Genuine Parts Company (NYSE:GPC) Stock Has Average Price Target of $145.00

Key Points

• Analyst sentiment is moderately positive: Ten firms rate Genuine Parts a “Moderate Buy” overall, with an average 12-month price target of $145.
• The company beat quarterly estimates, reporting EPS of $2.07 versus $2.04 expected and revenue of $6.52 billion, up 4.2% year over year.
• Genuine Parts declared a quarterly dividend of $1.0625 per share, equivalent to $4.25 annually and a 3.4% yield; meanwhile, Zacks lowered several earnings estimates for upcoming quarters and fiscal years.

Genuine Parts Company (NYSE:GPC - Get Free Report) has been assigned an average rating of "Moderate Buy" from the ten ratings firms that are presently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $145.00.

GPC has been the topic of several recent research reports. Raymond James Financial restated a "strong-buy" rating and set a $165.00 target price on shares of Genuine Parts in a report on Wednesday, July 22nd. Weiss Ratings reissued a "hold (c-)" rating on shares of Genuine Parts in a report on Monday, September 21st. JPMorgan Chase & Co. boosted their price objective on shares of Genuine Parts from $125.00 to $137.00 and gave the stock an "overweight" rating in a research report on Monday, October 12th. DA Davidson lifted their price objective on Genuine Parts from $150.00 to $170.00 and gave the stock a "buy" rating in a research note on Monday, August 3rd. Finally, The Goldman Sachs Group set a $122.00 price target on shares of Genuine Parts in a report on Tuesday, October 20th.

Top Genuine Parts Stories

Here are a few of the latest stories about GPC:

• Positive Sentiment: Genuine Parts declared a quarterly dividend of $1.0625 per share, equal to $4.25 annually and a yield of about 3.4%. The dividend offers ongoing income support for shareholders. Article: Genuine Parts Declares Quarterly Dividend
• Negative Sentiment: Zacks Research cut several earnings forecasts, including Q4 2026 EPS to $1.59 from $1.71, FY2027 to $8.18 from $8.23, and FY2028 to $9.09 from $9.57. It also lowered estimates for Q1 2027, Q4 2027, Q1 2028, and Q3 2028. The broad downward revisions may weigh on sentiment by pointing to softer expected earnings.
• Neutral Sentiment: One revision went the other way: Zacks slightly raised its Q2 2027 EPS estimate to $2.22 from $2.21, a small improvement that does little to offset the wider set of cuts.

Genuine Parts Stock Down 0.8%

NYSE:GPC opened at $123.72 on Thursday. The company has a current ratio of 1.22, a quick ratio of 0.54 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $17.06 billion, a price-to-earnings ratio of 494.86, a PEG ratio of 2.73 and a beta of 0.65. The business's fifty day moving average price is $128.20 and its 200 day moving average price is $119.83. Genuine Parts has a 1-year low of $90.78 and a 1-year high of $151.57.

Genuine Parts (NYSE:GPC - Get Free Report) last released its quarterly earnings data on Tuesday, October 20th. The specialty retailer reported $2.07 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.03. The firm had revenue of $6.52 billion for the quarter, compared to analyst estimates of $6.49 billion. Genuine Parts had a net margin of 0.12% and a return on equity of 23.00%. The company's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.98 EPS. On average, sell-side analysts forecast that Genuine Parts will post 7.62 earnings per share for the current fiscal year.

Genuine Parts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 5th. Investors of record on Friday, December 4th will be paid a $1.0625 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $4.25 annualized dividend and a dividend yield of 3.4%. Genuine Parts's dividend payout ratio (DPR) is currently 1,700.00%.

Institutional Trading of Genuine Parts

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Focus Financial Network Inc. boosted its holdings in shares of Genuine Parts by 2.9% during the 3rd quarter. Focus Financial Network Inc. now owns 2,725 shares of the specialty retailer's stock worth $346,000 after buying an additional 77 shares during the period. North Dakota State Investment Board boosted its position in shares of Genuine Parts by 2.0% in the third quarter. North Dakota State Investment Board now owns 4,208 shares of the specialty retailer's stock valued at $529,000 after acquiring an additional 83 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC boosted its position in shares of Genuine Parts by 4.9% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 1,799 shares of the specialty retailer's stock valued at $226,000 after acquiring an additional 84 shares during the period. Beacon Investment Advisory Services Inc. grew its stake in shares of Genuine Parts by 13.8% in the second quarter. Beacon Investment Advisory Services Inc. now owns 727 shares of the specialty retailer's stock valued at $86,000 after acquiring an additional 88 shares in the last quarter. Finally, C2C Wealth Management LLC increased its position in Genuine Parts by 3.8% during the third quarter. C2C Wealth Management LLC now owns 2,750 shares of the specialty retailer's stock worth $346,000 after acquiring an additional 100 shares during the period. 78.83% of the stock is owned by institutional investors.

Genuine Parts Company Profile

Genuine Parts Company is a distributor of automotive replacement parts and industrial products. Founded in 1928 and headquartered in Atlanta, Georgia, the company serves businesses and consumers through its distribution networks and brands. Its automotive business distributes replacement parts, accessories and related products, including through the NAPA Auto Parts brand. Its industrial business, operating primarily as Motion, supplies products such as bearings, power-transmission components, fluid-power equipment and other maintenance and repair items to industrial customers.

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