SEB Asset Management AB Invests $5.16 Million in Genuine Parts Company $GPC

SEB Asset Management AB acquired a new position in Genuine Parts Company (NYSE:GPC) during the first quarter, Holdings Channel reports. The firm acquired 48,780 shares of the specialty retailer’s stock, valued at approximately $5,158,000.

Other large investors also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Genuine Parts by 3.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,717 shares of the specialty retailer’s stock valued at $2,111,000 after acquiring an additional 671 shares during the last quarter. Woodline Partners LP increased its position in shares of Genuine Parts by 40.7% in the first quarter. Woodline Partners LP now owns 11,746 shares of the specialty retailer’s stock worth $1,399,000 after purchasing an additional 3,396 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Genuine Parts by 15.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,005 shares of the specialty retailer’s stock worth $122,000 after purchasing an additional 137 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in Genuine Parts by 5.6% in the second quarter. Daiwa Securities Group Inc. now owns 24,954 shares of the specialty retailer’s stock valued at $3,027,000 after purchasing an additional 1,323 shares in the last quarter. Finally, AXA S.A. raised its stake in Genuine Parts by 37.2% in the second quarter. AXA S.A. now owns 51,292 shares of the specialty retailer’s stock valued at $6,222,000 after purchasing an additional 13,898 shares in the last quarter. Institutional investors own 78.83% of the company’s stock.

Trending Headlines about Genuine Parts

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

• Positive Sentiment: Genuine Parts beat Q2 earnings and revenue estimates, with strong sales growth in its industrial segment helping support the quarter. Genuine Parts Co (GPC) Q2 2026 Earnings Call Highlights
• Positive Sentiment: The company reaffirmed its 2026 adjusted EPS outlook of $7.50 to $8.00, signaling management confidence in the business despite a mixed macro backdrop. Genuine Parts Company Reports Second Quarter 2026 Results
• Neutral Sentiment: Truist raised its price target on GPC to $126 from $124 but kept a Hold rating, suggesting limited near-term conviction. Benzinga report on Truist price target
• Neutral Sentiment: Unusual call-option buying picked up, which can indicate rising trader interest, but it does not confirm a fundamental change in the business.
• Negative Sentiment: Management lowered full-year guidance for 2026 revenue and kept EPS guidance close to Street expectations, which may limit upside if results normalize. Genuine Parts Q2 sales up 6%, full-year EPS guidance lowered

Insider Buying and Selling

In related news, insider James F. Howe sold 415 shares of Genuine Parts stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $104.33, for a total value of $43,296.95. Following the transaction, the insider owned 25,589 shares in the company, valued at $2,669,700.37. This trade represents a 1.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.13% of the stock is currently owned by insiders.

Analysts Set New Price Targets

GPC has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a research note on Wednesday, June 24th. Raymond James Financial restated a “strong-buy” rating and set a $165.00 price objective on shares of Genuine Parts in a research report on Wednesday. Truist Financial lifted their price objective on shares of Genuine Parts from $124.00 to $126.00 and gave the stock a “hold” rating in a report on Wednesday. Zacks Research upgraded shares of Genuine Parts from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Finally, DA Davidson increased their target price on Genuine Parts from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Genuine Parts currently has an average rating of “Moderate Buy” and a consensus target price of $146.88.

Genuine Parts Stock Up 1.4%

Shares of GPC opened at $120.74 on Thursday. The firm has a market cap of $16.62 billion, a P/E ratio of 482.95 and a beta of 0.63. The stock has a 50 day simple moving average of $109.40 and a two-hundred day simple moving average of $115.51. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.16 and a quick ratio of 0.48. Genuine Parts Company has a 1 year low of $90.78 and a 1 year high of $151.57.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, topping the consensus estimate of $2.08 by $0.07. The firm had revenue of $6.54 billion for the quarter, compared to the consensus estimate of $6.43 billion. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The business’s revenue was up 6.0% compared to the same quarter last year. During the same period last year, the firm posted $2.10 earnings per share. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, analysts forecast that Genuine Parts Company will post 7.69 earnings per share for the current fiscal year.

Genuine Parts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 5th were issued a dividend of $1.0625 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $4.25 annualized dividend and a dividend yield of 3.5%. Genuine Parts’s dividend payout ratio (DPR) is currently 1,700.00%.

Genuine Parts 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.