Genuine Parts Company $GPC Stock: International Assets Investment Management LLC Reduces Position

International Assets Investment Management LLC lessened its holdings in shares of Genuine Parts Company (NYSE:GPC) by 81.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,591 shares of the specialty retailer’s stock after selling 15,282 shares during the period. International Assets Investment Management LLC’s holdings in Genuine Parts were worth $449,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in Genuine Parts during the second quarter worth approximately $1,574,910,000. Dimensional Fund Advisors LP increased its stake in Genuine Parts by 9.6% in the first quarter. Dimensional Fund Advisors LP now owns 2,055,496 shares of the specialty retailer’s stock valued at $217,354,000 after purchasing an additional 180,485 shares during the last quarter. Bank of America Corp DE purchased a new position in Genuine Parts in the second quarter valued at approximately $201,072,000. Cullen Capital Management LLC purchased a new position in Genuine Parts in the second quarter valued at approximately $166,471,000. Finally, Equity Investment Corp acquired a new stake in Genuine Parts during the second quarter worth approximately $114,922,000. Institutional investors and hedge funds own 78.83% of the company’s stock.

Genuine Parts News Summary

These are some of the GPC news items that stood out recently:

• Positive Sentiment: Genuine Parts declared a quarterly dividend of $1.0625 per share, equal to $4.25 annually and a yield of about 3.4%. The dividend offers ongoing income support for shareholders. Article: Genuine Parts Declares Quarterly Dividend
• Negative Sentiment: Zacks Research cut several earnings forecasts, including Q4 2026 EPS to $1.59 from $1.71, FY2027 to $8.18 from $8.23, and FY2028 to $9.09 from $9.57. It also lowered estimates for Q1 2027, Q4 2027, Q1 2028, and Q3 2028. The broad downward revisions may weigh on sentiment by pointing to softer expected earnings.
• Neutral Sentiment: One revision went the other way: Zacks slightly raised its Q2 2027 EPS estimate to $2.22 from $2.21, a small improvement that does little to offset the wider set of cuts.

Genuine Parts Price Performance

GPC stock opened at $123.72 on Thursday. The company has a market capitalization of $17.06 billion, a P/E ratio of 494.86, a PEG ratio of 2.73 and a beta of 0.65. Genuine Parts Company has a twelve month low of $90.78 and a twelve month high of $151.57. The business has a 50 day simple moving average of $128.20 and a 200-day simple moving average of $119.83. The company has a current ratio of 1.22, a quick ratio of 0.54 and a debt-to-equity ratio of 0.96.

Genuine Parts (NYSE:GPC) last announced its earnings results on Tuesday, October 20th. The specialty retailer reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.03. The business had revenue of $6.52 billion for 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%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period last year, the firm posted $1.98 earnings per share. As a group, equities analysts anticipate that Genuine Parts Company will post 7.62 EPS for the current year.

Genuine Parts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 5th. Shareholders of record on Friday, December 4th will be given a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, December 4th. Genuine Parts’s dividend payout ratio (DPR) is presently 1,700.00%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on GPC shares. Truist Financial boosted their price objective on shares of Genuine Parts from $126.00 to $131.00 and gave the stock a “hold” rating in a research report on Tuesday, October 20th. 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. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research note on Monday, September 21st. Argus reduced their price target on shares of Genuine Parts from $156.00 to $150.00 and set a “buy” rating for the company in a research report on Thursday, October 22nd. Finally, Evercore reissued an “outperform” rating on shares of Genuine Parts in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Genuine Parts has a consensus rating of “Moderate Buy” and a consensus target price of $145.00.

Genuine Parts Profile

Genuine Parts Company is a distributor of automotive replacement parts and industrial products. Founded in 1928 and headquartered in Atlanta, Georgia, the company serves businesses and consumers through its distribution networks and brands. Its automotive business distributes replacement parts, accessories and related products, including through the NAPA Auto Parts brand. Its industrial business, operating primarily as Motion, supplies products such as bearings, power-transmission components, fluid-power equipment and other maintenance and repair items to industrial customers.