Teacher Retirement System of Texas Acquires 11,864 Shares of Genuine Parts Company $GPC

Key Points

• Teacher Retirement System of Texas boosted its stake in Genuine Parts by 65.2% in Q4, adding 11,864 shares to hold 30,053 shares valued at $3.695 million.
• Genuine Parts topped estimates for the quarter (EPS $1.77 vs. $1.75; revenue $6.26B vs. $6.17B) and issued FY2026 guidance of 7.50–8.00 EPS (analysts average 7.73).
• The company increased its quarterly dividend to $1.0625 (annualized $4.25, ~4.0% yield), though the reported dividend payout ratio was an unusually high 988.37%.

Teacher Retirement System of Texas raised its holdings in shares of Genuine Parts Company (NYSE:GPC - Free Report) by 65.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,053 shares of the specialty retailer's stock after purchasing an additional 11,864 shares during the period. Teacher Retirement System of Texas' holdings in Genuine Parts were worth $3,695,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. United Asset Strategies Inc. increased its stake in shares of Genuine Parts by 1.6% during the fourth quarter. United Asset Strategies Inc. now owns 4,492 shares of the specialty retailer's stock valued at $552,000 after buying an additional 72 shares during the period. J2 Capital Management Inc lifted its stake in Genuine Parts by 1.9% in the fourth quarter. J2 Capital Management Inc now owns 4,136 shares of the specialty retailer's stock worth $509,000 after acquiring an additional 79 shares during the period. Hantz Financial Services Inc. boosted its holdings in Genuine Parts by 25.9% in the third 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 increased 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 purchasing an additional 83 shares during the period. Finally, Capital Investment Advisors LLC increased 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 purchasing an additional 83 shares during the period. Hedge funds and other institutional investors own 78.83% of the company's stock.

Genuine Parts Stock Performance

Shares of Genuine Parts stock opened at $106.53 on Tuesday. Genuine Parts Company has a 12 month low of $96.08 and a 12 month high of $151.57. The firm has a market capitalization of $14.66 billion, a P/E ratio of 247.74 and a beta of 0.76. The company has a current ratio of 1.09, a quick ratio of 0.48 and a debt-to-equity ratio of 0.77. The business has a fifty day simple moving average of $109.87 and a two-hundred day simple moving average of $123.94.

Genuine Parts (NYSE:GPC - Get Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, topping 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 company 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 EPS. Genuine Parts's quarterly revenue 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. On average, equities analysts forecast that Genuine Parts Company will post 7.73 earnings per share for the current fiscal year.

Genuine Parts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Friday, March 6th were issued a dividend of $1.0625 per share. The ex-dividend date was Friday, March 6th. This is a positive change from Genuine Parts's previous quarterly dividend of $1.03. This represents a $4.25 annualized dividend and a dividend yield of 4.0%. Genuine Parts's dividend payout ratio (DPR) is 988.37%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Genuine Parts in a research report on Friday, March 27th. Evercore set a $160.00 price target on shares of Genuine Parts in a research report on Friday, February 20th. Truist Financial decreased their price target on shares of Genuine Parts from $127.00 to $124.00 and set a "hold" rating for the company in a research note on Wednesday, April 22nd. Zacks Research lowered shares of Genuine Parts from a "hold" rating to a "strong sell" rating in a report on Wednesday, March 25th. Finally, 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. One research 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $143.71.

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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