Gabelli Funds LLC Sells 16,800 Shares of Genuine Parts Company $GPC

Posted by Francis Steltz on Jul 25th, 2026

Gabelli Funds LLC lessened its holdings in shares of Genuine Parts Company (NYSE:GPC – Free Report) by 2.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 691,700 shares of the specialty retailer’s stock after selling 16,800 shares during the quarter. Gabelli Funds LLC’s holdings in Genuine Parts were worth $73,147,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. United Asset Strategies Inc. increased its holdings in shares of Genuine Parts by 1.6% in the fourth quarter. United Asset Strategies Inc. now owns 4,492 shares of the specialty retailer’s stock worth $552,000 after acquiring an additional 72 shares in the last quarter. J2 Capital Management Inc raised its position in shares of Genuine Parts by 1.9% during the fourth quarter. J2 Capital Management Inc now owns 4,136 shares of the specialty retailer’s stock worth $509,000 after purchasing an additional 79 shares during the period. Capital Investment Advisors LLC lifted its holdings in shares of Genuine Parts by 0.6% during the 4th quarter. Capital Investment Advisors LLC now owns 14,173 shares of the specialty retailer’s stock valued at $1,743,000 after purchasing an additional 83 shares in the last quarter. IHT Wealth Management LLC lifted its holdings in shares of Genuine Parts by 1.8% during the 4th quarter. IHT Wealth Management LLC now owns 4,644 shares of the specialty retailer’s stock valued at $571,000 after purchasing an additional 83 shares in the last quarter. Finally, Matrix Trust Co grew its position in shares of Genuine Parts by 27.6% in the 4th quarter. Matrix Trust Co now owns 393 shares of the specialty retailer’s stock valued at $48,000 after purchasing an additional 85 shares during the period. 78.83% of the stock is currently owned by institutional investors.

Genuine Parts Stock Up 3.5%

NYSE:GPC opened at $124.20 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.48 and a current ratio of 1.16. The company has a market cap of $17.12 billion, a PE ratio of 496.80 and a beta of 0.63. Genuine Parts Company has a 52-week low of $90.78 and a 52-week high of $151.57. The stock has a 50-day simple moving average of $110.48 and a 200 day simple moving average of $115.55.

Genuine Parts (NYSE:GPC – Get Free Report) last announced its earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.07. Genuine Parts had a return on equity of 22.59% and a net margin of 0.13%.The business had revenue of $6.54 billion for the quarter, compared to analyst estimates of $6.43 billion. During the same quarter last year, the firm earned $2.10 EPS. Genuine Parts’s revenue for the quarter was up 6.0% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, sell-side analysts expect that Genuine Parts Company will post 7.69 EPS for the current fiscal year.

Genuine Parts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th were issued a $1.0625 dividend. The ex-dividend date was Friday, June 5th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.4%. Genuine Parts’s dividend payout ratio (DPR) is 1,700.00%.

Insider Activity at Genuine Parts

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

Analyst Ratings Changes

A number of analysts recently issued reports on GPC shares. Zacks Research raised Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. DA Davidson upped their price target on shares of Genuine Parts from $145.00 to $150.00 and gave the company a “buy” rating in a report on Monday, July 6th. Evercore reissued an “outperform” rating on shares of Genuine Parts in a research report on Wednesday. Raymond James Financial restated a “strong-buy” rating and set a $165.00 price objective on shares of Genuine Parts in a report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $145.00.

Get Our Latest Stock Analysis on GPC

About Genuine Parts

(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.