6,905 Shares in Genuine Parts Company $GPC Acquired by DB&C Advisors LLC

DB&C Advisors LLC bought a new position in shares of Genuine Parts Company (NYSE:GPC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,905 shares of the specialty retailer’s stock, valued at approximately $849,000.

Several other hedge funds and other institutional investors have also modified their holdings of GPC. United Asset Strategies Inc. grew its stake in Genuine Parts by 1.6% during the fourth quarter. United Asset Strategies Inc. now owns 4,492 shares of the specialty retailer’s stock worth $552,000 after buying an additional 72 shares during the last quarter. J2 Capital Management Inc raised its stake in shares of Genuine Parts by 1.9% in the fourth quarter. J2 Capital Management Inc now owns 4,136 shares of the specialty retailer’s stock valued at $509,000 after acquiring an additional 79 shares during the last quarter. Hantz Financial Services Inc. raised its stake in shares of Genuine Parts by 25.9% in the third quarter. Hantz Financial Services Inc. now owns 399 shares of the specialty retailer’s stock valued at $55,000 after acquiring an additional 82 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in shares of Genuine Parts by 0.6% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 14,806 shares of the specialty retailer’s stock worth $2,052,000 after acquiring an additional 83 shares in the last quarter. Finally, Capital Investment Advisors LLC grew its position in Genuine Parts by 0.6% during the 4th quarter. Capital Investment Advisors LLC now owns 14,173 shares of the specialty retailer’s stock worth $1,743,000 after acquiring an additional 83 shares during the last quarter. Institutional investors own 78.83% of the company’s stock.

Genuine Parts Trading Down 0.6%

Shares of GPC opened at $98.05 on Friday. The stock has a fifty day moving average price of $103.39 and a two-hundred day moving average price of $118.33. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.48 and a current ratio of 1.09. Genuine Parts Company has a 52-week low of $90.78 and a 52-week high of $151.57. The company has a market cap of $13.49 billion, a price-to-earnings ratio of 228.02 and a beta of 0.66.

Genuine Parts (NYSE:GPC) last issued its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.02. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The firm had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.17 billion. During the same quarter in the previous year, the company posted $1.75 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Analysts predict that Genuine Parts Company will post 7.65 EPS for the current fiscal year.

Genuine Parts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th will be paid a $1.0625 dividend. This represents a $4.25 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, June 5th. Genuine Parts’s dividend payout ratio (DPR) is 988.37%.

Insider Activity at Genuine Parts

In other news, insider James F. Howe sold 415 shares of Genuine Parts 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 completion of the sale, the insider directly owned 25,589 shares of the company’s stock, valued at approximately $2,669,700.37. This trade represents a 1.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on GPC shares. Zacks Research upgraded Genuine Parts from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research report on Friday, March 27th. Raymond James Financial upgraded Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price objective for the company in a research report on Tuesday, February 24th. UBS Group cut their price objective on Genuine Parts from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Finally, Evercore set a $160.00 price objective on Genuine Parts in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $143.71.

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.