Entropy Technologies LP Acquires New Holdings in Genuine Parts Company $GPC

Entropy Technologies LP bought a new position in shares of Genuine Parts Company (NYSE:GPCFree Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 5,493 shares of the specialty retailer’s stock, valued at approximately $581,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Strive Financial Group LLC bought a new position in shares of Genuine Parts during the fourth quarter valued at $25,000. WPG Advisers LLC lifted its holdings 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 worth $30,000 after purchasing an additional 164 shares during the period. Motiv8 Investments LLC bought a new stake in shares of Genuine Parts in the fourth quarter worth $31,000. Lodestone Wealth Management LLC acquired a new stake in Genuine Parts in the fourth quarter valued at $32,000. Finally, Elyxium Wealth LLC acquired a new stake in Genuine Parts in the fourth quarter valued at $33,000. 78.83% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Evercore reaffirmed an “outperform” rating on shares of Genuine Parts in a research report on Wednesday, July 22nd. Zacks Research raised Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a research note on Wednesday, June 24th. UBS Group reaffirmed a “neutral” rating and issued a $122.00 price objective on shares of Genuine Parts in a research note on Wednesday, July 22nd. Finally, DA Davidson upped their target price on Genuine Parts from $145.00 to $150.00 and gave the company a “buy” rating in a report on Monday, July 6th. One research 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 company. Based on data from MarketBeat.com, Genuine Parts presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.00.

Check Out Our Latest Stock Analysis on Genuine Parts

Genuine Parts Price Performance

Shares of NYSE GPC opened at $130.22 on Thursday. Genuine Parts Company has a twelve month low of $90.78 and a twelve month high of $151.57. The firm has a fifty day simple moving average of $112.62 and a 200 day simple moving average of $115.59. The company has a market capitalization of $17.95 billion, a PE ratio of 520.88 and a beta of 0.63. The company has a quick ratio of 0.50, a current ratio of 1.16 and a debt-to-equity ratio of 0.88.

Genuine Parts (NYSE:GPCGet Free Report) last released 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 business had revenue of $6.54 billion for the quarter, compared to analyst estimates of $6.43 billion. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. Genuine Parts’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.10 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, sell-side analysts forecast that Genuine Parts Company will post 7.72 EPS for the current year.

Insider Buying and Selling at Genuine Parts

In other news, insider James F. Howe sold 415 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $104.33, for a total value of $43,296.95. Following the transaction, the insider directly owned 25,589 shares of the company’s stock, valued at $2,669,700.37. The trade was a 1.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.13% of the company’s stock.

Genuine Parts Company 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.

See Also

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

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