipate that Genuine Parts will post 7.72 earnings per share for the current fiscal year.

Institutional Trading of Genuine Parts

A number of institutional investors have recently modified their holdings of the company. Strive Financial Group LLC purchased a new position in Genuine Parts in the fourth quarter valued at approximately $25,000. WPG Advisers LLC grew its stake in Genuine Parts by 213.0% during the fourth quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock worth $30,000 after buying an additional 164 shares during the period. Motiv8 Investments LLC acquired a new stake in shares of Genuine Parts in the fourth quarter worth $31,000. Elyxium Wealth LLC acquired a new stake in shares of Genuine Parts in the fourth quarter worth $33,000. Finally, Elevation Wealth Partners LLC raised its stake in shares of Genuine Parts by 510.9% in the 2nd quarter. Elevation Wealth Partners LLC now owns 281 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 235 shares during the period. Hedge funds and other 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.