Genuine Parts (NYSE:GPC) Shares Gap Down – Here’s What Happened

Genuine Parts Company (NYSE:GPC)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $122.40, but opened at $114.99. Genuine Parts shares last traded at $114.0150, with a volume of 663,474 shares trading hands.

Genuine Parts News Roundup

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

• Positive Sentiment: Genuine Parts beat Q2 earnings and revenue estimates, with strong sales growth in its industrial segment helping support the quarter. Genuine Parts Co (GPC) Q2 2026 Earnings Call Highlights
• Positive Sentiment: The company reaffirmed its 2026 adjusted EPS outlook of $7.50 to $8.00, signaling management confidence in the business despite a mixed macro backdrop. Genuine Parts Company Reports Second Quarter 2026 Results
• Neutral Sentiment: Truist raised its price target on GPC to $126 from $124 but kept a Hold rating, suggesting limited near-term conviction. Benzinga report on Truist price target
• Neutral Sentiment: Unusual call-option buying picked up, which can indicate rising trader interest, but it does not confirm a fundamental change in the business.
• Negative Sentiment: Management lowered full-year guidance for 2026 revenue and kept EPS guidance close to Street expectations, which may limit upside if results normalize. Genuine Parts Q2 sales up 6%, full-year EPS guidance lowered

Analyst Ratings Changes

A number of research analysts have recently weighed in on GPC shares. DA Davidson increased their price objective on Genuine Parts from $145.00 to $150.00 and gave the company a “buy” rating in a report on Monday, July 6th. Truist Financial lifted their price objective on shares of Genuine Parts from $124.00 to $126.00 and gave the company a “hold” rating in a report on Wednesday. Evercore reaffirmed an “outperform” rating on shares of Genuine Parts in a research note on Wednesday. Raymond James Financial restated a “strong-buy” rating and set a $165.00 price target on shares of Genuine Parts in a research report on Wednesday. Finally, Zacks Research raised Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Genuine Parts presently has a consensus rating of “Moderate Buy” and a consensus price target of $146.88.

Genuine Parts Trading Up 1.4%

The firm has a market capitalization of $16.62 billion, a PE ratio of 482.95 and a beta of 0.63. The business has a fifty day moving average price of $109.40 and a two-hundred day moving average price of $115.51. The company has a current ratio of 1.16, a quick ratio of 0.48 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 (EPS) 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 period in the previous year, the firm earned $2.10 EPS. The business’s revenue was up 6.0% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Analysts expect that Genuine Parts Company will post 7.69 EPS for the current fiscal year.

Genuine Parts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th were given a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, June 5th. Genuine Parts’s dividend payout ratio is currently 1,700.00%.

Insider Transactions at Genuine Parts

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

Institutional Investors Weigh In On Genuine Parts

A number of hedge funds have recently bought and sold shares of GPC. Olistico Wealth LLC purchased a new position in Genuine Parts in the fourth quarter worth approximately $25,000. Strive Financial Group LLC acquired a new position in Genuine Parts in the fourth quarter valued at $25,000. WPG Advisers LLC grew its stake in Genuine Parts by 213.0% during the 4th quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock worth $30,000 after buying an additional 164 shares during the last quarter. Motiv8 Investments LLC purchased a new position in shares of Genuine Parts during the fourth quarter worth approximately $31,000. Finally, Lodestone Wealth Management LLC purchased a new position in Genuine Parts during the 4th quarter worth $32,000. Institutional investors and hedge funds 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.