Genuine Parts (NYSE:GPC) Issues FY 2026 Earnings Guidance

Genuine Parts (NYSE:GPC) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 7.500-8.000 for the period, compared to the consensus estimate of 7.700. The company issued revenue guidance of $25.0 billion-$25.6 billion, compared to the consensus revenue estimate of $25.4 billion.

Analyst Ratings Changes

Several equities research analysts have recently commented on GPC shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research note on Wednesday, June 24th. Truist Financial cut their target price on Genuine Parts from $127.00 to $124.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Zacks Research upgraded Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. UBS Group lowered their price target on Genuine Parts from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Finally, DA Davidson lifted their price target on Genuine Parts from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $144.50.

Genuine Parts Stock Performance

GPC opened at $122.41 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 0.48 and a debt-to-equity ratio of 0.77. Genuine Parts has a 12-month low of $90.78 and a 12-month high of $151.57. The firm has a 50 day moving average of $108.58 and a two-hundred day moving average of $115.55. The firm has a market capitalization of $16.85 billion, a PE ratio of 284.68 and a beta of 0.63.

Genuine Parts (NYSE:GPC) last released its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, beating the consensus estimate of $2.10 by $0.05. The business had revenue of $6.54 billion for the quarter, compared to the consensus estimate of $6.43 billion. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, analysts anticipate that Genuine Parts will post 7.69 EPS for the current year.

Genuine Parts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th were issued a $1.0625 dividend. This represents a $4.25 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Friday, June 5th. Genuine Parts’s dividend payout ratio is presently 988.37%.

Insider Buying and Selling

In other Genuine Parts news, insider James F. Howe sold 415 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $104.33, for a total transaction of $43,296.95. Following the sale, the insider directly owned 25,589 shares of the company’s stock, valued at approximately $2,669,700.37. This trade represents a 1.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.13% of the company’s stock.

Institutional Trading of Genuine Parts

Hedge funds have recently modified their holdings of the stock. Pacer Advisors Inc. boosted its position in Genuine Parts by 2.9% in the 4th quarter. Pacer Advisors Inc. now owns 11,416 shares of the specialty retailer’s stock worth $1,404,000 after purchasing an additional 321 shares in the last quarter. Compound Planning Inc. increased its holdings in shares of Genuine Parts by 107.6% during the 4th quarter. Compound Planning Inc. now owns 5,254 shares of the specialty retailer’s stock valued at $646,000 after purchasing an additional 2,723 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Genuine Parts by 8.3% during the 4th quarter. Invesco Ltd. now owns 1,716,868 shares of the specialty retailer’s stock valued at $211,106,000 after purchasing an additional 131,219 shares in the last quarter. Corient Private Wealth LLC lifted its stake in shares of Genuine Parts by 22.1% in the 4th quarter. Corient Private Wealth LLC now owns 36,841 shares of the specialty retailer’s stock valued at $4,530,000 after purchasing an additional 6,678 shares during the period. Finally, Strive Financial Group LLC acquired a new position in shares of Genuine Parts in the 4th quarter valued at $25,000. Hedge funds and other institutional investors 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.