HORAN Wealth LLC Lowers Stake in Genuine Parts Company $GPC

HORAN Wealth LLC decreased its holdings in Genuine Parts Company (NYSE:GPC) by 51.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,596 shares of the specialty retailer’s stock after selling 33,876 shares during the quarter. HORAN Wealth LLC’s holdings in Genuine Parts were worth $3,846,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Strive Financial Group LLC purchased a new stake in Genuine Parts in the 4th quarter worth $25,000. Motiv8 Investments LLC purchased a new position in Genuine Parts during the fourth quarter valued at $31,000. Caitong International Asset Management Co. Ltd grew its position in shares of Genuine Parts by 6,225.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 253 shares of the specialty retailer’s stock valued at $35,000 after purchasing an additional 249 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of Genuine Parts during the fourth quarter worth about $33,000. Finally, Elevation Wealth Partners LLC raised its position in shares of Genuine Parts by 510.9% during the 2nd quarter. Elevation Wealth Partners LLC now owns 281 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 235 shares during the last quarter. 78.83% of the stock is owned by institutional investors and hedge funds.

Genuine Parts Price Performance

Shares of NYSE:GPC opened at $138.08 on Monday. The company has a market capitalization of $19.04 billion, a price-to-earnings ratio of 552.32, a PEG ratio of 2.55 and a beta of 0.64. Genuine Parts Company has a 12-month low of $90.78 and a 12-month high of $151.57. The business has a 50-day moving average price of $129.71 and a 200 day moving average price of $114.46. The company has a current ratio of 1.16, a quick ratio of 0.50 and a debt-to-equity ratio of 0.88.

Genuine Parts (NYSE:GPC) last posted its earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $2.08 by $0.07. The company had revenue of $6.54 billion for the quarter, compared to analysts’ expectations of $6.43 billion. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. Genuine Parts’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.10 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Sell-side analysts expect that Genuine Parts Company will post 7.73 EPS for the current year.

Genuine Parts Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on GPC shares. DA Davidson raised their target price on Genuine Parts from $150.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Truist Financial upped their target price on shares of Genuine Parts from $124.00 to $126.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. Zacks Research raised shares of Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Evercore reaffirmed an “outperform” rating on shares of Genuine Parts in a research note on Wednesday, July 22nd. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Genuine Parts has an average rating of “Moderate Buy” and a consensus price target of $147.86.

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.