Zacks Research Lowers Earnings Estimates for Genuine Parts

Key Points

• Zacks Research lowered Genuine Parts’ earnings estimates, cutting Q1 2027 EPS to $1.87 from $1.96 and projecting FY2027 and FY2028 EPS of $8.23 and $9.57, respectively. Zacks maintained a “Hold” rating.
• Genuine Parts exceeded its latest quarterly expectations, reporting $2.15 in EPS versus the $2.08 consensus and revenue of $6.54 billion, up 6% year over year. Management’s FY2026 EPS guidance remains $7.50–$8.00.
• The company declared a quarterly dividend of $1.0625 per share, equivalent to $4.25 annually and a roughly 3.2% yield. Analysts’ overall view remains “Moderate Buy,” with an average price target of $147.86.

Genuine Parts Company (NYSE:GPC - Free Report) - Equities research analysts at Zacks Research decreased their Q1 2027 earnings per share estimates for Genuine Parts in a research report issued to clients and investors on Tuesday, August 11th. Zacks Research analyst Team now expects that the specialty retailer will post earnings of $1.87 per share for the quarter, down from their prior estimate of $1.96. Zacks Research currently has a "Hold" 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 2027 earnings at $2.11 EPS, Q4 2027 earnings at $2.04 EPS, FY2027 earnings at $8.23 EPS and FY2028 earnings at $9.57 EPS.

Genuine Parts (NYSE:GPC - Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, beating the consensus estimate of $2.08 by $0.07. The firm had revenue of $6.54 billion during the quarter, compared to analyst estimates of $6.43 billion. Genuine Parts had a return on equity of 22.59% and a net margin of 0.13%.The business's revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.10 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS.

GPC has been the subject of a number of other reports. Evercore reiterated an "outperform" rating on shares of Genuine Parts in a research report on Wednesday, July 22nd. Raymond James Financial reissued a "strong-buy" rating and issued a $165.00 price target on shares of Genuine Parts in a research note on Wednesday, July 22nd. Weiss Ratings reiterated a "hold (c-)" rating on shares of Genuine Parts in a research report on Wednesday, June 24th. UBS Group reaffirmed a "neutral" rating and issued a $122.00 target price on shares of Genuine Parts in a research report on Wednesday, July 22nd. Finally, DA Davidson boosted their price target on shares of Genuine Parts from $150.00 to $170.00 and gave the company a "buy" rating in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $147.86.

Genuine Parts Price Performance

Genuine Parts stock opened at $133.81 on Thursday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.50 and a current ratio of 1.16. The company's fifty day moving average price is $119.27 and its 200 day moving average price is $115.42. The stock has a market capitalization of $18.45 billion, a P/E ratio of 535.24 and a beta of 0.63. Genuine Parts has a 1 year low of $90.78 and a 1 year high of $151.57.

Institutional Investors Weigh In On Genuine Parts

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Genuine Parts by 85.0% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 30,262 shares of the specialty retailer's stock valued at $3,200,000 after buying an additional 13,900 shares during the last quarter. Montag A & Associates Inc. boosted its stake in Genuine Parts by 19.6% in the first quarter. Montag A & Associates Inc. now owns 64,855 shares of the specialty retailer's stock valued at $6,923,000 after acquiring an additional 10,622 shares during the last quarter. Paradiem LLC purchased a new stake in Genuine Parts in the first quarter worth $3,154,000. Hsbc Holdings PLC lifted its holdings in Genuine Parts by 19.5% during the fourth quarter. Hsbc Holdings PLC now owns 477,970 shares of the specialty retailer's stock valued at $58,887,000 after purchasing an additional 77,936 shares during the last quarter. Finally, Conning Inc. lifted its stake in shares of Genuine Parts by 5.7% during the 4th quarter. Conning Inc. now owns 246,390 shares of the specialty retailer's stock valued at $30,296,000 after buying an additional 13,357 shares in the last quarter. Hedge funds and other institutional investors own 78.83% of the company's stock.

Genuine Parts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 4th will be issued a $1.0625 dividend. This represents a $4.25 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, September 4th. Genuine Parts's payout ratio is presently 1,700.00%.

Key Headlines Impacting Genuine Parts

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

• Positive Sentiment: GPC declared a regular quarterly dividend of $1.0625 per share, payable October 2 to shareholders of record September 4. The payment implies annualized dividends of approximately $4.25 per share and a yield of about 3.2%, supporting the stock’s income appeal. Genuine Parts Company Declares Regular Quarterly Dividend
• Positive Sentiment: Zacks modestly raised select estimates, including Q3 FY2026 EPS to $2.05 from $2.00, FY2026 EPS to $7.68 from $7.58, and Q2 FY2027 EPS to $2.21 from $2.18. These revisions indicate some near-term earnings resilience.
• Neutral Sentiment: The current-year earnings outlook remains near consensus: Zacks projects FY2026 EPS of $7.68, compared with the broader analyst estimate of roughly $7.72-$7.73. The unchanged Hold rating provides no new bullish catalyst.
• Negative Sentiment: Zacks lowered Q4 FY2026 EPS to $1.71 from $1.76 and cut FY2027 EPS to $8.23 from $8.41. It also reduced Q1 FY2027 EPS to $1.87 from $1.96, Q3 FY2027 EPS to $2.11 from $2.16, and Q4 FY2027 EPS to $2.04 from $2.12.
• Negative Sentiment: Longer-term expectations also declined: FY2028 EPS was reduced to $9.57 from $9.76, while Q1 FY2028 EPS fell to $2.42 from $2.49. The broad pattern of downward revisions may weigh on sentiment and valuation, particularly after GPC’s recent move above its 50-day and 200-day moving averages.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source