Genuine Parts (NYSE:GPC – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 7.500-7.750 for the period, compared to the consensus EPS estimate of 7.730. The company issued revenue guidance of $25.0 billion-$25.6 billion, compared to the consensus revenue estimate of $25.5 billion.
Wall Street Analyst Weigh In
A number of analysts have issued reports on the company. JPMorgan Chase & Co. lifted their price objective on Genuine Parts from $125.00 to $137.00 and gave the stock an “overweight” rating in a research note on Monday, October 12th. Truist Financial boosted their price objective on Genuine Parts from $126.00 to $131.00 and gave the stock a “hold” rating in a research note on Tuesday. UBS Group lifted their target price on Genuine Parts from $122.00 to $125.00 and gave the stock a “neutral” rating in a report on Wednesday. DA Davidson raised their price target on Genuine Parts from $150.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $165.00 target price on shares of Genuine Parts in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $144.29.
View Our Latest Report on Genuine Parts
Genuine Parts Stock Up 1.0%
NYSE GPC traded up $1.26 on Wednesday, reaching $124.78. 1,845,097 shares of the stock traded hands, compared to its average volume of 1,560,111. Genuine Parts has a 12 month low of $90.78 and a 12 month 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 company has a fifty day moving average price of $131.88 and a 200-day moving average price of $118.81. The company has a market cap of $17.20 billion, a price-to-earnings ratio of 499.11, a PEG ratio of 2.41 and a beta of 0.67.
Genuine Parts (NYSE:GPC – Get Free Report) last announced its quarterly earnings results on Tuesday, October 20th. The specialty retailer reported $2.07 EPS for the quarter, beating the consensus estimate of $2.04 by $0.03. Genuine Parts had a return on equity of 22.59% and a net margin of 0.13%. The firm had revenue of $6.52 billion for the quarter, compared to analyst estimates of $6.49 billion. During the same quarter last year, the firm posted $1.98 earnings per share. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. As a group, research analysts forecast that Genuine Parts will post 7.73 EPS for the current fiscal year.
Genuine Parts Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 4th were paid a $1.0625 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $4.25 dividend on an annualized basis and a yield of 3.4%. Genuine Parts’s payout ratio is 1,700.00%.
Trending Headlines about Genuine Parts
Here are the key news stories impacting Genuine Parts this week:
- Positive Sentiment: Third-quarter revenue rose 4.2% year over year to $6.52 billion, slightly exceeding the approximately $6.49 billion consensus estimate. Adjusted EPS of $2.07 also topped the $2.04 estimate cited by FactSet, while the Industrial segment delivered 6% sales growth to $2.4 billion. Genuine Parts Company Reports Third Quarter 2026 Results
- Positive Sentiment: Genuine Parts expects to complete its corporate separation in early 2027, a potential catalyst that could allow the Automotive and Industrial businesses to pursue more focused strategies. Genuine Parts: 3 Key Takeaways for Long-Term Investors
- Neutral Sentiment: UBS raised its price target for GPC to $125 from $122 but maintained a Neutral rating, signaling limited near-term upside in its view. UBS Adjusts Price Target on Genuine Parts
- Negative Sentiment: Management narrowed fiscal 2026 adjusted EPS guidance to $7.50-$7.75 from $7.50-$8.00; the midpoint is below the roughly $7.73 analyst consensus. Revenue guidance of $25.0 billion-$25.6 billion also implies a midpoint slightly below expectations. Genuine Parts Company Reports Third Quarter 2026 Results
- Negative Sentiment: Automotive margin pressure, cost inflation and broader macroeconomic uncertainty weighed on the earnings outlook. Reports characterized the quarter as a sales beat but an earnings miss under certain consensus measures, increasing concern about sustained profitability. GPC Q3 Earnings Miss Estimates on Automotive Margin Pressure
Genuine Parts Company Profile
Genuine Parts Company (NYSE:GPC) is a distributor of automotive and industrial replacement parts. Its Automotive Parts Group supplies components and accessories for cars, trucks and other vehicles, serving professional repair shops, commercial customers and do-it-yourself consumers through distribution networks, stores and digital channels.
The company’s Industrial Parts Group distributes products used to maintain and repair manufacturing, commercial and other industrial equipment. Its offerings include bearings, power-transmission components, motion-control products, industrial supplies and related maintenance, repair and operations products.
Read More
- Five stocks we like better than Genuine Parts
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Receive News & Ratings for Genuine Parts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genuine Parts and related companies with MarketBeat.com's FREE daily email newsletter.
