Highland Capital Management LLC Grows Stock Holdings in Genuine Parts Company $GPC

Key Points

• Highland Capital increased its stake in Genuine Parts by 127.7% in Q4, now owning 65,717 shares valued at about $8.08 million, and institutional investors collectively own 78.83% of the stock.
• Analyst sentiment is mixed with a MarketBeat consensus rating of "Hold" and a $143.71 target; recent moves include Raymond James upgrading to a strong-buy while Zacks cut to a strong sell and UBS trimmed its target to $125.
• Genuine Parts slightly beat quarterly expectations (EPS $1.77 vs. $1.75; revenue $6.26B vs. $6.17B), issued FY2026 guidance of 7.50–8.00 EPS, and announced a quarterly dividend of $1.0625 (annualized yield ~4.1%).

Highland Capital Management LLC raised its position in shares of Genuine Parts Company (NYSE:GPC - Free Report) by 127.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,717 shares of the specialty retailer's stock after purchasing an additional 36,857 shares during the period. Highland Capital Management LLC's holdings in Genuine Parts were worth $8,081,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. United Asset Strategies Inc. grew its stake in shares of Genuine Parts by 1.6% in the fourth quarter. United Asset Strategies Inc. now owns 4,492 shares of the specialty retailer's stock worth $552,000 after purchasing an additional 72 shares during the last quarter. J2 Capital Management Inc boosted its position in Genuine Parts by 1.9% during the 4th quarter. J2 Capital Management Inc now owns 4,136 shares of the specialty retailer's stock valued at $509,000 after acquiring an additional 79 shares in the last quarter. Hantz Financial Services Inc. boosted its position in Genuine Parts by 25.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 399 shares of the specialty retailer's stock valued at $55,000 after acquiring an additional 82 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its position in Genuine Parts by 0.6% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 14,806 shares of the specialty retailer's stock valued at $2,052,000 after acquiring an additional 83 shares in the last quarter. Finally, Capital Investment Advisors LLC boosted its position in Genuine Parts by 0.6% during the 4th quarter. Capital Investment Advisors LLC now owns 14,173 shares of the specialty retailer's stock valued at $1,743,000 after acquiring an additional 83 shares in the last quarter. Hedge funds and other institutional investors own 78.83% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Raymond James Financial raised Genuine Parts from a "market perform" rating to a "strong-buy" rating and set a $145.00 price objective on the stock in a research report on Tuesday, February 24th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Genuine Parts in a research report on Friday, March 27th. Zacks Research cut Genuine Parts from a "hold" rating to a "strong sell" rating in a research report on Wednesday, March 25th. Evercore set a $160.00 price objective on Genuine Parts in a research report on Friday, February 20th. Finally, UBS Group lowered their target price on shares of Genuine Parts from $135.00 to $125.00 and set a "neutral" rating for the company in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $143.71.

Genuine Parts Price Performance

GPC stock opened at $103.61 on Tuesday. The firm has a 50 day moving average price of $108.86 and a 200-day moving average price of $123.38. Genuine Parts Company has a 52-week low of $96.08 and a 52-week high of $151.57. The firm has a market capitalization of $14.26 billion, a price-to-earnings ratio of 240.95 and a beta of 0.70. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.48 and a current ratio of 1.09.

Genuine Parts (NYSE:GPC - Get Free Report) last released its earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.02. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. The firm had revenue of $6.26 billion during the quarter, compared to analyst estimates of $6.17 billion. During the same period last year, the business earned $1.75 earnings per share. The business's revenue was up 6.8% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Equities research analysts forecast that Genuine Parts Company will post 7.73 EPS for the current fiscal year.

Genuine Parts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th will be issued a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Friday, June 5th. Genuine Parts's dividend payout ratio (DPR) is presently 988.37%.

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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