Genuine Parts Company (NYSE:GPC) Stock Has Consensus Target Price of $146.00 According to Analysts

Key Points

• Analysts maintain a moderately bullish view: Genuine Parts has a consensus “Moderate Buy” rating, with an average 12-month price target of $146.00. Ratings include three buys, one strong buy and five holds.
• Quarterly results exceeded expectations: The company reported earnings of $2.15 per share versus the $2.08 consensus estimate, while revenue reached $6.54 billion and grew 6% year over year.
• Genuine Parts offers a 3.2% dividend yield: The quarterly dividend is $1.0625 per share, or $4.25 annualized, though the article lists an unusually high 1,700% payout ratio.

Genuine Parts Company (NYSE:GPC - Get Free Report) has received an average rating of "Moderate Buy" from the nine analysts that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $146.00.

Several equities research analysts have weighed in on GPC shares. DA Davidson boosted 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. JPMorgan Chase & Co. increased 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. Truist Financial increased their target price on Genuine Parts from $124.00 to $126.00 and gave the stock a "hold" rating in a research note on Wednesday, July 22nd. Evercore restated an "outperform" rating on shares of Genuine Parts in a report on Wednesday, July 22nd. Finally, UBS Group reaffirmed a "neutral" rating and issued a $122.00 price target on shares of Genuine Parts in a research note on Wednesday, July 22nd.

Genuine Parts Price Performance

Genuine Parts stock opened at $133.91 on Friday. Genuine Parts has a 52-week low of $90.78 and a 52-week high of $151.57. The company has a market cap of $18.46 billion, a price-to-earnings ratio of 535.65, a PEG ratio of 2.48 and a beta of 0.67. The firm's fifty day moving average is $132.20 and its 200 day moving average is $118.41. 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 (NYSE:GPC - Get Free Report) last posted its earnings results 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 firm had revenue of $6.54 billion for the quarter, compared to the consensus estimate of $6.43 billion. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The business's quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.10 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Sell-side analysts forecast that Genuine Parts will post 7.73 EPS for the current fiscal year.

Genuine Parts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 4th were given a $1.0625 dividend. This represents a $4.25 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, September 4th. Genuine Parts's payout ratio is 1,700.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. IFP Advisors Inc increased its stake in shares of Genuine Parts by 3.7% during the third quarter. IFP Advisors Inc now owns 5,210 shares of the specialty retailer's stock valued at $655,000 after buying an additional 188 shares during the period. Lee Financial Co raised its holdings in shares of Genuine Parts by 49.5% in the third quarter. Lee Financial Co now owns 12,366 shares of the specialty retailer's stock valued at $1,557,000 after acquiring an additional 4,093 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new stake in Genuine Parts in the third quarter worth about $652,000. TD Waterhouse Canada Inc. lifted its stake in Genuine Parts by 24.3% in the third quarter. TD Waterhouse Canada Inc. now owns 9,888 shares of the specialty retailer's stock worth $1,238,000 after acquiring an additional 1,936 shares during the period. Finally, Howard Capital Management LLC grew its holdings in Genuine Parts by 233.1% during the 3rd quarter. Howard Capital Management LLC now owns 51,799 shares of the specialty retailer's stock worth $6,513,000 after acquiring an additional 36,249 shares in the last quarter. Institutional investors own 78.83% of the company's stock.

About Genuine Parts

Genuine Parts Company NYSE: GPC is a global distributor of automotive replacement parts and industrial components. Founded in 1928 and headquartered in Atlanta, Georgia, the company serves professional repair businesses, retailers, equipment manufacturers, and other commercial customers through a broad distribution and service network.

In its automotive business, Genuine Parts distributes replacement parts, accessories, tools, and equipment for cars and light trucks. Its operations include the NAPA Auto Parts brand in North America, along with automotive distribution businesses serving customers in Europe and Australasia.

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