Genuine Parts Company (NYSE:GPC) Stock Has Consensus Price Target of $147.86 According to Analysts

Shares of Genuine Parts Company (NYSE:GPC) have received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the firm, MarketBeat reports. Five analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $147.86.

GPC has been the topic of several research analyst reports. Truist Financial lifted their target price on Genuine Parts from $124.00 to $126.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. UBS Group reissued a “neutral” rating and issued a $122.00 price target on shares of Genuine Parts in a research report on Wednesday, July 22nd. DA Davidson raised their price target on shares of Genuine Parts from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a research report on Monday, September 21st. Finally, Evercore reiterated an “outperform” rating on shares of Genuine Parts in a research note on Wednesday, July 22nd.

Genuine Parts Trading Down 0.9%

Genuine Parts stock opened at $126.95 on Wednesday. Genuine Parts has a 52 week low of $90.78 and a 52 week high of $151.57. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.50 and a current ratio of 1.16. The firm has a market capitalization of $17.50 billion, a price-to-earnings ratio of 507.81, a P/E/G ratio of 2.37 and a beta of 0.64. The company has a 50 day moving average price of $132.04 and a 200 day moving average price of $116.17.

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

Genuine Parts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 4th will be given a dividend of $1.0625 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $4.25 dividend on an annualized basis and a yield of 3.3%. Genuine Parts’s dividend payout ratio (DPR) is presently 1,700.00%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in Genuine Parts by 85.0% during 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 purchasing an additional 13,900 shares during the last quarter. Paradiem LLC acquired a new stake in shares of Genuine Parts in the first quarter worth $3,154,000. Montag A & Associates Inc. lifted its stake in shares of Genuine Parts by 19.6% in 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 during the last quarter. Hsbc Holdings PLC boosted its holdings in shares of 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 buying an additional 77,936 shares during the period. Finally, Bastion Asset Management Inc. bought a new stake in shares of Genuine Parts during the 1st quarter worth $16,978,000. 78.83% of the stock is owned by institutional investors and hedge funds.

Genuine Parts Company Profile

Genuine Parts Company (NYSE: GPC) is a global distributor of automotive replacement parts and industrial components. Founded in 1928 and headquartered in Atlanta, Georgia, the company serves professional repair businesses, retailers, equipment manufacturers, and other commercial customers through a broad distribution and service network.

In its automotive business, Genuine Parts distributes replacement parts, accessories, tools, and equipment for cars and light trucks. Its operations include the NAPA Auto Parts brand in North America, along with automotive distribution businesses serving customers in Europe and Australasia.