Swiss National Bank grew its position in Genuine Parts Company (NYSE:GPC – Free Report) by 7.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 408,200 shares of the specialty retailer’s stock after buying an additional 27,100 shares during the quarter. Swiss National Bank’s holdings in Genuine Parts were worth $43,167,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Genuine Parts by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 17,533,951 shares of the specialty retailer’s stock worth $2,155,975,000 after acquiring an additional 167,981 shares in the last quarter. State Street Corp increased its holdings in shares of Genuine Parts by 1.4% during the fourth quarter. State Street Corp now owns 7,589,908 shares of the specialty retailer’s stock worth $940,940,000 after buying an additional 107,440 shares in the last quarter. Barclays PLC lifted its stake in shares of Genuine Parts by 10.6% in the 4th quarter. Barclays PLC now owns 3,901,362 shares of the specialty retailer’s stock valued at $479,711,000 after acquiring an additional 373,065 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Genuine Parts by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 3,775,438 shares of the specialty retailer’s stock valued at $462,772,000 after acquiring an additional 64,676 shares in the last quarter. Finally, Morgan Stanley increased its holdings in Genuine Parts by 16.6% in the 4th quarter. Morgan Stanley now owns 2,512,478 shares of the specialty retailer’s stock worth $308,935,000 after purchasing an additional 357,979 shares in the last quarter. Institutional investors own 78.83% of the company’s stock.
Wall Street Analysts Forecast Growth
GPC has been the topic of a number of recent research reports. UBS Group reissued a “neutral” rating and set a $122.00 price target on shares of Genuine Parts in a research note on Wednesday. DA Davidson boosted their target price on shares of Genuine Parts from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Zacks Research raised shares of Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Evercore reaffirmed an “outperform” rating on shares of Genuine Parts in a research report on Wednesday. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $146.88.
Key Genuine Parts News
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
Genuine Parts Price Performance
Shares of NYSE GPC opened at $120.74 on Thursday. The company has a market capitalization of $16.62 billion, a PE ratio of 482.95 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 Company has a twelve month low of $90.78 and a twelve month high of $151.57. The firm has a fifty day simple moving average of $109.40 and a 200 day simple moving average of $115.51.
Genuine Parts (NYSE:GPC – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.08 by $0.07. The firm had revenue of $6.54 billion during the quarter, compared to the consensus estimate of $6.43 billion. Genuine Parts had a return on equity of 22.59% and a net margin of 0.13%.The business’s revenue was up 6.0% compared to the same quarter last year. During the same period last year, the business posted $2.10 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, sell-side analysts forecast that Genuine Parts Company 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 dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Friday, June 5th. Genuine Parts’s dividend payout ratio is presently 1,700.00%.
Insider Activity at Genuine Parts
In other news, insider James F. Howe sold 415 shares of Genuine Parts 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. The trade was a 1.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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.
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.
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