Genuine Parts - GPC Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Genuine Parts in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" GPC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GPC, but not buy additional shares or sell existing shares.
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4 brokerages have issued 1 year price objectives for Genuine Parts' stock. Their GPC share price forecasts range from $133.00 to $186.00. On average, they predict the company's share price to reach $152.20 in the next twelve months. This suggests that the stock has a possible downside of 7.4%.
View analysts price targets for GPC or view top-rated stocks among Wall Street analysts.

Genuine Parts' stock was trading at $173.51 at the start of the year. Since then, GPC shares have decreased by 5.3% and is now trading at $164.37.
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Genuine Parts saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 2,980,000 shares, a decline of 9.1% from the February 28th total of 3,280,000 shares. Based on an average trading volume of 1,150,000 shares, the short-interest ratio is currently 2.6 days. Approximately 2.1% of the company's stock are short sold.
View Genuine Parts' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our GPC earnings forecast.

Genuine Parts (NYSE:GPC) announced its quarterly earnings data on Thursday, February, 23rd. The specialty retailer reported $2.05 EPS for the quarter, beating the consensus estimate of $1.90 by $0.15. The specialty retailer earned $5.52 billion during the quarter, compared to analysts' expectations of $5.33 billion. Genuine Parts had a trailing twelve-month return on equity of 32.22% and a net margin of 5.35%. The company's quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.79 earnings per share.
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Genuine Parts announced a quarterly dividend on Tuesday, February 21st. Shareholders of record on Friday, March 3rd will be given a dividend of $0.95 per share on Monday, April 3rd. This represents a $3.80 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend is Thursday, March 2nd. This is an increase from the stock's previous quarterly dividend of $0.90.
Read our dividend analysis for GPC.

ETFs with the largest weight of Genuine Parts (NYSE:GPC) stock in their portfolio include USCF Dividend Income Fund (UDI), TrueShares Low Volatility Equity Income ETF (DIVZ), Core Alternative ETF (CCOR), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Nuveen ESG Mid-Cap Value ETF (NUMV), Dividend Performers ETF (IPDP) and SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM).

Genuine Parts (NYSE:GPC) pays an annual dividend of $3.80 per share and currently has a dividend yield of 2.39%. The company has been increasing its dividend for 68 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 45.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GPC will have a dividend payout ratio of 39.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GPC.

Genuine Parts updated its FY 2025 earnings guidance on Thursday, March, 23rd. The company provided earnings per share (EPS) guidance of $11.00-$11.50 for the period. The company issued revenue guidance of $26.50 billion-$27.00 billion.

41 employees have rated Genuine Parts Chief Executive Officer Paul Donahue on Glassdoor.com. Paul Donahue has an approval rating of 73% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Genuine Parts investors own include AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), Exxon Mobil (XOM), Coca-Cola (KO), AbbVie (ABBV), Pfizer (PFE), Procter & Gamble (PG), Cisco Systems (CSCO) and Chevron (CVX).

Genuine Parts trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPC."

Genuine Parts' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (3.81%), Bank of America Corp DE (2.09%), Geode Capital Management LLC (2.08%), Wells Fargo & Company MN (2.07%), Morgan Stanley (1.51%) and Truist Financial Corp (1.31%). Insiders that own company stock include John R Holder, Kevin Herron and Paul D Donahue.
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Shares of GPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GPC stock can currently be purchased for approximately $164.37.

Genuine Parts (NYSE:GPC) has a market capitalization of $23.14 billion and generates $22.10 billion in revenue each year. The specialty retailer earns $1.18 billion in net income (profit) each year or $8.31 on an earnings per share basis.

The company employs 58,000 workers across the globe.

Genuine Parts' mailing address is 2999 WILDWOOD PARKWAY, ATLANTA GA, 30339. The official website for the company is www.genpt.com. The specialty retailer can be reached via phone at (678) 934-5000, via email at webmaster@genpt.com, or via fax at 770-956-2211.