Standard Motor Products, Inc. (NYSE:SMP - Free Report) - Equities research analysts at Roth Capital lifted their FY2025 earnings per share (EPS) estimates for Standard Motor Products in a research note issued on Thursday, May 1st. Roth Capital analyst S. Stember now anticipates that the auto parts company will post earnings of $3.60 per share for the year, up from their prior estimate of $3.48. The consensus estimate for Standard Motor Products' current full-year earnings is $3.08 per share. Roth Capital also issued estimates for Standard Motor Products' Q2 2026 earnings at $1.20 EPS and Q3 2026 earnings at $1.62 EPS.
Standard Motor Products (NYSE:SMP - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The auto parts company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.44 by $0.37. Standard Motor Products had a return on equity of 10.42% and a net margin of 2.56%. The business had revenue of $413.38 million during the quarter, compared to analysts' expectations of $394.38 million. During the same period last year, the firm earned $0.45 EPS. The company's quarterly revenue was up 24.7% compared to the same quarter last year.
Separately, StockNews.com cut shares of Standard Motor Products from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 3rd.
Read Our Latest Stock Analysis on Standard Motor Products
Standard Motor Products Price Performance
Shares of NYSE:SMP traded down $0.14 during trading on Friday, hitting $28.06. 41,080 shares of the stock were exchanged, compared to its average volume of 167,048. The company has a current ratio of 2.25, a quick ratio of 0.82 and a debt-to-equity ratio of 0.21. The company has a market cap of $616.79 million, a PE ratio of 17.30 and a beta of 0.62. Standard Motor Products has a 12-month low of $21.38 and a 12-month high of $35.92. The company has a fifty day moving average price of $25.29 and a two-hundred day moving average price of $29.48.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of SMP. Franklin Resources Inc. purchased a new position in shares of Standard Motor Products during the 3rd quarter valued at approximately $3,876,000. Raymond James Financial Inc. acquired a new position in shares of Standard Motor Products during the fourth quarter valued at $2,710,000. American Century Companies Inc. increased its holdings in shares of Standard Motor Products by 21.1% in the 4th quarter. American Century Companies Inc. now owns 497,258 shares of the auto parts company's stock worth $15,405,000 after acquiring an additional 86,640 shares during the period. Algert Global LLC bought a new stake in Standard Motor Products in the 4th quarter valued at about $2,524,000. Finally, Bank of New York Mellon Corp boosted its stake in Standard Motor Products by 26.7% during the 4th quarter. Bank of New York Mellon Corp now owns 331,078 shares of the auto parts company's stock valued at $10,257,000 after purchasing an additional 69,717 shares during the period. Institutional investors and hedge funds own 81.26% of the company's stock.
Insider Transactions at Standard Motor Products
In other news, EVP Dale Burks sold 11,005 shares of Standard Motor Products stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $27.20, for a total transaction of $299,336.00. Following the sale, the executive vice president now owns 56,860 shares in the company, valued at $1,546,592. This trade represents a 16.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 5.00% of the company's stock.
Standard Motor Products Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.31 per share. The ex-dividend date is Thursday, May 15th. This is a boost from Standard Motor Products's previous quarterly dividend of $0.29. This represents a $1.24 annualized dividend and a dividend yield of 4.42%. Standard Motor Products's payout ratio is currently 88.57%.
About Standard Motor Products
(
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Standard Motor Products, Inc manufactures and distributes replacement automotive parts in the United States and internationally. The company operates through three segments: Vehicle Control, Temperature Control, and Engineered Solutions segments. The company provides components for the ignition, emissions, and fuel delivery systems, such as air injection and induction components, air management valves, regulators and solenoids, exhaust gas recirculation components, fuel injectors and related components, fuel valves, ignition coils, connectors and sockets, modules, pumps, relays and fuses, starting and charging system parts, and vapor and purge components.
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