Zacks Research Reduces Earnings Estimates for Genuine Parts

Genuine Parts (NYSE:GPC) – Equities researchers at Zacks Research decreased their Q1 2025 earnings estimates for Genuine Parts in a research report issued to clients and investors on Tuesday, March 4th. Zacks Research analyst R. Department now expects that the specialty retailer will post earnings per share of $1.69 for the quarter, down from their previous estimate of $1.92. The consensus estimate for Genuine Parts’ current full-year earnings is $7.90 per share. Zacks Research also issued estimates for Genuine Parts’ Q2 2025 earnings at $2.05 EPS, FY2025 earnings at $7.80 EPS, Q1 2026 earnings at $1.94 EPS, Q2 2026 earnings at $2.31 EPS, Q3 2026 earnings at $2.41 EPS, Q4 2026 earnings at $2.19 EPS and FY2026 earnings at $8.85 EPS.

Genuine Parts (NYSE:GPC) last issued its quarterly earnings results on Tuesday, February 18th. The specialty retailer reported $1.61 EPS for the quarter, topping the consensus estimate of $1.54 by $0.07. Genuine Parts had a net margin of 3.85% and a return on equity of 25.28%. The business had revenue of $5.77 billion for the quarter, compared to analysts’ expectations of $5.71 billion. During the same quarter last year, the company posted $2.26 earnings per share.

Other equities research analysts have also issued research reports about the stock. Truist Financial increased their price objective on shares of Genuine Parts from $129.00 to $133.00 and gave the stock a “buy” rating in a research note on Wednesday, February 19th. Evercore ISI dropped their price objective on shares of Genuine Parts from $128.00 to $125.00 and set an “in-line” rating on the stock in a research note on Wednesday, February 19th. Northcoast Research lowered shares of Genuine Parts from a “buy” rating to a “neutral” rating in a research note on Friday, January 17th. Loop Capital began coverage on shares of Genuine Parts in a research note on Thursday, January 16th. They set a “buy” rating and a $155.00 price objective on the stock. Finally, Redburn Atlantic upgraded shares of Genuine Parts to a “hold” rating in a research note on Monday, November 11th. Eight equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Genuine Parts presently has an average rating of “Hold” and an average price target of $137.63.

Genuine Parts Stock Performance

Shares of GPC stock opened at $126.03 on Friday. The stock has a market capitalization of $17.49 billion, a price-to-earnings ratio of 19.48 and a beta of 0.94. Genuine Parts has a one year low of $112.74 and a one year high of $164.45. The company’s 50-day simple moving average is $119.34 and its 200-day simple moving average is $126.27. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.57 and a current ratio of 1.16.

Genuine Parts Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be paid a $1.03 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $4.12 annualized dividend and a dividend yield of 3.27%. This is a positive change from Genuine Parts’s previous quarterly dividend of $1.00. Genuine Parts’s dividend payout ratio (DPR) is presently 63.68%.

Insider Buying and Selling at Genuine Parts

In other Genuine Parts news, Director Wendy B. Needham sold 1,608 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $120.78, for a total value of $194,214.24. Following the sale, the director now owns 11,357 shares in the company, valued at approximately $1,371,698.46. This trade represents a 12.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.37% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GPC. Norges Bank bought a new position in shares of Genuine Parts in the fourth quarter valued at approximately $206,645,000. Junto Capital Management LP bought a new position in shares of Genuine Parts in the fourth quarter valued at approximately $94,868,000. Equity Investment Corp bought a new position in shares of Genuine Parts in the fourth quarter valued at approximately $84,128,000. Alyeska Investment Group L.P. boosted its holdings in shares of Genuine Parts by 204.7% in the fourth quarter. Alyeska Investment Group L.P. now owns 789,050 shares of the specialty retailer’s stock valued at $92,129,000 after acquiring an additional 530,057 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Genuine Parts by 18.9% in the fourth quarter. Invesco Ltd. now owns 3,262,229 shares of the specialty retailer’s stock valued at $380,898,000 after acquiring an additional 518,851 shares in the last quarter. 78.83% of the stock is currently owned by institutional investors.

About Genuine Parts

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates in two segments: Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and equipment and parts used by repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, and individuals.