Zacks Research Cuts Earnings Estimates for Genuine Parts

Key Points

• Zacks Research cut its Q2 2026 EPS estimate for Genuine Parts from $2.28 to $2.05 and assigned a "Strong Sell" rating, lowering its FY2026 EPS outlook to $7.58 (vs. a $7.73 consensus).
• Genuine Parts beat Q1 estimates with $1.77 EPS (vs. $1.75 expected) and $6.26 billion in revenue (up 6.8% YoY), and maintained FY2026 guidance of $7.50–$8.00 EPS.
• Shares trade near $104 with a notably high trailing P/E (~242.6); the company declared a quarterly dividend of $1.0625 (annualized $4.25, ~4.1% yield) despite a reported payout ratio of about 988%.

Genuine Parts Company (NYSE:GPC - Free Report) - Investment analysts at Zacks Research cut their Q2 2026 EPS estimates for Genuine Parts in a report issued on Tuesday, May 5th. Zacks Research analyst Team now forecasts that the specialty retailer will post earnings per share of $2.05 for the quarter, down from their prior estimate of $2.28. Zacks Research currently has a "Strong Sell" rating on the stock. The consensus estimate for Genuine Parts' current full-year earnings is $7.73 per share. Zacks Research also issued estimates for Genuine Parts' Q3 2026 earnings at $2.00 EPS, Q4 2026 earnings at $1.76 EPS, FY2026 earnings at $7.58 EPS and Q1 2027 earnings at $1.91 EPS.

Genuine Parts (NYSE:GPC - Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.75 by $0.02. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The firm had revenue of $6.26 billion during the quarter, compared to analyst estimates of $6.17 billion. During the same quarter in the previous year, the business earned $1.75 earnings per share. Genuine Parts's quarterly revenue was up 6.8% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS.

A number of other research firms also recently issued reports on GPC. Evercore set a $160.00 price target on Genuine Parts in a research report on Friday, February 20th. Weiss Ratings restated a "hold (c-)" rating on shares of Genuine Parts in a report on Friday, March 27th. Raymond James Financial raised shares of Genuine Parts from a "market perform" rating to a "strong-buy" rating and set a $145.00 price objective for the company in a research note on Tuesday, February 24th. UBS Group dropped their target price on shares of Genuine Parts from $135.00 to $125.00 and set a "neutral" rating on the stock in a report on Wednesday, April 22nd. Finally, Truist Financial reduced their price target on shares of Genuine Parts from $127.00 to $124.00 and set a "hold" rating for the company in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $143.71.

Genuine Parts Trading Up 0.8%

Shares of NYSE GPC opened at $104.32 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 1.09 and a debt-to-equity ratio of 0.77. The business has a fifty day simple moving average of $108.59 and a two-hundred day simple moving average of $123.17. The firm has a market cap of $14.36 billion, a PE ratio of 242.60 and a beta of 0.70. Genuine Parts has a twelve month low of $96.08 and a twelve month high of $151.57.

Genuine Parts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th will be given a $1.0625 dividend. This represents a $4.25 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, June 5th. Genuine Parts's payout ratio is presently 988.37%.

Institutional Investors Weigh In On Genuine Parts

A number of hedge funds have recently made changes to their positions in the stock. Norges Bank bought a new position in Genuine Parts in the fourth quarter worth about $293,471,000. Baupost Group LLC MA purchased a new position in shares of Genuine Parts in the 3rd quarter worth approximately $193,347,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Genuine Parts by 7,774.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,234,984 shares of the specialty retailer's stock worth $151,854,000 after buying an additional 1,219,300 shares during the last quarter. Interval Partners LP raised its stake in shares of Genuine Parts by 422.5% during the 3rd quarter. Interval Partners LP now owns 932,596 shares of the specialty retailer's stock worth $129,258,000 after acquiring an additional 754,117 shares in the last quarter. Finally, Junto Capital Management LP bought a new position in shares of Genuine Parts during the 3rd quarter worth approximately $65,551,000. 78.83% of the stock is currently owned by hedge funds and other institutional investors.

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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