Patron Partners LLC Makes New Investment in Genuine Parts Company $GPC

Key Points

• Patron Partners LLC acquired 8,211 shares of Genuine Parts Company in the second quarter, valued at approximately $969,000. Institutional investors collectively own 78.83% of GPC, with BlackRock, Norges Bank and Baupost Group also establishing sizable positions.
• Analyst sentiment is broadly positive, with Genuine Parts receiving a “Moderate Buy” consensus rating and an average price target of $147.86; targets range from UBS’s $122 neutral view to DA Davidson’s $170 buy rating.
• Genuine Parts exceeded quarterly earnings and revenue expectations, reporting $2.15 in EPS on $6.54 billion in revenue, while maintaining fiscal 2026 EPS guidance of $7.50–$8.00. The company also declared a quarterly dividend of $1.0625, representing a 3.2% annualized yield.

Patron Partners LLC acquired a new position in shares of Genuine Parts Company (NYSE:GPC - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 8,211 shares of the specialty retailer's stock, valued at approximately $969,000.

A number of other hedge funds have also made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Genuine Parts during the 2nd quarter worth about $1,574,910,000. Norges Bank acquired a new position in Genuine Parts in the fourth quarter valued at approximately $293,471,000. Baupost Group LLC MA acquired a new position in Genuine Parts in the third quarter valued at approximately $193,347,000. Northwestern Mutual Wealth Management Co. increased its stake in Genuine Parts by 7,774.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,234,984 shares of the specialty retailer's stock valued at $151,854,000 after purchasing an additional 1,219,300 shares during the last quarter. Finally, Equity Investment Corp purchased a new position in Genuine Parts in the second quarter valued at approximately $114,922,000. Hedge funds and other institutional investors own 78.83% of the company's stock.

Analyst Upgrades and Downgrades

GPC has been the subject of several research analyst reports. UBS Group restated a "neutral" rating and issued a $122.00 target price on shares of Genuine Parts in a report on Wednesday, July 22nd. DA Davidson boosted their price target on shares of Genuine Parts from $150.00 to $170.00 and gave the company a "buy" rating in a research report on Monday, August 3rd. Raymond James Financial restated a "strong-buy" rating and issued a $165.00 price objective on shares of Genuine Parts in a research note on Wednesday, July 22nd. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Genuine Parts in a report on Wednesday, June 24th. Finally, Zacks Research upgraded Genuine Parts from a "strong sell" rating to a "hold" rating in a research report on Monday, May 25th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Genuine Parts presently has an average rating of "Moderate Buy" and an average price target of $147.86.

Genuine Parts Price Performance

GPC stock opened at $134.03 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.50 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $18.48 billion, a P/E ratio of 536.12 and a beta of 0.63. The business has a 50 day simple moving average of $124.05 and a 200-day simple moving average of $115.34. Genuine Parts Company has a twelve month low of $90.78 and a twelve month high of $151.57.

Genuine Parts (NYSE:GPC - Get Free Report) last announced its earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, beating analysts' consensus estimates of $2.08 by $0.07. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The business had revenue of $6.54 billion for the quarter, compared to analysts' expectations of $6.43 billion. During the same period in the previous year, the company posted $2.10 EPS. The company's quarterly 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, equities 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. Shareholders of record on Friday, September 4th will be paid a $1.0625 dividend. The ex-dividend date is Friday, September 4th. This represents a $4.25 dividend on an annualized basis and a yield of 3.2%. Genuine Parts's payout ratio is currently 1,700.00%.

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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