Genuine Parts (NYSE:GPC – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 7.500-7.750 for the period, compared to the consensus estimate of 7.730. The company issued revenue guidance of $25.0 billion-$25.6 billion, compared to the consensus revenue estimate of $25.5 billion.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on the stock. UBS Group upped their target price on shares of Genuine Parts from $122.00 to $125.00 and gave the stock a “neutral” rating in a research report on Wednesday. Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a report on Monday, September 21st. Evercore restated an “outperform” rating on shares of Genuine Parts in a research report on Wednesday, July 22nd. The Goldman Sachs Group set a $122.00 price objective on Genuine Parts in a report on Tuesday. Finally, DA Davidson increased their price objective on Genuine Parts from $150.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. One equities research 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 stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $144.29.
Read Our Latest Stock Report on Genuine Parts
Genuine Parts Trading Up 1.0%
Genuine Parts (NYSE:GPC – Get Free Report) last posted its earnings results on Tuesday, October 20th. The specialty retailer reported $2.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.03. The company had revenue of $6.52 billion during the quarter, compared to analyst estimates of $6.49 billion. Genuine Parts had a return on equity of 22.59% and a net margin of 0.13%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.98 EPS. As a group, equities analysts forecast that Genuine Parts will post 7.73 EPS for the current year.
Genuine Parts Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 4th were issued a $1.0625 dividend. The ex-dividend date 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 (DPR) is 1,700.00%.
Genuine Parts News Summary
Here are the key news stories impacting Genuine Parts this week:
- Positive Sentiment: GPC reported third-quarter adjusted EPS of $2.07, ahead of the $2.04 consensus estimate, while sales rose 4.2% year over year to $6.52 billion, slightly above estimates. Genuine Parts Company Reports Third Quarter 2026 Results
- Positive Sentiment: The industrial segment remained a growth driver, with sales increasing 6% to approximately $2.4 billion. GPC also expects to complete its corporate separation in early 2027, a potential catalyst for improved strategic focus and investor valuation. Genuine Parts: 3 Key Takeaways for Long-Term Investors
- Neutral Sentiment: UBS raised its price target to $125 from $122 but retained a Neutral rating, indicating limited conviction despite the modestly higher valuation target. UBS Adjusts Price Target on Genuine Parts to $125 From $122, Maintains Neutral Rating
- Negative Sentiment: Automotive margins were squeezed by cost inflation and an uncertain macroeconomic environment. Although EPS increased from $1.98 a year earlier, some estimates characterized the $2.07 result as a miss, underscoring weaker-than-expected profitability. 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. The lower top end and reduced midpoint signal that management expects continued pressure on earnings, which was the primary reason the stock decreased following the report. Genuine Parts Q3 Adjusted Earnings, Net Sales Rise; Narrows 2026 Adjusted EPS Outlook
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.
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