Handelsbanken Fonder AB Has $4.96 Million Position in Genuine Parts Company $GPC

Posted by Brian Himes on Aug 15th, 2026

Handelsbanken Fonder AB cut its stake in shares of Genuine Parts Company (NYSE:GPC – Free Report) by 40.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 42,000 shares of the specialty retailer’s stock after selling 28,167 shares during the quarter. Handelsbanken Fonder AB’s holdings in Genuine Parts were worth $4,955,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. United Asset Strategies Inc. grew its position in shares of Genuine Parts by 1.6% in the 4th quarter. United Asset Strategies Inc. now owns 4,492 shares of the specialty retailer’s stock valued at $552,000 after acquiring an additional 72 shares during the period. IHT Wealth Management LLC lifted its position in Genuine Parts by 1.8% during the fourth quarter. IHT Wealth Management LLC now owns 4,644 shares of the specialty retailer’s stock worth $571,000 after acquiring an additional 83 shares during the last quarter. Oakworth Capital Inc. increased its position in Genuine Parts by 1.9% during the 4th quarter. Oakworth Capital Inc. now owns 4,680 shares of the specialty retailer’s stock worth $575,000 after buying an additional 88 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Genuine Parts by 34.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 341 shares of the specialty retailer’s stock worth $42,000 after buying an additional 88 shares in the last quarter. Finally, Beacon Investment Advisory Services Inc. lifted its holdings in shares of Genuine Parts by 13.8% during the second quarter. Beacon Investment Advisory Services Inc. now owns 727 shares of the specialty retailer’s stock worth $86,000 after buying an additional 88 shares in the last quarter. 78.83% of the stock is owned by institutional investors.

Genuine Parts Stock Performance

GPC opened at $134.98 on Friday. Genuine Parts Company has a 1-year low of $90.78 and a 1-year high of $151.57. The company has a market cap of $18.61 billion, a price-to-earnings ratio of 539.93 and a beta of 0.63. The company’s fifty day moving average price is $120.75 and its two-hundred day moving average price is $115.54. The company has a current ratio of 1.16, a quick ratio of 0.50 and a debt-to-equity ratio of 0.88.

Genuine Parts (NYSE:GPC – Get Free Report) last released its quarterly 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 during the quarter, compared to the consensus estimate of $6.43 billion. During the same quarter in the previous year, the business earned $2.10 EPS. The company’s quarterly revenue was up 6.0% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, analysts expect that Genuine Parts Company will post 7.73 EPS for the current fiscal year.

Genuine Parts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 4th will be paid a $1.0625 dividend. The ex-dividend date is Friday, September 4th. This represents a $4.25 annualized dividend and a dividend yield of 3.1%. Genuine Parts’s dividend payout ratio (DPR) is presently 1,700.00%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on GPC. Truist Financial lifted their price target on shares of Genuine Parts from $124.00 to $126.00 and gave the company a “hold” rating in a research report on Wednesday, July 22nd. Raymond James Financial reiterated a “strong-buy” rating and issued a $165.00 price target on shares of Genuine Parts in a research note on Wednesday, July 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Genuine Parts in a research report on Wednesday, June 24th. DA Davidson lifted their target price on Genuine Parts from $150.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, Zacks Research upgraded shares of Genuine Parts from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $147.86.

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About Genuine Parts

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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.