Cacti Asset Management LLC Grows Holdings in Genuine Parts Company $GPC

Key Points

• Cacti Asset Management increased its Genuine Parts stake by 58% in the third quarter, purchasing 51,051 additional shares to bring its holdings to 139,005 shares worth approximately $17.6 million. Institutional investors collectively own 78.83% of the company.
• Genuine Parts reported quarterly EPS of $2.15, exceeding estimates of $2.08, while revenue rose 6% year over year to $6.54 billion. The company maintained fiscal 2026 EPS guidance of $7.50–$8.00.
• The stock recently traded at $125.35, down 0.3%, while the company declared a quarterly dividend of $1.0625 per share, equivalent to a 3.4% annual yield. Analysts’ consensus rating is “Moderate Buy”, with an average price target of $147.86.

Cacti Asset Management LLC boosted its position in shares of Genuine Parts Company (NYSE:GPC - Free Report) by 58.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 139,005 shares of the specialty retailer's stock after purchasing an additional 51,051 shares during the quarter. Genuine Parts accounts for about 1.0% of Cacti Asset Management LLC's investment portfolio, making the stock its 22nd biggest holding. Cacti Asset Management LLC owned about 0.10% of Genuine Parts worth $17,647,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd boosted its position in shares of Genuine Parts by 34.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 341 shares of the specialty retailer's stock worth $42,000 after purchasing an additional 88 shares in the last quarter. Beacon Investment Advisory Services Inc. raised its stake in Genuine Parts by 13.8% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 727 shares of the specialty retailer's stock worth $86,000 after buying an additional 88 shares during the period. Patron Partners LLC lifted its holdings in Genuine Parts by 1.7% during the fourth quarter. Patron Partners LLC now owns 5,253 shares of the specialty retailer's stock worth $646,000 after acquiring an additional 89 shares in the last quarter. Deseret Mutual Benefit Administrators grew its stake in Genuine Parts by 27.4% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 446 shares of the specialty retailer's stock valued at $55,000 after acquiring an additional 96 shares during the period. Finally, New Mexico Educational Retirement Board grew its stake in Genuine Parts by 1.6% in the fourth quarter. New Mexico Educational Retirement Board now owns 6,321 shares of the specialty retailer's stock valued at $777,000 after acquiring an additional 100 shares during the period. Institutional investors own 78.83% of the company's stock.

Genuine Parts Stock Down 0.3%

Shares of GPC traded down $0.39 during mid-day trading on Thursday, hitting $125.35. 284,373 shares of the company's stock were exchanged, compared to its average volume of 1,592,959. The company has a market cap of $17.28 billion, a PE ratio of 500.90, a P/E/G ratio of 2.35 and a beta of 0.64. Genuine Parts Company has a 52 week low of $90.78 and a 52 week high of $151.57. The company has a 50-day simple moving average of $132.14 and a 200 day simple moving average of $116.30. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.16 and a quick ratio of 0.50.

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, topping analysts' consensus estimates of $2.08 by $0.07. The business 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 revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.10 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, research analysts forecast that Genuine Parts Company will post 7.73 earnings per share for the current fiscal year.

Genuine Parts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 4th will be paid a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Friday, September 4th. Genuine Parts's dividend payout ratio is currently 1,700.00%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. UBS Group reaffirmed a "neutral" rating and set a $122.00 price target on shares of Genuine Parts in a research report on Wednesday, July 22nd. Weiss Ratings reiterated a "hold (c-)" rating on shares of Genuine Parts in a research report on Monday, September 21st. Raymond James Financial reissued a "strong-buy" rating and set a $165.00 target price on shares of Genuine Parts in a research note on Wednesday, July 22nd. DA Davidson lifted their price target on shares of Genuine Parts from $150.00 to $170.00 and gave the company a "buy" rating in a research note on Monday, August 3rd. Finally, Truist Financial upped their price target on shares of Genuine Parts from $124.00 to $126.00 and gave the company a "hold" rating in a report on Wednesday, July 22nd. One equities research 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. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $147.86.

Genuine Parts Company Profile

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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