Zacks Research Upgrades Genuine Parts (NYSE:GPC) to “Hold”

Genuine Parts (NYSE:GPC) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports. Zacks Research also issued estimates for Genuine Parts’ Q2 2027 earnings at $2.18 EPS, Q3 2027 earnings at $2.16 EPS, Q4 2027 earnings at $2.12 EPS, FY2027 earnings at $8.41 EPS and FY2028 earnings at $9.76 EPS.

Several other equities analysts have also recently weighed in on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research report on Friday, March 27th. Evercore set a $160.00 price objective on shares of Genuine Parts in a research report on Friday, February 20th. Truist Financial lowered their price objective on shares of Genuine Parts from $127.00 to $124.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Raymond James Financial upgraded shares of Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price objective on the stock in a research report on Tuesday, February 24th. Finally, UBS Group lowered their price objective on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Genuine Parts has a consensus rating of “Moderate Buy” and an average price target of $143.71.

Genuine Parts Trading Down 0.9%

Genuine Parts stock opened at $97.02 on Monday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.48 and a current ratio of 1.09. The firm has a market cap of $13.35 billion, a price-to-earnings ratio of 225.63 and a beta of 0.70. Genuine Parts has a 1 year low of $90.78 and a 1 year high of $151.57. The firm’s 50 day moving average price is $103.87 and its two-hundred day moving average price is $119.86.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.02. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. The firm had revenue of $6.26 billion for the quarter, compared to analysts’ expectations of $6.17 billion. During the same period in the previous year, the company posted $1.75 EPS. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, research analysts predict that Genuine Parts will post 7.65 EPS for the current fiscal year.

Insider Activity

In other Genuine Parts 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 transaction of $43,296.95. Following the completion of the sale, the insider owned 25,589 shares of the company’s stock, valued at $2,669,700.37. This trade represents a 1.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.13% of the stock is owned by company insiders.

Institutional Investors Weigh In On Genuine Parts

Several institutional investors and hedge funds have recently modified their holdings of GPC. Norges Bank acquired a new stake in shares of Genuine Parts in the 4th quarter valued at $293,471,000. Baupost Group LLC MA acquired a new stake in shares of Genuine Parts in the 3rd quarter valued at $193,347,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Genuine Parts by 7,774.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,234,984 shares of the specialty retailer’s stock valued at $151,854,000 after purchasing an additional 1,219,300 shares during the last quarter. Interval Partners LP lifted its stake in shares of Genuine Parts by 422.5% in the 3rd quarter. Interval Partners LP now owns 932,596 shares of the specialty retailer’s stock valued at $129,258,000 after purchasing an additional 754,117 shares during the last quarter. Finally, Junto Capital Management LP acquired a new position in Genuine Parts during the 3rd quarter worth $65,551,000. Institutional investors and hedge funds own 78.83% of the company’s stock.

About Genuine Parts

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.