Connor Clark & Lunn Investment Management Ltd. Purchases New Position in Genuine Parts Company $GPC

Posted by George Bondi on Aug 26th, 2026

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Genuine Parts Company (NYSE:GPC – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 154,392 shares of the specialty retailer’s stock, valued at approximately $18,215,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Genuine Parts during the second quarter valued at approximately $1,574,910,000. Norges Bank purchased a new stake in Genuine Parts in the fourth quarter worth $293,471,000. Baupost Group LLC MA purchased a new stake in Genuine Parts in the third quarter worth $193,347,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Genuine Parts by 7,774.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,234,984 shares of the specialty retailer’s stock valued at $151,854,000 after acquiring an additional 1,219,300 shares in the last quarter. Finally, Equity Investment Corp bought a new stake in Genuine Parts in the second quarter valued at $114,922,000. Hedge funds and other institutional investors own 78.83% of the company’s stock.

Genuine Parts Price Performance

Shares of GPC stock opened at $138.09 on Wednesday. The business’s fifty day moving average is $125.29 and its 200 day moving average is $115.03. 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 cap of $19.04 billion, a price-to-earnings ratio of 552.34 and a beta of 0.63. Genuine Parts Company has a twelve month low of $90.78 and a twelve month high of $151.57.

Genuine Parts (NYSE:GPC – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $6.43 billion. During the same quarter last year, the firm posted $2.10 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Research analysts expect that Genuine Parts Company will post 7.73 EPS for the current fiscal year.

Genuine Parts Announces Dividend

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

Analysts Set New Price Targets

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

View Our Latest Research Report on Genuine Parts

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.