Universal Beteiligungs und Servicegesellschaft mbH Acquires 21,487 Shares of Genuine Parts Company $GPC

Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in Genuine Parts Company (NYSE:GPC - Free Report) by 16.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 152,358 shares of the specialty retailer's stock after buying an additional 21,487 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Genuine Parts worth $18,815,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. TABR Capital Management LLC bought a new position in shares of Genuine Parts during the fourth quarter worth approximately $4,217,000. OVERSEA CHINESE BANKING Corp Ltd increased its stake in shares of Genuine Parts by 68.7% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 5,231 shares of the specialty retailer's stock worth $643,000 after purchasing an additional 2,131 shares during the period. Evergreen Capital Management LLC increased its stake in shares of Genuine Parts by 18.0% during the fourth quarter. Evergreen Capital Management LLC now owns 1,800 shares of the specialty retailer's stock worth $223,000 after purchasing an additional 274 shares during the period. TD Waterhouse Canada Inc. increased its stake in shares of Genuine Parts by 24.5% during the fourth quarter. TD Waterhouse Canada Inc. now owns 3,491 shares of the specialty retailer's stock worth $429,000 after purchasing an additional 688 shares during the period. Finally, Revisor Wealth Management LLC increased its stake in shares of Genuine Parts by 50.1% during the fourth quarter. Revisor Wealth Management LLC now owns 9,677 shares of the specialty retailer's stock worth $1,275,000 after purchasing an additional 3,228 shares during the period. Institutional investors own 78.83% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on GPC shares. Evercore set a $160.00 target price on Genuine Parts in a research note on Friday, February 20th. Zacks Research lowered Genuine Parts from a "hold" rating to a "strong sell" rating in a research note on Wednesday, March 25th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Genuine Parts in a research note on Friday, March 27th. Truist Financial lowered their target price on Genuine Parts from $127.00 to $124.00 and set a "hold" rating on the stock in a research note on Wednesday. Finally, UBS Group reduced 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. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $143.71.

Genuine Parts Trading Down 0.9%

Shares of GPC stock opened at $108.80 on Friday. The stock's fifty day moving average price is $110.69 and its two-hundred day moving average price is $124.26. The company has a market cap of $14.97 billion, a PE ratio of 253.03 and a beta of 0.76. Genuine Parts Company has a fifty-two week low of $96.08 and a fifty-two week high of $151.57. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.46 and a current ratio of 1.09.

Genuine Parts (NYSE:GPC - Get Free Report) last issued its earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share for the quarter, beating analysts' consensus estimates of $1.75 by $0.02. The firm had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.17 billion. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The company's revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.75 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Equities analysts predict that Genuine Parts Company will post 7.73 EPS for the current fiscal year.

Genuine Parts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th were issued 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 dividend yield of 3.9%. This is a boost from Genuine Parts's previous quarterly dividend of $1.03. Genuine Parts's dividend payout ratio (DPR) is 988.37%.

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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