Genuine Parts (NYSE:GPC) Releases FY 2026 Earnings Guidance

Genuine Parts (NYSE:GPC) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 7.500-7.750 for the period, compared to the consensus earnings per share estimate of 7.730. The company issued revenue guidance of $25.0 billion-$25.6 billion, compared to the consensus revenue estimate of $25.5 billion.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group set a $122.00 target price on Genuine Parts in a report on Tuesday. Argus decreased their price target on Genuine Parts from $156.00 to $150.00 and set a “buy” rating for the company in a report on Thursday. Evercore reissued an “outperform” rating on shares of Genuine Parts in a research report on Wednesday, July 22nd. DA Davidson increased their price target on Genuine Parts from $150.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, JPMorgan Chase & Co. raised their price objective on Genuine Parts from $125.00 to $137.00 and gave the company an “overweight” rating in a research note on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $145.00.

Genuine Parts Trading Up 2.5%

Shares of GPC opened at $127.89 on Friday. The business’s 50-day moving average price is $131.55 and its 200-day moving average price is $119.14. Genuine Parts has a twelve month low of $90.78 and a twelve month high of $151.57. The stock has a market cap of $17.63 billion, a PE ratio of 511.56, a P/E/G ratio of 2.33 and a beta of 0.67. The company has a quick ratio of 0.50, a current ratio of 1.22 and a debt-to-equity ratio of 0.96.

Genuine Parts (NYSE:GPC) last released its quarterly earnings data on Tuesday, October 20th. The specialty retailer reported $2.07 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.03. The company had revenue of $6.52 billion during the quarter, compared to analyst estimates of $6.49 billion. Genuine Parts had a net margin of 0.12% and a return on equity of 23.00%. Genuine Parts’s revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business earned $1.98 earnings per share. On average, equities analysts forecast that Genuine Parts will post 7.65 EPS for the current fiscal year.

Genuine Parts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 4th were given a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Friday, September 4th. Genuine Parts’s payout ratio is 1,700.00%.

About Genuine Parts

Genuine Parts Company (NYSE:GPC) is a distributor of automotive and industrial replacement parts. Its Automotive Parts Group supplies components and accessories for cars, trucks and other vehicles, serving professional repair shops, commercial customers and do-it-yourself consumers through distribution networks, stores and digital channels.

The company’s Industrial Parts Group distributes products used to maintain and repair manufacturing, commercial and other industrial equipment. Its offerings include bearings, power-transmission components, motion-control products, industrial supplies and related maintenance, repair and operations products.