Genuine Parts (NYSE:GPC) Stock Falls 4.3% – Here’s What Happened

Genuine Parts Company (NYSE:GPC)’s stock price traded down 4.3% on Tuesday. The company traded as low as $124.68 and last traded at $124.5640. Approximately 1,064,149 shares changed hands during trading, a decline of 31% from the average daily volume of 1,552,868 shares. The stock had previously closed at $130.18.

More Genuine Parts News

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

• Positive Sentiment: Third-quarter revenue rose 4.2% year over year to $6.52 billion, slightly above the approximately $6.49 billion consensus estimate. Industrial-sector growth accelerated, providing support for the company’s top-line performance. Genuine Parts Company Reports Third Quarter 2026 Results
• Positive Sentiment: Adjusted earnings were $2.07 per share, up from $1.98 a year earlier and above some analyst estimates near $2.04. The results indicate year-over-year earnings growth despite operating challenges. Genuine Parts Q3 Adjusted EPS
• Neutral Sentiment: Management highlighted continued execution across its automotive and industrial replacement-parts businesses during the earnings call, while investors focused on segment-level margins and the implications for the remainder of 2026. Genuine Parts Company Q3 2026 Earnings Call Transcript
• Negative Sentiment: Automotive margin pressure contributed to an earnings shortfall versus the stricter Zacks consensus estimate of $2.09 per share. This raised concerns about the company’s ability to convert sales growth into stronger profits. GPC Q3 Earnings Miss Estimates on Automotive Margin Pressure
• Negative Sentiment: GPC narrowed its 2026 adjusted EPS outlook to $7.50–$7.75 from $7.50–$8.00, removing the upper end of its prior forecast. The guidance reduction was the clearest negative catalyst and likely outweighed the revenue beat. Genuine Parts Q3 Earnings and Outlook

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Raymond James Financial reissued a “strong-buy” rating and issued a $165.00 target price on shares of Genuine Parts in a research report on Wednesday, July 22nd. Truist Financial raised their price target on Genuine Parts from $124.00 to $126.00 and gave the stock a “hold” rating in a research report on Wednesday, July 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Genuine Parts in a research report on Monday, September 21st. UBS Group reaffirmed a “neutral” rating and issued a $122.00 price objective on shares of Genuine Parts in a research note on Wednesday, July 22nd. Finally, DA Davidson boosted their price objective on Genuine Parts from $150.00 to $170.00 and gave the company a “buy” rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $146.00.

Genuine Parts Price Performance

The company’s 50-day moving average price is $132.11 and its 200-day moving average price is $118.68. The company has a quick ratio of 0.50, a current ratio of 1.16 and a debt-to-equity ratio of 0.88. The firm has a market cap of $17.14 billion, a price-to-earnings ratio of 497.30, a PEG ratio of 2.48 and a beta of 0.67.

Genuine Parts (NYSE:GPC) last announced its earnings results on Tuesday, October 20th. The specialty retailer reported $2.07 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.03. The firm had revenue of $6.52 billion for the quarter, compared to the consensus estimate of $6.49 billion. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.98 EPS. On average, equities research analysts forecast that Genuine Parts Company will post 7.73 EPS for the current year.

Genuine Parts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 4th were given a dividend of $1.0625 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.4%. Genuine Parts’s dividend payout ratio is currently 1,700.00%.

Institutional Trading of Genuine Parts

Several hedge funds have recently modified their holdings of GPC. BlackRock Inc. purchased a new stake in Genuine Parts during the 2nd quarter worth about $1,574,910,000. Bank of America Corp DE acquired a new stake in Genuine Parts in the 2nd quarter valued at about $201,072,000. Corient Private Wealth LP acquired a new stake in Genuine Parts in the 2nd quarter valued at about $3,903,000. Cullen Capital Management LLC acquired a new stake in Genuine Parts in the 2nd quarter valued at about $166,471,000. Finally, Equity Investment Corp purchased a new position in shares of Genuine Parts in the 2nd quarter valued at about $114,922,000. 78.83% of the stock is currently owned by institutional investors and hedge funds.

Genuine Parts Company Profile

Genuine Parts Company (NYSE:GPC) is a distributor of automotive and industrial replacement parts. Its Automotive Parts Group supplies components and accessories for cars, trucks and other vehicles, serving professional repair shops, commercial customers and do-it-yourself consumers through distribution networks, stores and digital channels.

The company’s Industrial Parts Group distributes products used to maintain and repair manufacturing, commercial and other industrial equipment. Its offerings include bearings, power-transmission components, motion-control products, industrial supplies and related maintenance, repair and operations products.