Genuine Parts Q1 EPS Forecast Decreased by Zacks Research

Key Points

• Zacks Research cut its Q1 2027 EPS estimate for Genuine Parts to $2.01 (from $2.19) and assigned the stock a "Strong Sell", while projecting FY2027 at $8.05 and FY2028 at $9.73.
• Genuine Parts recently missed quarterly EPS ($1.55 vs. $1.79 expected) and has set FY2026 guidance of $7.50–$8.00 in the wake of those results.
• The company raised its quarterly dividend to $1.0625 (annualized $4.25, ~4.0% yield), though the reported payout ratio is an unusually high 923.91%, raising questions about sustainability.

Genuine Parts Company (NYSE:GPC - Free Report) - Equities researchers at Zacks Research cut their Q1 2027 earnings estimates for Genuine Parts in a report released on Thursday, March 26th. Zacks Research analyst Team now expects that the specialty retailer will post earnings per share of $2.01 for the quarter, down from their previous forecast of $2.19. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for Genuine Parts' current full-year earnings is $7.90 per share. Zacks Research also issued estimates for Genuine Parts' Q2 2027 earnings at $2.06 EPS, Q3 2027 earnings at $2.02 EPS, Q4 2027 earnings at $1.96 EPS, FY2027 earnings at $8.05 EPS and FY2028 earnings at $9.73 EPS.

GPC has been the subject of several other research reports. UBS Group decreased their price objective on Genuine Parts from $150.00 to $135.00 and set a "neutral" rating for the company in a report on Wednesday, February 18th. Raymond James Financial upgraded Genuine Parts from a "market perform" rating to a "strong-buy" rating and set a $145.00 price target for the company in a research report on Tuesday, February 24th. Evercore set a $160.00 price target on Genuine Parts in a report on Friday, February 20th. Truist Financial set a $127.00 price objective on Genuine Parts and gave the stock a "hold" rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Genuine Parts in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Genuine Parts presently has a consensus rating of "Moderate Buy" and an average price target of $145.57.

Genuine Parts Trading Up 0.1%

NYSE:GPC opened at $105.24 on Friday. The company has a market capitalization of $14.64 billion, a P/E ratio of 228.78 and a beta of 0.75. The company has a current ratio of 1.08, a quick ratio of 0.46 and a debt-to-equity ratio of 0.79. Genuine Parts has a 12 month low of $96.08 and a 12 month high of $151.57. The firm has a fifty day simple moving average of $124.75 and a 200-day simple moving average of $128.76.

Genuine Parts (NYSE:GPC - Get Free Report) last announced its earnings results on Tuesday, February 17th. The specialty retailer reported $1.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.24). The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.06 billion. Genuine Parts had a net margin of 0.27% and a return on equity of 22.28%. The company's quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.61 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS.

Institutional Investors Weigh In On Genuine Parts

Several institutional investors and hedge funds have recently added to or reduced their stakes in GPC. Olistico Wealth LLC purchased a new position in shares of Genuine Parts in the fourth quarter worth about $25,000. Strive Financial Group LLC acquired a new position in Genuine Parts during the fourth quarter worth about $25,000. Community Bank N.A. purchased a new stake in Genuine Parts during the 3rd quarter valued at about $27,000. Peoples Financial Services CORP. purchased a new stake in Genuine Parts during the 3rd quarter valued at about $29,000. Finally, WPG Advisers LLC raised its holdings in Genuine Parts by 213.0% in the 4th quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer's stock valued at $30,000 after acquiring an additional 164 shares during the last quarter. Hedge funds and other institutional investors own 78.83% of the company's stock.

Genuine Parts Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Friday, March 6th will be issued a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Genuine Parts's previous quarterly dividend of $1.03. Genuine Parts's payout ratio is currently 923.91%.

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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