Cantor Fitzgerald Investment Advisors L.P. Sells 20,943 Shares of Genuine Parts Company $GPC

Key Points

• Cantor Fitzgerald Investment Advisors reduced its stake in Genuine Parts by 20.3%, selling 20,943 shares and leaving 82,406 shares worth about $10.13 million.
• Genuine Parts missed quarterly estimates, reporting $1.55 EPS vs. $1.79 expected and $6.01 billion revenue vs. $6.06 billion, while it set FY2026 guidance of $7.50–$8.00 per share (analysts expect ~7.9).
• The company raised its quarterly dividend to $1.0625 ($4.25 annual, ~4.0% yield), though its reported dividend payout ratio is extremely high at 923.91%, a potential red flag for sustainability.

Cantor Fitzgerald Investment Advisors L.P. lessened its holdings in shares of Genuine Parts Company (NYSE:GPC - Free Report) by 20.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 82,406 shares of the specialty retailer's stock after selling 20,943 shares during the period. Cantor Fitzgerald Investment Advisors L.P. owned 0.06% of Genuine Parts worth $10,133,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Olistico Wealth LLC bought a new stake in shares of Genuine Parts during the fourth quarter worth $25,000. Community Bank N.A. bought a new stake in shares of Genuine Parts during the third quarter worth $27,000. Peoples Financial Services CORP. bought a new stake in shares of Genuine Parts during the third quarter worth $29,000. Lodestone Wealth Management LLC bought a new stake in shares of Genuine Parts during the fourth quarter worth $32,000. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of Genuine Parts by 6,225.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 253 shares of the specialty retailer's stock worth $35,000 after purchasing an additional 249 shares during the last quarter. Institutional investors own 78.83% of the company's stock.

Genuine Parts Price Performance

Genuine Parts stock opened at $107.42 on Friday. The business's 50-day simple moving average is $117.69 and its 200 day simple moving average is $126.16. The stock has a market cap of $14.94 billion, a price-to-earnings ratio of 233.53 and a beta of 0.76. Genuine Parts Company has a 12-month low of $96.08 and a 12-month high of $151.57. The company has a quick ratio of 0.46, a current ratio of 1.08 and a debt-to-equity ratio of 0.79.

Genuine Parts (NYSE:GPC - Get Free Report) last posted its quarterly earnings results on Tuesday, February 17th. The specialty retailer reported $1.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.24). The firm had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.06 billion. Genuine Parts had a net margin of 0.27% and a return on equity of 22.28%. Genuine Parts's revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.61 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, research analysts anticipate that Genuine Parts Company will post 7.9 earnings per share for the current year.

Genuine Parts Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th were issued a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a yield of 4.0%. This is an increase from Genuine Parts's previous quarterly dividend of $1.03. The ex-dividend date was Friday, March 6th. Genuine Parts's dividend payout ratio (DPR) is 923.91%.

Analysts Set New Price Targets

Several analysts have recently commented on GPC shares. Zacks Research cut Genuine Parts from a "hold" rating to a "strong sell" rating in a report on Wednesday, March 25th. Raymond James Financial upgraded Genuine Parts from a "market perform" rating to a "strong-buy" rating and set a $145.00 target price on the stock in a report on Tuesday, February 24th. Weiss Ratings restated a "hold (c-)" rating on shares of Genuine Parts in a report on Friday, March 27th. Evercore set a $160.00 price target on Genuine Parts in a report on Friday, February 20th. Finally, UBS Group decreased their price target on Genuine Parts from $150.00 to $135.00 and set a "neutral" rating on the stock in a report on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $145.57.

Genuine Parts 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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