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

Genuine Parts (NYSE:GPC) was upgraded by 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 analysts have also weighed in on the stock. UBS Group lowered their price objective on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating for the company in a research note 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 for the company in a research note on Tuesday, February 24th. Truist Financial lowered their price objective on shares of Genuine Parts from $127.00 to $124.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research note on Friday, March 27th. Finally, Evercore set a $160.00 price target on shares of Genuine Parts in a research note on Friday, February 20th. 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 data from MarketBeat, Genuine Parts presently has an average rating of “Moderate Buy” and an average price target of $143.71.

Genuine Parts Stock Performance

NYSE:GPC opened at $97.02 on Monday. The company has a fifty day moving average of $103.87 and a 200-day moving average of $119.86. The firm has a market capitalization of $13.35 billion, a P/E ratio of 225.63 and a beta of 0.70. The company has a quick ratio of 0.48, a current ratio of 1.09 and a debt-to-equity ratio of 0.77. Genuine Parts has a twelve month low of $90.78 and a twelve month high of $151.57.

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

Insider Activity

In other news, insider James F. Howe sold 415 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were 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 in the company, valued at $2,669,700.37. This represents a 1.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.13% of the stock is currently owned by insiders.

Institutional Trading of Genuine Parts

Several institutional investors have recently made changes to their positions in the company. Essential Partners LLC grew its stake in shares of Genuine Parts by 2,298.0% in the 1st quarter. Essential Partners LLC now owns 1,223 shares of the specialty retailer’s stock worth $129,000 after acquiring an additional 1,172 shares in the last quarter. Western Wealth Management LLC grew its stake in shares of Genuine Parts by 306.4% in the 1st quarter. Western Wealth Management LLC now owns 7,010 shares of the specialty retailer’s stock worth $741,000 after acquiring an additional 5,285 shares in the last quarter. Paragon Private Wealth Management LLC grew its stake in shares of Genuine Parts by 34.0% in the 1st quarter. Paragon Private Wealth Management LLC now owns 4,595 shares of the specialty retailer’s stock worth $486,000 after acquiring an additional 1,167 shares in the last quarter. Kentucky Retirement Systems grew its stake in shares of Genuine Parts by 46.3% in the 1st quarter. Kentucky Retirement Systems now owns 12,744 shares of the specialty retailer’s stock worth $1,348,000 after acquiring an additional 4,036 shares in the last quarter. Finally, Bull Harbor Capital LLC bought a new stake in shares of Genuine Parts in the 1st quarter worth $401,000. Institutional investors own 78.83% of the company’s stock.

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.