Zacks Research Analysts Cut Earnings Estimates for Standard Motor Products, Inc. (NYSE:SMP)

Standard Motor Products, Inc. (NYSE:SMP) – Stock analysts at Zacks Research decreased their Q1 2026 earnings estimates for Standard Motor Products in a research report issued to clients and investors on Tuesday, July 16th. Zacks Research analyst L. Shahu now anticipates that the auto parts company will post earnings per share of $0.69 for the quarter, down from their previous estimate of $0.70. The consensus estimate for Standard Motor Products’ current full-year earnings is $2.99 per share. Zacks Research also issued estimates for Standard Motor Products’ FY2026 earnings at $3.74 EPS.

Standard Motor Products (NYSE:SMP) last released its quarterly earnings results on Wednesday, May 1st. The auto parts company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.05. The firm had revenue of $331.40 million during the quarter, compared to the consensus estimate of $321.84 million. Standard Motor Products had a net margin of 2.28% and a return on equity of 9.48%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.61 earnings per share.

A number of other brokerages also recently weighed in on SMP. Roth Mkm reissued a “buy” rating and set a $42.00 target price on shares of Standard Motor Products in a research note on Thursday, May 23rd. StockNews.com raised shares of Standard Motor Products from a “hold” rating to a “buy” rating in a research note on Friday, March 29th.

Standard Motor Products Price Performance

Shares of NYSE SMP opened at $32.34 on Thursday. Standard Motor Products has a twelve month low of $26.09 and a twelve month high of $41.71. The firm has a fifty day simple moving average of $29.39 and a 200 day simple moving average of $33.36. The company has a market capitalization of $705.66 million, a PE ratio of 23.27 and a beta of 0.52. The company has a quick ratio of 0.92, a current ratio of 2.66 and a debt-to-equity ratio of 0.32.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SMP. Gladius Capital Management LP purchased a new position in Standard Motor Products during the fourth quarter worth about $109,000. International Assets Investment Management LLC boosted its holdings in Standard Motor Products by 3,928.4% during the fourth quarter. International Assets Investment Management LLC now owns 4,673 shares of the auto parts company’s stock worth $186,000 after purchasing an additional 4,557 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in Standard Motor Products during the first quarter worth about $205,000. Arizona State Retirement System purchased a new position in Standard Motor Products during the fourth quarter worth about $218,000. Finally, SageView Advisory Group LLC purchased a new position in Standard Motor Products during the first quarter worth about $222,000. 81.26% of the stock is currently owned by institutional investors and hedge funds.

Standard Motor Products Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date was Tuesday, May 14th. Standard Motor Products’s dividend payout ratio is currently 83.45%.

Standard Motor Products Company Profile

Standard Motor Products, Inc manufactures and distributes replacement automotive parts in the United States and internationally. The company operates through three segments: Vehicle Control, Temperature Control, and Engineered Solutions segments. The company provides components for the ignition, emissions, and fuel delivery systems, such as air injection and induction components, air management valves, regulators and solenoids, exhaust gas recirculation components, fuel injectors and related components, fuel valves, ignition coils, connectors and sockets, modules, pumps, relays and fuses, starting and charging system parts, and vapor and purge components.