M&T Bank Corp Has $13.12 Million Stock Holdings in Genuine Parts Company $GPC

Key Points

• M&T Bank raised its stake in Genuine Parts by 285.3% in Q4 to 106,727 shares, worth about $13.12 million and roughly 0.08% of the company.
• EPS beat and guidance: Genuine Parts reported $1.77 EPS vs $1.75 expected and $6.26B revenue, set FY2026 guidance of $7.50–$8.00 EPS, and increased its quarterly dividend to $1.0625 (annual $4.25, ~3.9% yield).
• Analysts have trimmed some targets but the consensus remains a "Moderate Buy" with an average target of $143.71; the stock traded around $109.81 (down 1.7%) with a 52‑week range of $96.08–$151.57.

M&T Bank Corp grew its position in Genuine Parts Company (NYSE:GPC - Free Report) by 285.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 106,727 shares of the specialty retailer's stock after purchasing an additional 79,024 shares during the period. M&T Bank Corp owned about 0.08% of Genuine Parts worth $13,123,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of GPC. Olistico Wealth LLC acquired a new stake in Genuine Parts in the fourth quarter worth $25,000. Community Bank N.A. acquired a new stake in Genuine Parts in the third quarter worth $27,000. Peoples Financial Services CORP. acquired a new stake in Genuine Parts in the third quarter worth $29,000. Lodestone Wealth Management LLC acquired a new stake in Genuine Parts in the fourth quarter worth $32,000. Finally, Caitong International Asset Management Co. Ltd raised its position 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 period. 78.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on GPC shares. Truist Financial dropped their price target on Genuine Parts from $127.00 to $124.00 and set a "hold" rating on the stock in a research report on Wednesday. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Genuine Parts in a research report on Friday, March 27th. UBS Group dropped their price target on Genuine Parts from $135.00 to $125.00 and set a "neutral" rating on the stock in a research report on Wednesday. Evercore set a $160.00 price target on Genuine Parts in a research report on Friday, February 20th. Finally, Zacks Research lowered Genuine Parts from a "hold" rating to a "strong sell" rating in a research report on Wednesday, March 25th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $143.71.

Genuine Parts Trading Down 1.7%

Shares of NYSE:GPC opened at $109.81 on Friday. 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 1.09 and a debt-to-equity ratio of 0.77. The company's fifty day simple moving average is $111.46 and its 200 day simple moving average is $124.47. The firm has a market cap of $15.11 billion, a price-to-earnings ratio of 255.37 and a beta of 0.76.

Genuine Parts (NYSE:GPC - Get Free Report) last announced its earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.75 by $0.02. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The business had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.17 billion. During the same quarter last year, the firm earned $1.75 EPS. Genuine Parts's revenue for the quarter was up 6.8% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, research analysts forecast that Genuine Parts Company will post 7.74 EPS for the current fiscal year.

Genuine Parts Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Friday, March 6th were given a $1.0625 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $4.25 dividend on an annualized basis and a yield of 3.9%. This is a boost from Genuine Parts's previous quarterly dividend of $1.03. Genuine Parts's 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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