Mitsubishi UFJ Asset Management Co. Ltd. Invests $44.57 Million in Genuine Parts Company $GPC

Key Points

• Mitsubishi UFJ Asset Management bought 377,764 Genuine Parts shares worth approximately $44.6 million, giving it a 0.27% stake. Institutional investors collectively own 78.83% of the company.
• Genuine Parts exceeded quarterly expectations, reporting $2.15 in earnings per share versus a $2.08 consensus estimate and $6.54 billion in revenue, up 6% year over year. The company issued fiscal 2026 EPS guidance of $7.50–$8.00.
• The company declared a quarterly dividend of $1.0625, or $4.25 annually, representing a 3.2% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $147.86.

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Genuine Parts Company (NYSE:GPC - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 377,764 shares of the specialty retailer's stock, valued at approximately $44,568,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.27% of Genuine Parts as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Norges Bank bought a new position in Genuine Parts during the 4th quarter valued at $293,471,000. Baupost Group LLC MA bought a new stake in shares of Genuine Parts in the 3rd quarter worth $193,347,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Genuine Parts by 7,774.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,234,984 shares of the specialty retailer's stock worth $151,854,000 after acquiring an additional 1,219,300 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Genuine Parts in the second quarter valued at about $92,925,000. Finally, NewEdge Advisors LLC lifted its position in shares of Genuine Parts by 601.4% during the first quarter. NewEdge Advisors LLC now owns 552,356 shares of the specialty retailer's stock valued at $58,412,000 after purchasing an additional 473,600 shares in the last quarter. Hedge funds and other institutional investors own 78.83% of the company's stock.

Genuine Parts Trading Up 2.1%

Shares of Genuine Parts stock opened at $134.68 on Thursday. The stock has a market capitalization of $18.57 billion, a P/E ratio of 538.72 and a beta of 0.63. Genuine Parts Company has a 52-week low of $90.78 and a 52-week high of $151.57. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.50 and a current ratio of 1.16. The stock's 50-day simple moving average is $122.84 and its 200 day simple moving average is $115.25.

Genuine Parts (NYSE:GPC - Get Free Report) last posted its earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.07. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The firm had revenue of $6.54 billion during the quarter, compared to the consensus estimate of $6.43 billion. During the same quarter last year, the company earned $2.10 earnings per share. The company's revenue was up 6.0% on a year-over-year basis. 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 7.73 EPS for the current year.

Genuine Parts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 4th will be paid a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Friday, September 4th. Genuine Parts's payout ratio is currently 1,700.00%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on GPC shares. Zacks Research upgraded shares of Genuine Parts from a "strong sell" rating to a "hold" rating in a report on Monday, May 25th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Genuine Parts in a report on Wednesday, June 24th. 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. Truist Financial lifted their price target on Genuine Parts from $124.00 to $126.00 and gave the stock a "hold" rating in a report on Wednesday, July 22nd. Finally, DA Davidson lifted their price target on Genuine Parts from $150.00 to $170.00 and gave the stock a "buy" rating in a report on Monday, August 3rd. 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $147.86.

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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