OMERS ADMINISTRATION Corp Takes Position in Genuine Parts Company $GPC

Key Points

• OMERS Administration Corp initiated a position in Genuine Parts by purchasing 7,401 shares valued at approximately $873,000 during the second quarter. Institutional investors collectively own 78.83% of the company.
• Genuine Parts exceeded quarterly expectations, reporting $2.15 in EPS and $6.54 billion in revenue, while revenue increased 6% year over year. The company maintained fiscal 2026 EPS guidance of $7.50–$8.00.
• The company declared a quarterly dividend of $1.0625, equivalent to $4.25 annually and a 3.1% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $147.86.

OMERS ADMINISTRATION Corp bought a new position in shares of Genuine Parts Company (NYSE:GPC - Free Report) during the second quarter, according to its most recent filing with the SEC. The fund bought 7,401 shares of the specialty retailer's stock, valued at approximately $873,000.

Several other institutional investors also recently added to or reduced their stakes in GPC. Osmosis Investment Management UK Ltd bought a new stake in Genuine Parts in the second quarter worth about $262,000. Sanctuary Advisors LLC bought a new position in shares of Genuine Parts during the 2nd quarter valued at approximately $2,022,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Genuine Parts during the 2nd quarter worth approximately $18,215,000. PEAK6 LLC purchased a new stake in shares of Genuine Parts during the 2nd quarter worth approximately $437,000. Finally, Capital Square LLC bought a new stake in shares of Genuine Parts in the 2nd quarter worth approximately $334,000. Institutional investors own 78.83% of the company's stock.

Genuine Parts Stock Performance

NYSE:GPC opened at $136.68 on Friday. The business's fifty day moving average is $126.51 and its 200 day moving average is $114.90. The firm has a market cap of $18.84 billion, a price-to-earnings ratio of 546.72 and a beta of 0.63. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.50 and a current ratio of 1.16. Genuine Parts Company has a 52-week low of $90.78 and a 52-week high of $151.57.

Genuine Parts (NYSE:GPC - Get Free Report) last issued its earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, topping the consensus estimate of $2.08 by $0.07. The business had revenue of $6.54 billion during the quarter, compared to the consensus estimate of $6.43 billion. Genuine Parts had a return on equity of 22.59% and a net margin of 0.13%.The firm's revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.10 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Research analysts predict that Genuine Parts Company will post 7.73 EPS for the current year.

Genuine Parts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 4th will be given a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Friday, September 4th. Genuine Parts's dividend payout ratio (DPR) is 1,700.00%.

Analysts Set New Price Targets

GPC has been the topic of several research analyst reports. Evercore reiterated an "outperform" rating on shares of Genuine Parts in a research note on Wednesday, July 22nd. Zacks Research raised Genuine Parts from a "strong sell" rating to a "hold" rating in a research report on Monday, May 25th. Raymond James Financial restated a "strong-buy" rating and issued a $165.00 target price on shares of Genuine Parts in a research note on Wednesday, July 22nd. DA Davidson upped their price target on Genuine Parts from $150.00 to $170.00 and gave the company a "buy" rating in a research report on Monday, August 3rd. Finally, UBS Group reiterated a "neutral" rating and set a $122.00 target price on shares of Genuine Parts in a research report on Wednesday, July 22nd. One 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 company presently has a consensus rating of "Moderate Buy" and a consensus price target of $147.86.

Genuine Parts 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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