Genuine Parts (GPC) Expected to Announce Earnings on Tuesday

Genuine Parts (NYSE:GPC - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Tuesday, July 22nd. Analysts expect the company to announce earnings of $2.08 per share and revenue of $6.10 billion for the quarter. Genuine Parts has set its FY 2025 guidance at 7.750-8.250 EPS.

Genuine Parts (NYSE:GPC - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The specialty retailer reported $1.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.66 by $0.09. Genuine Parts had a net margin of 3.60% and a return on equity of 23.71%. The business had revenue of $5.87 billion for the quarter, compared to the consensus estimate of $5.83 billion. On average, analysts expect Genuine Parts to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Genuine Parts Trading Down 1.8%

Shares of NYSE GPC traded down $2.18 during midday trading on Tuesday, hitting $122.23. 731,803 shares of the company traded hands, compared to its average volume of 1,301,687. Genuine Parts has a 12-month low of $104.01 and a 12-month high of $149.22. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.52 and a current ratio of 1.15. The stock has a 50-day moving average price of $123.67 and a 200 day moving average price of $120.42. The firm has a market cap of $16.96 billion, a P/E ratio of 20.07 and a beta of 0.74.

Genuine Parts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 2nd. Investors of record on Friday, June 6th were paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 3.37%. The ex-dividend date was Friday, June 6th. Genuine Parts's payout ratio is currently 67.65%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on GPC shares. Truist Financial upped their target price on shares of Genuine Parts from $133.00 to $137.00 and gave the stock a "buy" rating in a research note on Thursday, April 24th. Evercore ISI decreased their price target on shares of Genuine Parts from $135.00 to $130.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 23rd. The Goldman Sachs Group reissued a "sell" rating and issued a $114.00 price objective (down from $133.00) on shares of Genuine Parts in a research note on Tuesday, April 1st. Argus raised shares of Genuine Parts to a "strong-buy" rating in a research note on Friday, April 25th. Finally, Wall Street Zen cut shares of Genuine Parts from a "buy" rating to a "hold" rating in a research note on Saturday, April 26th. One research analyst has rated the stock with a sell rating, five have given a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $130.86.

Hedge Funds Weigh In On Genuine Parts

An institutional investor recently raised its position in Genuine Parts stock. Woodline Partners LP grew its holdings in shares of Genuine Parts Company (NYSE:GPC - Free Report) by 40.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,746 shares of the specialty retailer's stock after purchasing an additional 3,396 shares during the quarter. Woodline Partners LP's holdings in Genuine Parts were worth $1,399,000 at the end of the most recent quarter. Institutional investors own 78.83% of the company's stock.

About Genuine Parts

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates in two segments: Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and equipment and parts used by repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, and individuals.