Pallas Capital Advisors LLC Takes $565,000 Position in Genuine Parts Company $GPC

Posted by George Bondi on Aug 20th, 2026

Pallas Capital Advisors LLC purchased a new position in shares of Genuine Parts Company (NYSE:GPC – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,791 shares of the specialty retailer’s stock, valued at approximately $565,000.

Several other institutional investors have also recently made changes to their positions in GPC. United Asset Strategies Inc. increased its stake in Genuine Parts by 1.6% during 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 during the last quarter. IHT Wealth Management LLC lifted its stake in shares of Genuine Parts by 1.8% in 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 during the last quarter. Oakworth Capital Inc. lifted its stake in shares of Genuine Parts by 1.9% in the 4th quarter. Oakworth Capital Inc. now owns 4,680 shares of the specialty retailer’s stock valued at $575,000 after purchasing an additional 88 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of Genuine Parts by 34.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 341 shares of the specialty retailer’s stock worth $42,000 after purchasing an additional 88 shares during the period. Finally, Beacon Investment Advisory Services Inc. grew its holdings in shares of Genuine Parts by 13.8% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 727 shares of the specialty retailer’s stock worth $86,000 after purchasing an additional 88 shares during the period. Hedge funds and other institutional investors own 78.83% of the company’s stock.

Genuine Parts Stock Performance

Shares of GPC stock opened at $134.68 on Thursday. The firm has a 50 day moving average of $122.84 and a two-hundred day moving average of $115.25. The stock has a market capitalization of $18.57 billion, a PE ratio of 538.72 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 Company has a 52 week low of $90.78 and a 52 week high of $151.57.

Genuine Parts (NYSE:GPC – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share for the quarter, topping 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 return on equity of 22.59% and a net margin of 0.13%.The company’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.10 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, research analysts predict that Genuine Parts Company will post 7.73 EPS for the current fiscal year.

Genuine Parts Dividend Announcement

The business 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. The ex-dividend date is Friday, September 4th. This represents a $4.25 annualized dividend and a yield of 3.2%. Genuine Parts’s dividend payout ratio is 1,700.00%.

Analyst Ratings Changes

Several brokerages recently issued reports on GPC. DA Davidson boosted their price objective on shares of Genuine Parts from $150.00 to $170.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Evercore reiterated an “outperform” rating on shares of Genuine Parts in a research report on Wednesday, July 22nd. Raymond James Financial reissued a “strong-buy” rating and issued a $165.00 price target on shares of Genuine Parts in a research note on Wednesday, July 22nd. Truist Financial upped their price objective on shares of Genuine Parts from $124.00 to $126.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genuine Parts in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Genuine Parts currently has an average rating of “Moderate Buy” and an average target price of $147.86.

Check Out Our Latest Research Report on Genuine Parts

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.

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

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