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

Genuine Parts (NYSE:GPCGet Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 7.500-8.000 for the period, compared to the consensus estimate of 7.740. The company issued revenue guidance of $25.0 billion-$25.6 billion, compared to the consensus revenue estimate of $25.3 billion.

Genuine Parts Price Performance

Genuine Parts stock opened at $114.89 on Wednesday. The stock’s 50 day moving average is $112.96 and its 200 day moving average is $124.66. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.08 and a quick ratio of 0.46. The firm has a market cap of $15.98 billion, a P/E ratio of 249.76 and a beta of 0.76. Genuine Parts has a one year low of $96.08 and a one year high of $151.57.

Genuine Parts (NYSE:GPCGet Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.02. The company had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.17 billion. Genuine Parts had a return on equity of 22.28% and a net margin of 0.27%.The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.75 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, research analysts expect that Genuine Parts will post 7.76 EPS for the current year.

Genuine Parts Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Friday, March 6th were paid a $1.0625 dividend. This is an increase from Genuine Parts’s previous quarterly dividend of $1.03. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, March 6th. Genuine Parts’s payout ratio is presently 923.91%.

Analyst Upgrades and Downgrades

GPC has been the topic of a number of recent analyst reports. Evercore set a $160.00 price objective on Genuine Parts in a research note on Friday, February 20th. Raymond James Financial raised Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price target on the stock in a research note on Tuesday, February 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a research note on Friday, March 27th. UBS Group dropped their price target on Genuine Parts from $150.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Finally, Truist Financial set a $127.00 price target on Genuine Parts and gave the company a “hold” rating in a research note on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Genuine Parts currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.57.

Check Out Our Latest Stock Report on Genuine Parts

Genuine Parts News Summary

Here are the key news stories impacting Genuine Parts this week:

Hedge Funds Weigh In On Genuine Parts

Several institutional investors have recently added to or reduced their stakes in GPC. Strive Financial Group LLC bought a new stake in shares of Genuine Parts during the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd increased its holdings 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 acquiring an additional 249 shares in the last quarter. BOKF NA increased its holdings in shares of Genuine Parts by 26.8% during the third quarter. BOKF NA now owns 487 shares of the specialty retailer’s stock valued at $67,000 after acquiring an additional 103 shares in the last quarter. Zions Bancorporation National Association UT increased its holdings in shares of Genuine Parts by 36.0% during the fourth quarter. Zions Bancorporation National Association UT now owns 574 shares of the specialty retailer’s stock valued at $71,000 after acquiring an additional 152 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Genuine Parts during the fourth quarter valued at approximately $83,000. 78.83% of the stock is owned by institutional investors and hedge funds.

Genuine Parts Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Genuine Parts (NYSE:GPC)

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