FY2026 EPS Forecast for Genuine Parts Reduced by Analyst

Key Points

• Zacks Research cut its FY2026 EPS forecast for Genuine Parts to $7.58 from $7.68, below the $7.62 consensus estimate.
• In its latest reported quarter, the company earned $2.07 per share, beating the $2.04 estimate, while revenue rose 4.2% year over year to $6.52 billion.
• Analysts’ average rating is “Moderate Buy,” with a $145 average price target. Genuine Parts also declared a quarterly dividend of $1.0625 per share, equivalent to a 3.4% annualized yield.

Genuine Parts Company (NYSE:GPC - Free Report) - Investment analysts at Zacks Research decreased their FY2026 earnings per share (EPS) estimates for Genuine Parts in a research note issued to investors on Tuesday, November 10th. Zacks Research analyst Team now forecasts that the specialty retailer will post earnings of $7.58 per share for the year, down from their previous forecast of $7.68. The consensus estimate for Genuine Parts' current full-year earnings is $7.62 per share. Zacks Research also issued estimates for Genuine Parts' Q3 2027 earnings at $2.18 EPS and Q2 2028 earnings at $2.21 EPS.

Genuine Parts (NYSE:GPC - Get Free Report) last issued its quarterly earnings results on Tuesday, October 20th. The specialty retailer reported $2.07 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.03. Genuine Parts had a return on equity of 23.00% and a net margin of 0.12%. The firm had revenue of $6.52 billion for the quarter, compared to the consensus estimate of $6.49 billion. During the same period in the prior year, the business posted $1.98 earnings per share. The company's revenue for the quarter was up 4.2% on a year-over-year basis.

Other analysts have also issued reports about the stock. JPMorgan Chase & Co. boosted their target price on shares of Genuine Parts from $125.00 to $137.00 and gave the company an "overweight" rating in a research note on Monday, October 12th. UBS Group raised their price target on shares of Genuine Parts from $122.00 to $125.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 21st. Raymond James Financial reiterated a "strong-buy" rating and set a $165.00 price objective on shares of Genuine Parts in a report on Wednesday, July 22nd. Argus dropped their target price on shares of Genuine Parts from $156.00 to $150.00 and set a "buy" rating on the stock in a research note on Thursday, October 22nd. Finally, DA Davidson raised their target price on shares of Genuine Parts from $150.00 to $170.00 and gave the stock a "buy" rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, Genuine Parts has an average rating of "Moderate Buy" and an average target price of $145.00.

Genuine Parts Stock Performance

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

Genuine Parts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 5th. Stockholders of record on Friday, December 4th will be paid a dividend of $1.0625 per share. The ex-dividend date 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 made changes to their positions in the company. TIAA CREF Individual & Institutional Services LLC increased its position in Genuine Parts by 13.1% during the 3rd quarter. TIAA CREF Individual & Institutional Services LLC now owns 1,913 shares of the specialty retailer's stock valued at $241,000 after purchasing an additional 221 shares during the period. Patron Partners LLC lifted its position in shares of Genuine Parts by 17.0% in the 3rd quarter. Patron Partners LLC now owns 9,608 shares of the specialty retailer's stock worth $1,208,000 after purchasing an additional 1,397 shares during the period. Advisors Asset Management Inc. purchased a new stake in shares of Genuine Parts in the 3rd quarter worth approximately $2,131,000. GW&K Investment Management LLC boosted its stake in shares of Genuine Parts by 49.5% during the third quarter. GW&K Investment Management LLC now owns 345,127 shares of the specialty retailer's stock valued at $43,396,000 after purchasing an additional 114,229 shares in the last quarter. Finally, Private Wealth Asset Management LLC boosted its stake in shares of Genuine Parts by 972.8% during the third quarter. Private Wealth Asset Management LLC now owns 21,907 shares of the specialty retailer's stock valued at $2,690,000 after purchasing an additional 19,865 shares in the last quarter. 78.83% of the stock is currently owned by institutional investors.

More Genuine Parts News

Investors following GPC have been watching these news items:

• Positive Sentiment: Sell-side brokerages now collectively rate Genuine Parts a “Moderate Buy,” indicating a generally constructive analyst view. Genuine Parts Company Stock Now Rated Moderate Buy by Sell-Side Brokerages
• Negative Sentiment: Zacks Research cut several earnings forecasts, including FY2028 EPS to $9.09 from $9.57, Q4 2026 EPS to $1.59 from $1.71, and Q1 2028 EPS to $2.26 from $2.42. It also lowered its FY2027 estimate slightly, although it raised Q2 2027 EPS by one cent. The broad revisions point to softer profit expectations and could pressure the stock. Genuine Parts analyst earnings estimate revisions

About Genuine Parts

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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