Genuine Parts Q1 EPS Forecast Increased by Zacks Research

Key Points

• Zacks Research raised its Q1 2027 EPS estimate for Genuine Parts to $1.96 from $1.91, while maintaining a Hold rating on the stock.
• Genuine Parts recently reported better-than-expected Q1 results, with EPS of $1.77 versus $1.75 expected and revenue of $6.26 billion versus $6.17 billion anticipated.
• The company also paying a quarterly dividend of $1.0625 per share, equal to an annualized yield of about 4.3%, with payment scheduled for July 2.

Genuine Parts Company (NYSE:GPC - Free Report) - Analysts at Zacks Research boosted their Q1 2027 earnings per share estimates for shares of Genuine Parts in a research report issued to clients and investors on Tuesday, May 26th. Zacks Research analyst Team now expects that the specialty retailer will earn $1.96 per share for the quarter, up from their prior estimate of $1.91. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Genuine Parts' current full-year earnings is $7.65 per share. Zacks Research also issued estimates for Genuine Parts' Q1 2028 earnings at $2.49 EPS.

Genuine Parts (NYSE:GPC - Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.75 by $0.02. The firm had revenue of $6.26 billion for the quarter, compared to analysts' expectations 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 for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.75 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS.

A number of other brokerages have also recently issued reports on GPC. Truist Financial cut their target price on Genuine Parts from $127.00 to $124.00 and set a "hold" rating on the stock in a report on Wednesday, April 22nd. Weiss Ratings restated a "hold (c-)" rating on shares of Genuine Parts in a research note on Friday, March 27th. Raymond James Financial upgraded 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 note on Tuesday, February 24th. UBS Group dropped their price objective on Genuine Parts from $135.00 to $125.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 22nd. Finally, Evercore set a $160.00 price objective on Genuine Parts in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $143.71.

Genuine Parts Price Performance

Genuine Parts stock opened at $98.47 on Thursday. Genuine Parts has a 52-week low of $90.78 and a 52-week high of $151.57. The stock's 50 day moving average price is $103.76 and its two-hundred day moving average price is $119.67. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.48 and a current ratio of 1.09. The stock has a market capitalization of $13.55 billion, a price-to-earnings ratio of 229.00 and a beta of 0.70.

Institutional Investors Weigh In On Genuine Parts

Hedge funds have recently made changes to their positions in the business. Community Bank N.A. bought a new stake in shares of Genuine Parts during the 3rd quarter worth $27,000. Strive Financial Group LLC bought a new stake in shares of Genuine Parts during the 4th quarter worth $25,000. Olistico Wealth LLC bought a new stake in shares of Genuine Parts during the 4th quarter worth $25,000. WPG Advisers LLC raised its stake in shares of Genuine Parts by 213.0% during the 4th quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer's stock worth $30,000 after purchasing an additional 164 shares during the period. Finally, Motiv8 Investments LLC bought a new stake in shares of Genuine Parts during the 4th quarter worth $31,000. 78.83% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Genuine Parts news, insider James F. Howe sold 415 shares of the firm's stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.33, for a total transaction of $43,296.95. Following the transaction, the insider directly owned 25,589 shares in the company, valued at approximately $2,669,700.37. This trade represents a 1.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.13% of the company's stock.

Genuine Parts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th will be paid a dividend of $1.0625 per share. The ex-dividend date is Friday, June 5th. This represents a $4.25 annualized dividend and a yield of 4.3%. Genuine Parts's dividend payout ratio (DPR) is 988.37%.

Genuine Parts News Roundup

Here are the key news stories impacting Genuine Parts this week:

• Positive Sentiment: Zacks Research upgraded Genuine Parts Company (GPC) from “strong sell” to “hold,” which is a modestly more favorable view of the stock. Zacks.com
• Positive Sentiment: The firm increased its FY2027 EPS estimate for GPC to $8.41 from $8.18 and slightly lifted FY2028 EPS to $9.76, indicating analysts see improving long-term earnings power. Zacks.com
• Positive Sentiment: Zacks also raised quarterly estimates for Q2 2027, Q3 2027, Q4 2027, and Q1 2027, which can support investor confidence in near-term profitability trends. Zacks.com
• Neutral Sentiment: A separate Yahoo Finance article questioned whether revenue momentum is offsetting restructuring costs at Genuine Parts Company, highlighting an ongoing debate about margin pressure versus growth. Yahoo Finance article
• Negative Sentiment: Despite the estimate increases, Zacks still kept a conservative overall rating on GPC, with some notes remaining at “hold” and others at “strong sell,” which may limit upside enthusiasm. Zacks.com

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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