TABR Capital Management LLC Invests $4.22 Million in Genuine Parts Company $GPC

TABR Capital Management LLC bought a new position in Genuine Parts Company (NYSE:GPC) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 34,293 shares of the specialty retailer’s stock, valued at approximately $4,217,000. Genuine Parts makes up about 1.6% of TABR Capital Management LLC’s portfolio, making the stock its 22nd biggest position.

A number of other institutional investors have also made changes to their positions in the company. Quadcap Wealth Management LLC boosted its holdings in Genuine Parts by 1.4% in the second quarter. Quadcap Wealth Management LLC now owns 5,578 shares of the specialty retailer’s stock worth $677,000 after purchasing an additional 75 shares during the period. Hantz Financial Services Inc. raised its holdings in shares of Genuine Parts by 25.9% during the third quarter. Hantz Financial Services Inc. now owns 399 shares of the specialty retailer’s stock worth $55,000 after purchasing an additional 82 shares during the period. Wealthcare Advisory Partners LLC lifted its position in shares of Genuine Parts by 0.6% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 14,806 shares of the specialty retailer’s stock worth $2,052,000 after buying an additional 83 shares during the last quarter. Voya Financial Advisors Inc. lifted its position in shares of Genuine Parts by 0.8% in the 3rd quarter. Voya Financial Advisors Inc. now owns 11,160 shares of the specialty retailer’s stock worth $1,554,000 after buying an additional 85 shares during the last quarter. Finally, Asset Dedication LLC boosted its holdings in shares of Genuine Parts by 4.6% in the 3rd quarter. Asset Dedication LLC now owns 1,950 shares of the specialty retailer’s stock valued at $270,000 after buying an additional 86 shares during the period. 78.83% of the stock is currently owned by institutional investors.

Genuine Parts Stock Performance

GPC stock opened at $96.38 on Monday. The company has a 50-day simple moving average of $127.09 and a 200 day simple moving average of $129.63. The company has a market capitalization of $13.41 billion, a P/E ratio of 209.53 and a beta of 0.75. The company has a quick ratio of 0.46, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. Genuine Parts Company has a fifty-two week low of $96.08 and a fifty-two week high of $151.57.

Genuine Parts (NYSE:GPC) last released its earnings results on Tuesday, February 17th. The specialty retailer reported $1.55 EPS for the quarter, missing the consensus estimate of $1.79 by ($0.24). Genuine Parts had a net margin of 0.27% and a return on equity of 22.28%. The company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.06 billion. During the same period in the previous year, the business posted $1.61 EPS. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Sell-side analysts predict that Genuine Parts Company will post 7.9 earnings per share for the current fiscal year.

Genuine Parts Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Friday, March 6th will be paid a dividend of $1.0625 per share. This is a boost from Genuine Parts’s previous quarterly dividend of $1.03. This represents a $4.25 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, March 6th. Genuine Parts’s dividend payout ratio (DPR) is 923.91%.

Wall Street Analysts Forecast Growth

GPC has been the subject of several recent research reports. Evercore set a $160.00 target price on Genuine Parts in a report on Friday, February 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a report on Monday, December 29th. Truist Financial set a $127.00 price objective on Genuine Parts and gave the stock a “hold” rating in a research note on Wednesday, February 18th. UBS Group dropped their target price on Genuine Parts from $150.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Finally, Raymond James Financial upgraded Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 target price on the stock in a research note on Tuesday, February 24th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Genuine Parts currently has an average rating of “Moderate Buy” and a consensus price target of $145.57.

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.