Genuine Parts Company (NYSE:GPC) Receives $147.86 Average PT from Analysts

Shares of Genuine Parts Company (NYSE:GPC) have been given a consensus recommendation of “Moderate Buy” by the nine research firms that are presently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $147.8571.

GPC has been the subject of several research reports. Zacks Research raised Genuine Parts from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. DA Davidson raised their target price on shares of Genuine Parts from $150.00 to $170.00 and gave the stock a “buy” rating in a research note on Monday. UBS Group restated a “neutral” rating and set a $122.00 target price on shares of Genuine Parts in a research note on Wednesday, July 22nd. Evercore reaffirmed an “outperform” rating on shares of Genuine Parts in a report on Wednesday, July 22nd. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research note on Wednesday, June 24th.

Institutional Investors Weigh In On Genuine Parts

Institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Genuine Parts by 3.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,717 shares of the specialty retailer’s stock valued at $2,111,000 after buying an additional 671 shares during the period. Woodline Partners LP raised its position in Genuine Parts by 40.7% during the first quarter. Woodline Partners LP now owns 11,746 shares of the specialty retailer’s stock valued at $1,399,000 after purchasing an additional 3,396 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Genuine Parts by 15.8% during 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. lifted its stake in Genuine Parts by 5.6% during the second quarter. Daiwa Securities Group Inc. now owns 24,954 shares of the specialty retailer’s stock worth $3,027,000 after purchasing an additional 1,323 shares during the last quarter. Finally, AXA S.A. boosted its holdings in shares of Genuine Parts by 37.2% in the 2nd 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.

Genuine Parts Price Performance

NYSE:GPC opened at $133.02 on Tuesday. Genuine Parts has a 12-month low of $90.78 and a 12-month high of $151.57. The firm has a market capitalization of $18.34 billion, a price-to-earnings ratio of 532.08 and a beta of 0.63. The stock’s 50 day moving average price is $116.37 and its two-hundred day moving average price is $115.45. The company has a quick ratio of 0.50, a current ratio of 1.16 and a debt-to-equity ratio of 0.88.

Genuine Parts (NYSE:GPC) last issued its 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 company had revenue of $6.54 billion during the quarter, compared to the consensus estimate of $6.43 billion. Genuine Parts had a return on equity of 22.59% and a net margin of 0.13%.The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.10 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, analysts anticipate that Genuine Parts will post 7.72 earnings per share for the current year.

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.