Genuine Parts (NYSE:GPC) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Genuine Parts (NYSE:GPC) issued its quarterly earnings data on Tuesday. The specialty retailer reported $1.77 EPS for the quarter, topping the consensus estimate of $1.75 by $0.02, Zacks reports. Genuine Parts had a return on equity of 22.28% and a net margin of 0.27%. Genuine Parts updated its FY 2026 guidance to 7.500-8.000 EPS.

Genuine Parts Stock Performance

Shares of GPC opened at $112.54 on Tuesday. 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 company has a market capitalization of $15.66 billion, a price-to-earnings ratio of 244.65 and a beta of 0.76. The stock has a 50 day moving average of $113.59 and a 200 day moving average of $124.84. Genuine Parts has a 12 month low of $96.08 and a 12 month high of $151.57.

Genuine Parts Increases Dividend

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

Institutional Trading of Genuine Parts

Large investors have recently bought and sold shares of the company. Strive Financial Group LLC purchased a new stake in Genuine Parts in the fourth quarter worth $25,000. Caitong International Asset Management Co. Ltd increased its position in 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 worth $35,000 after buying an additional 249 shares during the last quarter. BOKF NA increased its position in Genuine Parts by 26.8% in the third quarter. BOKF NA now owns 487 shares of the specialty retailer’s stock worth $67,000 after buying an additional 103 shares during the last quarter. Zions Bancorporation National Association UT increased its position in Genuine Parts by 36.0% in the fourth quarter. Zions Bancorporation National Association UT now owns 574 shares of the specialty retailer’s stock worth $71,000 after buying an additional 152 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in Genuine Parts in the fourth quarter worth $83,000. 78.83% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on GPC shares. Raymond James Financial raised 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 note on Tuesday, February 24th. Zacks Research downgraded Genuine Parts from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 25th. UBS Group decreased their price target on Genuine Parts from $150.00 to $135.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Truist Financial set a $127.00 price target on Genuine Parts and gave the company a “hold” rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a research report on Friday, March 27th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $145.57.

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.