Tocqueville Asset Management L.P. Acquires New Stake in Genuine Parts Company $GPC

Posted by Stanley Muller on Aug 20th, 2026

Tocqueville Asset Management L.P. bought a new position in shares of Genuine Parts Company (NYSE:GPC – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 692,724 shares of the specialty retailer’s stock, valued at approximately $81,728,000. Genuine Parts makes up approximately 1.1% of Tocqueville Asset Management L.P.’s portfolio, making the stock its 17th largest position. Tocqueville Asset Management L.P. owned about 0.50% of Genuine Parts at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GPC. Strive Financial Group LLC purchased a new stake in Genuine Parts during the fourth quarter worth about $25,000. WPG Advisers LLC boosted its stake in shares of Genuine Parts by 213.0% in the fourth quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 164 shares during the period. Motiv8 Investments LLC purchased a new position in shares of Genuine Parts in the fourth quarter valued at approximately $31,000. Elyxium Wealth LLC acquired a new position in shares of Genuine Parts in the fourth quarter valued at approximately $33,000. Finally, Elevation Wealth Partners LLC grew its holdings in shares of Genuine Parts by 510.9% in the second quarter. Elevation Wealth Partners LLC now owns 281 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 235 shares in the last quarter. 78.83% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

GPC has been the topic of a number of research reports. Evercore reiterated an “outperform” rating on shares of Genuine Parts in a report on Wednesday, July 22nd. Raymond James Financial restated a “strong-buy” rating and issued a $165.00 price target on shares of Genuine Parts in a research note on Wednesday, July 22nd. Zacks Research raised Genuine Parts from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research note on Wednesday, June 24th. Finally, Truist Financial lifted their target price on Genuine Parts from $124.00 to $126.00 and gave the company a “hold” rating in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Genuine Parts has an average rating of “Moderate Buy” and an average target price of $147.86.

Get Our Latest Report on Genuine Parts

Genuine Parts Trading Up 2.1%

NYSE GPC opened at $134.68 on Thursday. Genuine Parts Company has a 52 week low of $90.78 and a 52 week high of $151.57. The firm has a 50 day moving average of $122.84 and a two-hundred day moving average of $115.25. The company has a quick ratio of 0.50, a current ratio of 1.16 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $18.57 billion, a PE ratio of 538.72 and a beta of 0.63.

Genuine Parts (NYSE:GPC – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates 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%. The company’s revenue was up 6.0% on a year-over-year basis. During the same period last year, the business earned $2.10 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, research analysts expect that Genuine Parts Company will post 7.73 EPS for the current fiscal year.

Genuine Parts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 4th will be issued a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Friday, September 4th. Genuine Parts’s payout ratio is 1,700.00%.

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.