KCM Investment Advisors LLC Decreases Stock Holdings in Genuine Parts Company $GPC

KCM Investment Advisors LLC reduced its stake in shares of Genuine Parts Company (NYSE:GPC) by 11.0% during the 1st quarter, HoldingsChannel reports. The firm owned 46,037 shares of the specialty retailer’s stock after selling 5,715 shares during the quarter. KCM Investment Advisors LLC’s holdings in Genuine Parts were worth $4,868,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in GPC. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of Genuine Parts by 85.0% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 30,262 shares of the specialty retailer’s stock valued at $3,200,000 after acquiring an additional 13,900 shares during the last quarter. Montag A & Associates Inc. increased its position in Genuine Parts by 19.6% during the first quarter. Montag A & Associates Inc. now owns 64,855 shares of the specialty retailer’s stock worth $6,923,000 after purchasing an additional 10,622 shares during the last quarter. Paradiem LLC acquired a new stake in Genuine Parts during the first quarter worth about $3,154,000. Hsbc Holdings PLC raised its stake in Genuine Parts by 19.5% during the fourth quarter. Hsbc Holdings PLC now owns 477,970 shares of the specialty retailer’s stock worth $58,887,000 after purchasing an additional 77,936 shares during the period. Finally, Conning Inc. raised its stake in Genuine Parts by 5.7% during the fourth quarter. Conning Inc. now owns 246,390 shares of the specialty retailer’s stock worth $30,296,000 after purchasing an additional 13,357 shares during the period. 78.83% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Genuine Parts

In other news, insider James F. Howe sold 415 shares of the firm’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 sale, the insider directly owned 25,589 shares in the company, 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 can be accessed 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.

Genuine Parts Trading Up 2.9%

NYSE GPC opened at $127.75 on Tuesday. The firm has a 50 day simple moving average of $111.17 and a 200-day simple moving average of $115.51. The firm has a market cap of $17.61 billion, a price-to-earnings ratio of 511.00 and a beta of 0.63. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.50 and a current ratio of 1.16. Genuine Parts Company has a one year low of $90.78 and a one year high of $151.57.

Genuine Parts (NYSE:GPC) last announced its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.07. Genuine Parts had a return on equity of 22.59% and a net margin of 0.13%.The business had revenue of $6.54 billion during the quarter, compared to analysts’ expectations of $6.43 billion. During the same quarter last year, the business posted $2.10 EPS. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Equities research analysts anticipate that Genuine Parts Company will post 7.72 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on GPC. UBS Group reiterated a “neutral” rating and issued a $122.00 target price on shares of Genuine Parts in a report on Wednesday, July 22nd. Raymond James Financial reaffirmed a “strong-buy” rating and set a $165.00 price target on shares of Genuine Parts in a research report on Wednesday, July 22nd. Truist Financial upped their price objective on Genuine Parts from $124.00 to $126.00 and gave the company a “hold” rating in a report on Wednesday, July 22nd. Zacks Research upgraded Genuine Parts from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Evercore reissued an “outperform” rating on shares of Genuine Parts in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Genuine Parts has a consensus rating of “Moderate Buy” and a consensus target price of $145.00.

Genuine Parts 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.