Genuine Parts Company $GPC Shares Sold by Legal & General Group Plc

Legal & General Group Plc cut its stake in Genuine Parts Company (NYSE:GPC) by 1.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 864,172 shares of the specialty retailer’s stock after selling 11,105 shares during the quarter. Legal & General Group Plc’s holdings in Genuine Parts were worth $106,259,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of GPC. Vanguard Group Inc. grew its holdings in Genuine Parts by 0.3% in the third quarter. Vanguard Group Inc. now owns 17,365,970 shares of the specialty retailer’s stock valued at $2,406,923,000 after purchasing an additional 56,792 shares during the period. Jefferies Financial Group Inc. acquired a new stake in Genuine Parts in the third quarter valued at approximately $4,213,000. Dana Investment Advisors Inc. grew its holdings in Genuine Parts by 15.8% in the third quarter. Dana Investment Advisors Inc. now owns 84,427 shares of the specialty retailer’s stock valued at $11,702,000 after purchasing an additional 11,539 shares during the period. Envestnet Asset Management Inc. grew its holdings in Genuine Parts by 4.1% in the third quarter. Envestnet Asset Management Inc. now owns 549,830 shares of the specialty retailer’s stock valued at $76,206,000 after purchasing an additional 21,820 shares during the period. Finally, TABR Capital Management LLC acquired a new stake in Genuine Parts in the fourth quarter valued at approximately $4,217,000. 78.83% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Analysts Set New Price Targets

Several brokerages have commented on GPC. Evercore set a $160.00 price objective on Genuine Parts in a report on Friday, February 20th. Truist Financial dropped their price objective on Genuine Parts from $127.00 to $124.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Zacks Research raised Genuine Parts from a “strong sell” rating to a “hold” rating in a report on Monday. Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a report on Friday, March 27th. Finally, UBS Group dropped their price objective on Genuine Parts from $135.00 to $125.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Genuine Parts currently has a consensus rating of “Moderate Buy” and a consensus target price of $143.71.

Genuine Parts Stock Up 0.9%

NYSE GPC opened at $99.25 on Friday. The business has a fifty day moving average price of $103.69 and a 200 day moving average price of $119.48. Genuine Parts Company has a one year low of $90.78 and a one year high of $151.57. 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 company has a market cap of $13.66 billion, a P/E ratio of 230.82 and a beta of 0.70.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $1.77 EPS for the quarter, beating the consensus estimate of $1.75 by $0.02. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The firm had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.17 billion. During the same period in the prior year, the company earned $1.75 EPS. The firm’s 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. Research analysts anticipate that Genuine Parts Company will post 7.65 EPS for the current fiscal year.

Genuine Parts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 5th will be paid a $1.0625 dividend. This represents a $4.25 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Friday, June 5th. Genuine Parts’s dividend payout ratio is currently 988.37%.

Genuine Parts News Roundup

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

• Positive Sentiment: Zacks Research raised its FY2027 EPS estimate for Genuine Parts to $8.41 from $8.18 and lifted FY2028 EPS to $9.76 from $9.75, suggesting stronger profit expectations ahead.
• Positive Sentiment: The firm also increased quarterly estimates for Q2 2027, Q3 2027, and Q4 2027, indicating improving earnings visibility over the next several reporting periods.
• Neutral Sentiment: Zacks Research upgraded Genuine Parts from “strong sell” to “hold,” a less bearish stance that may temper some downside pressure, though it is not a bullish endorsement. Zacks.com
• Neutral Sentiment: A separate Zacks note trimmed Q1 2028 EPS slightly to $2.49 from $2.51, showing that not all outlook changes were positive.
• Negative Sentiment: Zacks still rates Genuine Parts “hold” or “strong sell” depending on the note, so the research house remains cautious overall despite the higher estimates.

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.