Concurrent Investment Advisors LLC Raises Position in Genuine Parts Company $GPC

Key Points

• Concurrent Investment Advisors LLC boosted its stake in Genuine Parts by 75.5% in Q4, owning 24,753 shares worth about $3.04 million after acquiring an additional 10,652 shares.
• Institutional ownership is high at 78.83%, with major funds like Vanguard, Barclays and Dimensional increasing stakes and Baupost Group initiating a large new position valued at approximately $193.3 million.
• Genuine Parts slightly beat estimates with $1.77 EPS and $6.26B revenue for the quarter, set FY2026 guidance of 7.50–8.00 EPS, raised its annual dividend to $4.25 (≈4.0% yield), and carries an average analyst rating of Hold with a $143.71 price target.

Concurrent Investment Advisors LLC raised its holdings in shares of Genuine Parts Company (NYSE:GPC - Free Report) by 75.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,753 shares of the specialty retailer's stock after acquiring an additional 10,652 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Genuine Parts were worth $3,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Genuine Parts by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 17,365,970 shares of the specialty retailer's stock worth $2,406,923,000 after acquiring an additional 56,792 shares during the last quarter. Barclays PLC boosted its stake in shares of Genuine Parts by 0.6% during the 3rd quarter. Barclays PLC now owns 3,528,297 shares of the specialty retailer's stock worth $489,022,000 after acquiring an additional 21,437 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Genuine Parts by 1.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,860,554 shares of the specialty retailer's stock valued at $257,878,000 after purchasing an additional 25,595 shares during the period. Bank of America Corp DE lifted its stake in shares of Genuine Parts by 3.2% during the 3rd quarter. Bank of America Corp DE now owns 1,746,350 shares of the specialty retailer's stock valued at $242,044,000 after buying an additional 54,754 shares in the last quarter. Finally, Baupost Group LLC MA purchased a new position in shares of Genuine Parts during the 3rd quarter valued at $193,347,000. Hedge funds and other institutional investors own 78.83% of the company's stock.

Analyst Upgrades and Downgrades

GPC has been the subject of a number of analyst reports. Truist Financial cut their price target on Genuine Parts from $127.00 to $124.00 and set a "hold" rating for the company in a research note on Wednesday, April 22nd. UBS Group decreased their price target on Genuine Parts from $135.00 to $125.00 and set a "neutral" rating on the stock in a report on Wednesday, April 22nd. Weiss Ratings reissued 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, Raymond James Financial raised Genuine Parts from a "market perform" rating to a "strong-buy" rating and set a $145.00 price target on the stock in a report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $143.71.

Genuine Parts Price Performance

NYSE:GPC opened at $106.53 on Tuesday. The stock has a market cap of $14.66 billion, a PE ratio of 247.74 and a beta of 0.76. Genuine Parts Company has a 52 week low of $96.08 and a 52 week high of $151.57. The company has a quick ratio of 0.48, a current ratio of 1.09 and a debt-to-equity ratio of 0.77. The business's 50-day simple moving average is $109.87 and its two-hundred day simple moving average is $123.94.

Genuine Parts (NYSE:GPC - Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 EPS for the quarter, topping the consensus estimate of $1.75 by $0.02. The business had revenue of $6.26 billion for the quarter, compared to analysts' expectations of $6.17 billion. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. The business's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.75 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, analysts forecast that Genuine Parts Company will post 7.73 EPS for the current fiscal year.

Genuine Parts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th were paid a $1.0625 dividend. This represents a $4.25 annualized dividend and a yield of 4.0%. The ex-dividend date was Friday, March 6th. This is an increase from Genuine Parts's previous quarterly dividend of $1.03. Genuine Parts's dividend payout ratio is presently 988.37%.

About Genuine Parts

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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