7,873 Shares in Genuine Parts Company $GPC Bought by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG initiated a position in Genuine Parts, purchasing 7,873 shares valued at approximately $929,000. Institutional investors collectively own 78.83% of the company.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $147.86; ratings range from Hold to Strong Buy.
• Genuine Parts exceeded quarterly earnings and revenue estimates, reporting $2.15 EPS and $6.54 billion in revenue. The company declared a quarterly dividend of $1.0625 per share, representing a 3.1% annualized yield.

B. Metzler seel. Sohn & Co. AG bought a new position in shares of Genuine Parts Company (NYSE:GPC - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,873 shares of the specialty retailer's stock, valued at approximately $929,000.

Several other hedge funds have also recently added to or reduced their stakes in GPC. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Genuine Parts by 85.0% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 30,262 shares of the specialty retailer's stock worth $3,200,000 after buying an additional 13,900 shares during the last quarter. Montag A & Associates Inc. boosted its stake in shares of Genuine Parts by 19.6% during the first quarter. Montag A & Associates Inc. now owns 64,855 shares of the specialty retailer's stock worth $6,923,000 after buying an additional 10,622 shares during the period. Paradiem LLC purchased a new position in shares of Genuine Parts during the first quarter worth about $3,154,000. Hsbc Holdings PLC grew its holdings in shares of Genuine Parts by 19.5% during the fourth quarter. Hsbc Holdings PLC now owns 477,970 shares of the specialty retailer's stock worth $58,887,000 after buying an additional 77,936 shares during the last quarter. Finally, Conning Inc. increased its position in Genuine Parts by 5.7% in the 4th quarter. Conning Inc. now owns 246,390 shares of the specialty retailer's stock valued at $30,296,000 after acquiring an additional 13,357 shares during the period. Institutional investors and hedge funds own 78.83% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. UBS Group restated a "neutral" rating and set a $122.00 price target on shares of Genuine Parts in a research note on Wednesday, July 22nd. Zacks Research upgraded shares of Genuine Parts from a "strong sell" rating to a "hold" rating in a research report on Monday, May 25th. Weiss Ratings reissued a "hold (c-)" rating on shares of Genuine Parts in a research note on Wednesday, June 24th. Raymond James Financial restated a "strong-buy" rating and set a $165.00 price objective on shares of Genuine Parts in a research report on Wednesday, July 22nd. Finally, Evercore restated an "outperform" rating on shares of Genuine Parts in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $147.86.

Genuine Parts Trading Up 1.3%

Shares of GPC opened at $135.71 on Tuesday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.16 and a quick ratio of 0.50. The firm has a 50 day simple moving average of $124.67 and a 200-day simple moving average of $115.10. Genuine Parts Company has a 1-year low of $90.78 and a 1-year high of $151.57. The stock has a market cap of $18.71 billion, a price-to-earnings ratio of 542.84 and a beta of 0.63.

Genuine Parts (NYSE:GPC - Get Free Report) last released its earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.08 by $0.07. The company had revenue of $6.54 billion for the quarter, compared to analyst estimates of $6.43 billion. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The firm's quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.10 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Equities analysts forecast that Genuine Parts Company will post 7.73 EPS for the current fiscal year.

Genuine Parts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 4th will be paid 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 3.1%. Genuine Parts's dividend payout ratio is currently 1,700.00%.

Genuine Parts Company Profile

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.

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