Zacks Research Raises Earnings Estimates for Genuine Parts

Genuine Parts Company (NYSE:GPC) – Research analysts at Zacks Research increased their Q3 2026 earnings per share (EPS) estimates for shares of Genuine Parts in a research report issued to clients and investors on Tuesday, August 11th. Zacks Research analyst Team now forecasts that the specialty retailer will post earnings of $2.05 per share for the quarter, up from their prior estimate of $2.00. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Genuine Parts’ current full-year earnings is $7.72 per share. Zacks Research also issued estimates for Genuine Parts’ Q4 2026 earnings at $1.71 EPS, FY2026 earnings at $7.68 EPS, Q2 2027 earnings at $2.21 EPS, Q1 2028 earnings at $2.42 EPS and Q2 2028 earnings at $2.39 EPS.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.07. Genuine Parts had a return on equity of 22.59% and a net margin of 0.13%.The business had revenue of $6.54 billion for the quarter, compared to analysts’ expectations of $6.43 billion. During the same quarter in the prior year, the business earned $2.10 EPS. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS.

A number of other analysts have also recently issued reports on the stock. Truist Financial raised their target price on shares of Genuine Parts from $124.00 to $126.00 and gave the stock a “hold” rating in a research note on Wednesday, July 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research note on Wednesday, June 24th. Evercore reissued an “outperform” rating on shares of Genuine Parts in a report on Wednesday, July 22nd. DA Davidson raised their price objective on shares of Genuine Parts from $150.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Finally, UBS Group restated a “neutral” rating and set a $122.00 price objective on shares of Genuine Parts in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $147.86.

Genuine Parts Price Performance

NYSE:GPC opened at $135.03 on Wednesday. Genuine Parts has a one year low of $90.78 and a one year high of $151.57. The company has a market cap of $18.61 billion, a P/E ratio of 540.11 and a beta of 0.63. The firm’s fifty day moving average price is $118.57 and its two-hundred day moving average price is $115.44. 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 Dividend Announcement

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

Hedge Funds Weigh In On Genuine Parts

Several institutional investors and hedge funds have recently modified their holdings of the business. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of Genuine Parts by 85.0% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 30,262 shares of the specialty retailer’s stock valued at $3,200,000 after buying an additional 13,900 shares in the last quarter. Montag A & Associates Inc. grew its position in Genuine Parts by 19.6% during the first quarter. Montag A & Associates Inc. now owns 64,855 shares of the specialty retailer’s stock worth $6,923,000 after buying an additional 10,622 shares in the last quarter. Paradiem LLC acquired a new stake in Genuine Parts during the first quarter worth approximately $3,154,000. Hsbc Holdings PLC increased its stake in Genuine Parts by 19.5% during the 4th quarter. Hsbc Holdings PLC now owns 477,970 shares of the specialty retailer’s stock worth $58,887,000 after acquiring an additional 77,936 shares during the period. Finally, Conning Inc. raised its holdings in Genuine Parts by 5.7% in the 4th quarter. Conning Inc. now owns 246,390 shares of the specialty retailer’s stock valued at $30,296,000 after acquiring an additional 13,357 shares in the last quarter. 78.83% of the stock is currently owned by institutional investors and hedge funds.

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.