Genuine Parts Company (NYSE:GPC) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Genuine Parts Company (NYSE:GPC) have earned an average recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $147.8571.

Several equities research analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research report on Wednesday, June 24th. DA Davidson raised their target price on shares of Genuine Parts from $150.00 to $170.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Raymond James Financial restated a “strong-buy” rating and set a $165.00 target price on shares of Genuine Parts in a research report on Wednesday, July 22nd. UBS Group reaffirmed a “neutral” rating and issued a $122.00 price target on shares of Genuine Parts in a report on Wednesday, July 22nd. Finally, Evercore reiterated an “outperform” rating on shares of Genuine Parts in a research report on Wednesday, July 22nd.

Hedge Funds Weigh In On Genuine Parts

A number of institutional investors have recently made changes to their positions in GPC. Strive Financial Group LLC purchased a new position in Genuine Parts in the 4th quarter valued at about $25,000. Motiv8 Investments LLC purchased a new stake in shares of Genuine Parts during the fourth quarter worth about $31,000. Elyxium Wealth LLC acquired a new position in shares of Genuine Parts in the fourth quarter valued at approximately $33,000. Elevation Wealth Partners LLC raised its position in shares of Genuine Parts by 510.9% in the second quarter. Elevation Wealth Partners LLC now owns 281 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 235 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of Genuine Parts by 6,225.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 253 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 249 shares during the period. 78.83% of the stock is owned by institutional investors and hedge funds.

Genuine Parts Stock Performance

GPC opened at $138.08 on Friday. Genuine Parts has a 1-year low of $90.78 and a 1-year high of $151.57. The stock has a market cap of $19.04 billion, a P/E ratio of 552.32, a P/E/G ratio of 2.54 and a beta of 0.64. The stock’s 50 day simple moving average is $129.71 and its 200 day simple moving average is $114.69. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.16 and a quick ratio of 0.50.

Genuine Parts (NYSE:GPC) last issued its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.07. The firm had revenue of $6.54 billion during the quarter, compared to analysts’ expectations of $6.43 billion. Genuine Parts had a return on equity of 22.59% and a net margin of 0.13%.Genuine Parts’s revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.10 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, equities analysts anticipate that Genuine Parts will post 7.73 EPS for the current fiscal year.

Genuine Parts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 4th will be issued a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Friday, September 4th. Genuine Parts’s dividend payout ratio is 1,700.00%.

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.