Zacks Research Reduces Earnings Estimates for Genuine Parts

Genuine Parts (NYSE:GPC - Free Report) - Research analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for shares of Genuine Parts in a report released on Tuesday, November 12th. Zacks Research analyst R. Department now anticipates that the specialty retailer will post earnings of $1.89 per share for the quarter, down from their previous forecast of $1.96. The consensus estimate for Genuine Parts' current full-year earnings is $8.09 per share. Zacks Research also issued estimates for Genuine Parts' Q2 2025 earnings at $2.15 EPS, Q3 2025 earnings at $2.02 EPS, Q4 2025 earnings at $1.94 EPS, FY2025 earnings at $8.01 EPS, Q1 2026 earnings at $2.04 EPS, Q2 2026 earnings at $2.35 EPS, Q3 2026 earnings at $2.41 EPS and FY2026 earnings at $9.00 EPS.

Several other equities research analysts also recently issued reports on GPC. The Goldman Sachs Group cut their price objective on Genuine Parts from $162.00 to $138.00 and set a "neutral" rating on the stock in a report on Wednesday, October 23rd. UBS Group cut their target price on shares of Genuine Parts from $145.00 to $125.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 23rd. Evercore ISI boosted their price objective on Genuine Parts from $155.00 to $160.00 and gave the stock an "in-line" rating in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. lowered their target price on shares of Genuine Parts from $162.00 to $135.00 and set an "overweight" rating for the company in a report on Tuesday, October 22nd. Finally, Truist Financial reduced their price objective on shares of Genuine Parts from $164.00 to $129.00 and set a "buy" rating for the company in a research note on Wednesday, October 23rd. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $139.57.

Genuine Parts Trading Up 0.1 %

Genuine Parts stock traded up $0.17 during trading on Thursday, hitting $123.85. The company had a trading volume of 1,422,791 shares, compared to its average volume of 1,057,619. The company has a current ratio of 1.17, a quick ratio of 0.57 and a debt-to-equity ratio of 0.81. The company's 50 day simple moving average is $131.29 and its 200-day simple moving average is $138.94. Genuine Parts has a 1-year low of $112.74 and a 1-year high of $164.45. The stock has a market cap of $17.22 billion, a price-to-earnings ratio of 15.92 and a beta of 0.92.

Genuine Parts (NYSE:GPC - Get Free Report) last issued its quarterly earnings data on Tuesday, October 22nd. The specialty retailer reported $1.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.42 by ($0.54). The company had revenue of $6 billion during the quarter, compared to analysts' expectations of $5.94 billion. Genuine Parts had a net margin of 4.67% and a return on equity of 27.23%. The firm's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.49 earnings per share.

Genuine Parts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Friday, September 6th were paid a dividend of $1.00 per share. The ex-dividend date was Friday, September 6th. This represents a $4.00 annualized dividend and a yield of 3.23%. Genuine Parts's dividend payout ratio is presently 51.48%.

Hedge Funds Weigh In On Genuine Parts

Hedge funds and other institutional investors have recently made changes to their positions in the business. First Citizens Bank & Trust Co. boosted its stake in Genuine Parts by 4.9% during the 2nd quarter. First Citizens Bank & Trust Co. now owns 1,616 shares of the specialty retailer's stock valued at $224,000 after acquiring an additional 75 shares during the last quarter. HBK Sorce Advisory LLC lifted its holdings in Genuine Parts by 1.8% in the first quarter. HBK Sorce Advisory LLC now owns 4,437 shares of the specialty retailer's stock worth $689,000 after acquiring an additional 80 shares during the last quarter. Dover Advisors LLC boosted its stake in Genuine Parts by 5.1% in the second quarter. Dover Advisors LLC now owns 1,756 shares of the specialty retailer's stock valued at $243,000 after acquiring an additional 85 shares during the period. Metis Global Partners LLC grew its holdings in shares of Genuine Parts by 1.9% during the third quarter. Metis Global Partners LLC now owns 4,477 shares of the specialty retailer's stock valued at $625,000 after purchasing an additional 85 shares during the last quarter. Finally, Blackhawk Capital Partners LLC. boosted its position in Genuine Parts by 1.3% during the 2nd quarter. Blackhawk Capital Partners LLC. now owns 6,793 shares of the specialty retailer's stock valued at $940,000 after purchasing an additional 86 shares during the period. Institutional investors and hedge funds own 78.83% of the company's stock.

Genuine Parts Company Profile

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.