Q2 EPS Estimates for Genuine Parts Boosted by Zacks Research

Genuine Parts Company (NYSE:GPC) – Zacks Research raised their Q2 2027 earnings per share (EPS) estimates for Genuine Parts in a research note issued to investors on Tuesday, May 26th. Zacks Research analyst Team now anticipates that the specialty retailer will post earnings per share of $2.18 for the quarter, up from their prior forecast of $2.09. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Genuine Parts’ current full-year earnings is $7.65 per share. Zacks Research also issued estimates for Genuine Parts’ Q3 2027 earnings at $2.16 EPS, Q4 2027 earnings at $2.12 EPS, FY2027 earnings at $8.41 EPS and FY2028 earnings at $9.76 EPS.

Several other analysts have also issued reports on the stock. Truist Financial lowered their price target on shares of Genuine Parts from $127.00 to $124.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. UBS Group lowered their price target on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a research report on Friday, March 27th. Evercore set a $160.00 price objective on Genuine Parts in a report on Friday, February 20th. Finally, Raymond James Financial raised Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price objective on the stock in a report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $143.71.

Genuine Parts Stock Performance

NYSE:GPC opened at $97.02 on Wednesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.09 and a quick ratio of 0.48. The business has a fifty day simple moving average of $103.87 and a two-hundred day simple moving average of $119.86. Genuine Parts has a 1 year low of $90.78 and a 1 year high of $151.57. The company has a market capitalization of $13.35 billion, a P/E ratio of 225.63 and a beta of 0.70.

Genuine Parts (NYSE:GPC) last released its earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.02. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The business had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.17 billion. During the same period last year, the business posted $1.75 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS.

Institutional Investors Weigh In On Genuine Parts

Institutional investors have recently added to or reduced their stakes in the company. Community Bank N.A. purchased a new stake in Genuine Parts during the 3rd quarter valued at $27,000. Strive Financial Group LLC bought a new position in Genuine Parts in the fourth quarter worth $25,000. Olistico Wealth LLC bought a new position in Genuine Parts in the fourth quarter worth $25,000. WPG Advisers LLC lifted its holdings in shares of Genuine Parts by 213.0% during the fourth quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 164 shares during the last quarter. Finally, Motiv8 Investments LLC purchased a new position in shares of Genuine Parts during the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 78.83% of the company’s stock.

Insider Activity at Genuine Parts

In related news, insider James F. Howe sold 415 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.33, for a total value of $43,296.95. Following the transaction, the insider owned 25,589 shares of the company’s stock, valued at $2,669,700.37. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.13% of the company’s stock.

Genuine Parts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th will be issued a dividend of $1.0625 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $4.25 annualized dividend and a dividend yield of 4.4%. Genuine Parts’s payout ratio is presently 988.37%.

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.