Vise Technologies Inc. Purchases Shares of 18,313 Genuine Parts Company $GPC

Key Points

• Vise Technologies initiated a position in Genuine Parts, buying 18,313 shares valued at approximately $2.16 million. 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, up 6% year over year. The company reaffirmed fiscal 2026 EPS guidance of $7.50–$8.00.
• The company declared a quarterly dividend of $1.0625 per share, or $4.25 annualized, representing a 3.2% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $147.86.

Vise Technologies Inc. acquired a new position in shares of Genuine Parts Company (NYSE:GPC - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 18,313 shares of the specialty retailer's stock, valued at approximately $2,161,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Genuine Parts by 3.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,717 shares of the specialty retailer's stock valued at $2,111,000 after purchasing an additional 671 shares during the last quarter. Woodline Partners LP increased its position in Genuine Parts by 40.7% during the first quarter. Woodline Partners LP now owns 11,746 shares of the specialty retailer's stock worth $1,399,000 after buying an additional 3,396 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Genuine Parts by 15.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,005 shares of the specialty retailer's stock worth $122,000 after buying an additional 137 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in Genuine Parts by 5.6% in the second quarter. Daiwa Securities Group Inc. now owns 24,954 shares of the specialty retailer's stock valued at $3,027,000 after buying an additional 1,323 shares during the period. Finally, AXA S.A. raised its stake in Genuine Parts by 37.2% in the second quarter. AXA S.A. now owns 51,292 shares of the specialty retailer's stock valued at $6,222,000 after buying an additional 13,898 shares during the period. 78.83% of the stock is owned by institutional investors.

Genuine Parts Trading Up 0.8%

Shares of GPC stock opened at $134.03 on Friday. Genuine Parts Company has a 12-month low of $90.78 and a 12-month high of $151.57. The company has a market capitalization of $18.48 billion, a PE ratio of 536.12 and a beta of 0.63. The firm has a 50 day moving average price of $124.05 and a two-hundred day moving average price of $115.34. The company has a quick ratio of 0.50, a current ratio of 1.16 and a debt-to-equity ratio of 0.88.

Genuine Parts (NYSE:GPC - Get Free Report) last posted its earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, beating the consensus estimate of $2.08 by $0.07. The company had revenue of $6.54 billion for 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 for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.10 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, analysts predict that Genuine Parts Company will post 7.73 earnings per share for the current year.

Genuine Parts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 4th will be issued a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Friday, September 4th. Genuine Parts's dividend payout ratio is currently 1,700.00%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on GPC. UBS Group reaffirmed a "neutral" rating and issued a $122.00 price objective on shares of Genuine Parts in a research report on Wednesday, July 22nd. Zacks Research upgraded Genuine Parts from a "strong sell" rating to a "hold" rating in a research note on Monday, May 25th. Raymond James Financial reaffirmed a "strong-buy" rating and set a $165.00 price target on shares of Genuine Parts in a report on Wednesday, July 22nd. Evercore reaffirmed an "outperform" rating on shares of Genuine Parts in a research report on Wednesday, July 22nd. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Genuine Parts in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $147.86.

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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