Vaughan David Investments LLC IL Buys 5,700 Shares of Genuine Parts Company $GPC

Vaughan David Investments LLC IL grew its stake in shares of Genuine Parts Company (NYSE:GPCFree Report) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 322,912 shares of the specialty retailer’s stock after buying an additional 5,700 shares during the period. Vaughan David Investments LLC IL owned 0.23% of Genuine Parts worth $39,705,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Olistico Wealth LLC bought a new stake in shares of Genuine Parts during the fourth quarter valued at about $25,000. Community Bank N.A. bought a new stake in shares of Genuine Parts during the third quarter valued at about $27,000. WPG Advisers LLC increased its position in shares of Genuine Parts by 213.0% during the fourth quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 164 shares during the period. Lodestone Wealth Management LLC bought a new stake in shares of Genuine Parts during the fourth quarter valued at about $32,000. Finally, Elyxium Wealth LLC bought a new stake in shares of Genuine Parts during the fourth quarter valued at about $33,000. 78.83% of the stock is currently owned by institutional investors.

Genuine Parts Stock Up 3.9%

Shares of NYSE GPC opened at $102.27 on Friday. Genuine Parts Company has a one year low of $90.78 and a one year high of $151.57. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.09 and a quick ratio of 0.48. The firm’s 50 day simple moving average is $102.93 and its two-hundred day simple moving average is $117.52. The stock has a market capitalization of $14.07 billion, a P/E ratio of 237.84 and a beta of 0.66.

Genuine Parts (NYSE:GPCGet Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.02. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. The business had revenue of $6.26 billion for the quarter, compared to analysts’ expectations of $6.17 billion. During the same period last year, the business earned $1.75 earnings per share. The business’s quarterly revenue was up 6.8% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, analysts expect that Genuine Parts Company will post 7.67 EPS for the current fiscal year.

Genuine Parts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th will be given a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, June 5th. Genuine Parts’s dividend payout ratio (DPR) is presently 988.37%.

Insider Buying and Selling

In other news, insider James F. Howe sold 415 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $104.33, for a total transaction of $43,296.95. Following the completion of the sale, the insider owned 25,589 shares of the company’s stock, valued at approximately $2,669,700.37. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.13% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Zacks Research upgraded Genuine Parts from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. UBS Group decreased their price target on Genuine Parts from $135.00 to $125.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Truist Financial decreased their price objective on shares of Genuine Parts from $127.00 to $124.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Raymond James Financial upgraded shares of Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price objective on the stock in a research report on Tuesday, February 24th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Genuine Parts in a research report on Friday, March 27th. 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 stock. According to data from MarketBeat, Genuine Parts has a consensus rating of “Moderate Buy” and an average price target of $143.71.

Get Our Latest Report on Genuine Parts

Genuine Parts Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Genuine Parts (NYSE:GPC)

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.