Genuine Parts Company $GPC Stock Holdings Increased by Inceptionr LLC

Inceptionr LLC increased its stake in shares of Genuine Parts Company (NYSE:GPC) by 347.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,752 shares of the specialty retailer’s stock after purchasing an additional 6,019 shares during the quarter. Inceptionr LLC’s holdings in Genuine Parts were worth $820,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in GPC. United Asset Strategies Inc. increased its stake in Genuine Parts by 1.6% in the 4th quarter. United Asset Strategies Inc. now owns 4,492 shares of the specialty retailer’s stock valued at $552,000 after buying an additional 72 shares during the period. J2 Capital Management Inc boosted its stake in shares of Genuine Parts by 1.9% during the 4th quarter. J2 Capital Management Inc now owns 4,136 shares of the specialty retailer’s stock valued at $509,000 after buying an additional 79 shares during the period. Capital Investment Advisors LLC grew its holdings in shares of Genuine Parts by 0.6% during the 4th quarter. Capital Investment Advisors LLC now owns 14,173 shares of the specialty retailer’s stock valued at $1,743,000 after acquiring an additional 83 shares in the last quarter. IHT Wealth Management LLC grew its holdings in shares of Genuine Parts by 1.8% during the 4th quarter. IHT Wealth Management LLC now owns 4,644 shares of the specialty retailer’s stock valued at $571,000 after acquiring an additional 83 shares in the last quarter. Finally, Matrix Trust Co grew its holdings in shares of Genuine Parts by 27.6% during the 4th quarter. Matrix Trust Co now owns 393 shares of the specialty retailer’s stock valued at $48,000 after acquiring an additional 85 shares in the last quarter. 78.83% of the stock is currently owned by institutional investors and hedge funds.

Genuine Parts Stock Performance

Shares of GPC opened at $124.20 on Friday. The company’s fifty day moving average is $110.48 and its 200-day moving average is $115.55. Genuine Parts Company has a 12 month low of $90.78 and a 12 month high of $151.57. The firm has a market cap of $17.12 billion, a price-to-earnings ratio of 496.80 and a beta of 0.63. The company has a quick ratio of 0.48, a current ratio of 1.16 and a debt-to-equity ratio of 0.88.

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

Genuine Parts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th were issued a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a yield of 3.4%. The ex-dividend date was Friday, June 5th. Genuine Parts’s dividend payout ratio (DPR) is 1,700.00%.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Zacks Research upgraded Genuine Parts from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Truist Financial lifted their price objective on Genuine Parts from $124.00 to $126.00 and gave the company a “hold” rating in a research report on Wednesday. Evercore restated an “outperform” rating on shares of Genuine Parts in a research note on Wednesday. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $165.00 target price on shares of Genuine Parts in a research report on Wednesday. Finally, DA Davidson raised their price target on Genuine Parts from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $145.00.

Insiders Place Their Bets

In other Genuine Parts news, insider James F. Howe sold 415 shares of the business’s stock in a transaction dated 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 sale, the insider owned 25,589 shares of the company’s stock, valued at $2,669,700.37. The trade was a 1.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 currently owned by company insiders.

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.