Genuine Parts Company $GPC Shares Acquired by BXM Wealth LLC

Key Points

• BXM Wealth LLC increased its stake in Genuine Parts by 1,484.9% in Q4, adding 47,872 shares to hold 51,096 shares worth about $6.28 million, and institutional investors now own roughly 78.8% of the company.
• Genuine Parts missed quarterly estimates with EPS of $1.55 versus $1.79 expected and revenue of $6.01B versus $6.06B, but set FY2026 guidance of $7.50–$8.00 and carries a MarketBeat consensus "Moderate Buy" target price of $145.57.
• The company raised its quarterly dividend to $1.0625 ($4.25 annual, ~4.1% yield), although the reported dividend payout ratio is an unusually high 923.91%, which may be a red flag for sustainability.

BXM Wealth LLC raised its holdings in shares of Genuine Parts Company (NYSE:GPC - Free Report) by 1,484.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,096 shares of the specialty retailer's stock after purchasing an additional 47,872 shares during the quarter. BXM Wealth LLC's holdings in Genuine Parts were worth $6,283,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. J2 Capital Management Inc boosted its holdings in Genuine Parts by 1.9% in the fourth quarter. J2 Capital Management Inc now owns 4,136 shares of the specialty retailer's stock worth $509,000 after purchasing an additional 79 shares during the period. Stratos Wealth Partners LTD. raised its holdings in shares of Genuine Parts by 6.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 3,743 shares of the specialty retailer's stock worth $460,000 after purchasing an additional 213 shares during the period. SteelPeak Wealth LLC bought a new position in shares of Genuine Parts in the 4th quarter worth about $2,049,000. Ellsworth Advisors LLC lifted its position in shares of Genuine Parts by 7.1% in the 4th quarter. Ellsworth Advisors LLC now owns 47,406 shares of the specialty retailer's stock worth $6,455,000 after buying an additional 3,156 shares during the last quarter. Finally, Applied Capital LLC FL boosted its holdings in shares of Genuine Parts by 1.8% in the 4th quarter. Applied Capital LLC FL now owns 13,239 shares of the specialty retailer's stock valued at $1,628,000 after buying an additional 228 shares during the period. 78.83% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

GPC has been the subject of several recent research reports. Evercore set a $160.00 target price on Genuine Parts in a report on Friday, February 20th. Zacks Research downgraded Genuine Parts from a "hold" rating to a "strong sell" rating in a report on Wednesday, March 25th. UBS Group reduced their price objective on Genuine Parts from $150.00 to $135.00 and set a "neutral" rating for the company in a research report on Wednesday, February 18th. Truist Financial set a $127.00 price objective on Genuine Parts and gave the stock a "hold" rating in a research note on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Genuine Parts in a research report on Friday, March 27th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Genuine Parts currently has an average rating of "Moderate Buy" and an average target price of $145.57.

Genuine Parts Price Performance

NYSE:GPC opened at $103.42 on Monday. The company has a quick ratio of 0.46, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. The business's 50-day moving average price is $120.97 and its 200 day moving average price is $127.10. Genuine Parts Company has a 52-week low of $96.08 and a 52-week high of $151.57. The firm has a market cap of $14.39 billion, a P/E ratio of 224.83 and a beta of 0.76.

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 company 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 quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.61 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, sell-side analysts predict that Genuine Parts Company will post 7.9 earnings per share for the current fiscal year.

Genuine Parts Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th were given a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Friday, March 6th. This is a boost from Genuine Parts's previous quarterly dividend of $1.03. Genuine Parts's dividend payout ratio is 923.91%.

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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