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

Genuine Parts (NYSE:GPC) updated 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 earnings per share 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.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Genuine Parts in a research note on Friday, March 27th. Evercore set a $160.00 price target on Genuine Parts in a research note on Friday, February 20th. UBS Group cut their price target on Genuine Parts from $150.00 to $135.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Raymond James Financial upgraded Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price target for the company in a research note on Tuesday, February 24th. Finally, Truist Financial set a $127.00 price objective on Genuine Parts and gave the stock a “hold” rating in a research note on Wednesday, February 18th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $145.57.

Genuine Parts Price Performance

NYSE:GPC opened at $112.54 on Tuesday. Genuine Parts has a 12 month low of $96.08 and a 12 month high of $151.57. The stock has a 50 day moving average of $113.59 and a two-hundred day moving average of $124.84. The company has a current ratio of 1.08, a quick ratio of 0.46 and a debt-to-equity ratio of 0.79. The firm has a market cap of $15.66 billion, a P/E ratio of 244.65 and a beta of 0.76.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 EPS for the quarter, topping the consensus estimate of $1.75 by $0.02. Genuine Parts had a return on equity of 22.28% and a net margin of 0.27%.Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, analysts expect that Genuine Parts will post 7.76 earnings per share for the current fiscal year.

Genuine Parts Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th were paid a dividend of $1.0625 per share. This is an increase from Genuine Parts’s previous quarterly dividend of $1.03. The ex-dividend date was Friday, March 6th. This represents a $4.25 annualized dividend and a yield of 3.8%. Genuine Parts’s dividend payout ratio (DPR) is presently 923.91%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. IHT Wealth Management LLC boosted its holdings in shares of Genuine Parts by 1.8% during the 4th quarter. IHT Wealth Management LLC now owns 4,644 shares of the specialty retailer’s stock worth $571,000 after purchasing an additional 83 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ boosted its holdings in shares of Genuine Parts by 3.8% during the 4th quarter. Lansforsakringar Fondforvaltning AB publ now owns 2,413 shares of the specialty retailer’s stock worth $297,000 after purchasing an additional 88 shares during the last quarter. Snowden Capital Advisors LLC boosted its holdings in shares of Genuine Parts by 0.9% during the 2nd quarter. Snowden Capital Advisors LLC now owns 10,589 shares of the specialty retailer’s stock worth $1,296,000 after purchasing an additional 91 shares during the last quarter. BOKF NA boosted its holdings in shares of Genuine Parts by 26.8% during the 3rd quarter. BOKF NA now owns 487 shares of the specialty retailer’s stock worth $67,000 after purchasing an additional 103 shares during the last quarter. Finally, Binnacle Investments Inc boosted its holdings in shares of Genuine Parts by 10.7% during the 3rd quarter. Binnacle Investments Inc now owns 1,153 shares of the specialty retailer’s stock worth $160,000 after purchasing an additional 111 shares during the last quarter. 78.83% of the stock is currently owned by institutional investors and hedge funds.

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.