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

Genuine Parts (NYSE:GPC) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 7.500-8.000 for the period, compared to the consensus estimate of 7.700. The company issued revenue guidance of $25.0 billion-$25.6 billion, compared to the consensus revenue estimate of $25.4 billion.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Truist Financial decreased their price objective on Genuine Parts from $127.00 to $124.00 and set a “hold” rating for the company in a report on Wednesday, April 22nd. UBS Group reduced their target price on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a report on Wednesday, June 24th. Zacks Research upgraded Genuine Parts from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Finally, DA Davidson raised their price target on Genuine Parts from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Genuine Parts presently has an average rating of “Moderate Buy” and a consensus price target of $144.50.

Genuine Parts Trading Down 1.9%

Shares of Genuine Parts stock opened at $122.41 on Tuesday. The company’s 50-day moving average price is $108.58 and its 200-day moving average price is $115.55. The company has a current ratio of 1.09, a quick ratio of 0.48 and a debt-to-equity ratio of 0.77. Genuine Parts has a 12-month low of $90.78 and a 12-month high of $151.57. The company has a market cap of $16.85 billion, a price-to-earnings ratio of 284.68 and a beta of 0.63.

Genuine Parts (NYSE:GPC) last posted its earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.05. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. The business had revenue of $6.54 billion for the quarter, compared to analyst estimates of $6.43 billion. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, equities analysts expect that Genuine Parts will post 7.69 earnings per share for the current fiscal year.

Genuine Parts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th were issued a $1.0625 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $4.25 annualized dividend and a dividend yield of 3.5%. Genuine Parts’s dividend payout ratio is presently 988.37%.

Insider Activity

In related news, insider James F. Howe sold 415 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.33, for a total value of $43,296.95. Following the sale, the insider owned 25,589 shares in the company, valued at approximately $2,669,700.37. This trade represents a 1.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.13% of the company’s stock.

Institutional Trading of Genuine Parts

A number of large investors have recently modified their holdings of GPC. Pinnacle Financial Partners Inc. raised its holdings in shares of Genuine Parts by 709.4% during the 3rd quarter. Pinnacle Financial Partners Inc. now owns 26,655 shares of the specialty retailer’s stock valued at $3,694,000 after buying an additional 23,362 shares in the last quarter. Inceptionr LLC purchased a new stake in Genuine Parts in the fourth quarter worth approximately $213,000. Focus Partners Advisor Solutions LLC bought a new position in Genuine Parts during the fourth quarter valued at approximately $208,000. Ancora Advisors LLC grew its position in Genuine Parts by 15.5% during the third quarter. Ancora Advisors LLC now owns 1,489 shares of the specialty retailer’s stock valued at $206,000 after acquiring an additional 200 shares during the last quarter. Finally, Binnacle Investments Inc raised its stake in shares of Genuine Parts by 10.7% during the third quarter. Binnacle Investments Inc now owns 1,153 shares of the specialty retailer’s stock worth $160,000 after acquiring an additional 111 shares in the last quarter. Institutional investors own 78.83% of the company’s stock.

Genuine Parts Company Profile

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.