Standard Motor Products (NYSE:SMP) Releases Earnings Results

Standard Motor Products (NYSE:SMP) issued its quarterly earnings data on Thursday. The auto parts company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.05, Zacks reports. The business had revenue of $451.17 million during the quarter, compared to the consensus estimate of $429.07 million. Standard Motor Products had a net margin of 2.31% and a return on equity of 13.15%.

Here are the key takeaways from Standard Motor Products’ conference call:

• Q1 consolidated sales rose 9.1% year‑over‑year, adjusted EBITDA was 9.9% of net sales, and non‑GAAP diluted EPS was $0.82.
• Vehicle Control sales grew 11.2% driven by customer assortment/pipeline orders and steady mid‑single‑digit POS; Temperature Control was up 0.7% (preseason timing shift), Engineered Solutions rebounded +12.6%, and Nissens sales rose 12.4% largely due to currency translation.
• Company is executing a $1-for-$1 tariff pass-through, which management says offsets costs but causes gross‑margin compression and pressures EBITDA margins versus prior year.
• Full‑year 2026 guidance is unchanged: sales growth in the low‑ to mid‑single‑digit range and adjusted EBITDA margin of 11%–12%, with expected interest ≈$30M, tax rate 27.5%–28%, and D&A $45M–$50M.
• Nissens integration is contributing cross‑sell opportunities and management expects $8M–$12M of cost savings run‑rate by end of 2026; net debt was ~$599M with leverage at 3x and a plan to reach 2x by year‑end.

Standard Motor Products Trading Up 1.7%

NYSE:SMP traded up $0.64 on Thursday, hitting $37.54. The stock had a trading volume of 125,081 shares, compared to its average volume of 101,199. The company has a quick ratio of 0.69, a current ratio of 2.13 and a debt-to-equity ratio of 0.81. The stock has a market cap of $835.53 million, a price-to-earnings ratio of 20.29 and a beta of 0.80. The company has a fifty day moving average price of $37.46 and a two-hundred day moving average price of $38.60. Standard Motor Products has a 1-year low of $26.61 and a 1-year high of $46.00.

Standard Motor Products Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 3.5%. The ex-dividend date is Friday, May 15th. Standard Motor Products’s payout ratio is presently 71.35%.

Hedge Funds Weigh In On Standard Motor Products

Institutional investors and hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC boosted its holdings in Standard Motor Products by 235.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,298 shares of the auto parts company’s stock valued at $71,000 after purchasing an additional 1,613 shares during the last quarter. iSAM Funds UK Ltd acquired a new position in Standard Motor Products in the 3rd quarter valued at about $99,000. Quantbot Technologies LP acquired a new position in Standard Motor Products in the 3rd quarter valued at about $108,000. Zacks Investment Management acquired a new position in Standard Motor Products in the 3rd quarter valued at about $202,000. Finally, Victory Capital Management Inc. acquired a new position in Standard Motor Products in the 3rd quarter valued at about $243,000. 81.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SMP has been the subject of a number of research reports. Wall Street Zen cut shares of Standard Motor Products from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 7th. Weiss Ratings cut shares of Standard Motor Products from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 10th. Finally, Zacks Research raised shares of Standard Motor Products from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Standard Motor Products currently has an average rating of “Buy” and an average price target of $49.00.

Standard Motor Products Company Profile

Standard Motor Products, Inc, headquartered in Long Island City, New York, is a leading manufacturer and distributor of aftermarket and original equipment automotive parts. Since its founding in 1919, the company has focused on engineering, testing, and supplying ignition and temperature management products for passenger cars and light trucks. Its product lineup includes ignition coils, spark plug wires, sensors, switches, heating and air conditioning controls, and related electronic components.

The company operates through two primary segments: Engine Management and Temperature Control.