Genuine Parts Company (NYSE:GPC) Given Consensus Rating of “Hold” by Analysts

Shares of Genuine Parts Company (NYSE:GPC) have received an average rating of “Hold” from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $143.7143.

A number of analysts have recently issued reports on GPC shares. Zacks Research lowered shares of Genuine Parts from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 25th. UBS Group reduced their price target on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a research report on Friday, March 27th. Evercore set a $160.00 price target on shares of Genuine Parts in a research report on Friday, February 20th. Finally, Raymond James Financial raised shares of Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price objective on the stock in a research report on Tuesday, February 24th.

Genuine Parts Price Performance

NYSE GPC opened at $104.71 on Friday. The company has a 50 day simple moving average of $108.86 and a 200-day simple moving average of $123.45. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.09 and a quick ratio of 0.48. The firm has a market capitalization of $14.41 billion, a price-to-earnings ratio of 243.51 and a beta of 0.70. Genuine Parts has a 52-week low of $96.08 and a 52-week high of $151.57.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.02. The business had revenue of $6.26 billion during the quarter, compared to analyst estimates of $6.17 billion. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. The firm’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.75 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Equities research analysts predict that Genuine Parts will post 7.73 earnings per share for the current fiscal year.

Genuine Parts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 5th will be given a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, June 5th. Genuine Parts’s dividend payout ratio (DPR) is presently 988.37%.

Hedge Funds Weigh In On Genuine Parts

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Olistico Wealth LLC bought a new position in Genuine Parts during the fourth quarter valued at approximately $25,000. Strive Financial Group LLC bought a new position in Genuine Parts during the fourth quarter valued at approximately $25,000. Community Bank N.A. bought a new position in Genuine Parts during the third quarter valued at approximately $27,000. Peoples Financial Services CORP. bought a new position in Genuine Parts during the third quarter valued at approximately $29,000. Finally, WPG Advisers LLC raised its position in Genuine Parts by 213.0% during the fourth quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock valued at $30,000 after acquiring an additional 164 shares in the last quarter. Institutional investors own 78.83% of the company’s stock.

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.