Standard Motor Products, Inc. (NYSE:SMP - Free Report) - Zacks Research upped their FY2025 earnings estimates for Standard Motor Products in a report released on Monday, January 27th. Zacks Research analyst L. Shahu now anticipates that the auto parts company will post earnings per share of $3.43 for the year, up from their prior estimate of $3.42. The consensus estimate for Standard Motor Products' current full-year earnings is $3.08 per share. Zacks Research also issued estimates for Standard Motor Products' Q2 2026 earnings at $1.00 EPS.
Separately, StockNews.com raised shares of Standard Motor Products from a "buy" rating to a "strong-buy" rating in a research note on Friday.
Get Our Latest Stock Analysis on Standard Motor Products
Standard Motor Products Stock Performance
Shares of SMP stock traded down $0.52 on Thursday, hitting $30.50. The company had a trading volume of 100,071 shares, compared to its average volume of 89,632. Standard Motor Products has a twelve month low of $26.09 and a twelve month high of $41.41. The company has a quick ratio of 0.82, a current ratio of 2.25 and a debt-to-equity ratio of 0.21. The company has a 50-day moving average price of $31.76 and a 200-day moving average price of $31.86. The firm has a market cap of $662.53 million, a P/E ratio of 18.83 and a beta of 0.52.
Institutional Trading of Standard Motor Products
A number of hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its holdings in shares of Standard Motor Products by 153.8% during the 3rd quarter. GAMMA Investing LLC now owns 906 shares of the auto parts company's stock worth $30,000 after acquiring an additional 549 shares during the period. Versant Capital Management Inc boosted its holdings in Standard Motor Products by 147.2% in the fourth quarter. Versant Capital Management Inc now owns 1,031 shares of the auto parts company's stock valued at $32,000 after acquiring an additional 614 shares during the last quarter. FMR LLC grew its holdings in shares of Standard Motor Products by 64.6% during the 3rd quarter. FMR LLC now owns 1,745 shares of the auto parts company's stock worth $58,000 after purchasing an additional 685 shares during the period. Farther Finance Advisors LLC purchased a new position in Standard Motor Products in the third quarter valued at about $73,000. Finally, Central Pacific Bank Trust Division acquired a new stake in shares of Standard Motor Products during the 3rd quarter valued at approximately $83,000. 81.26% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, CEO Eric Sills sold 1,721 shares of Standard Motor Products stock in a transaction on Monday, November 11th. The stock was sold at an average price of $34.97, for a total value of $60,183.37. Following the completion of the sale, the chief executive officer now directly owns 175,651 shares of the company's stock, valued at approximately $6,142,515.47. The trade was a 0.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Nathan R. Iles sold 1,485 shares of the firm's stock in a transaction on Monday, November 11th. The shares were sold at an average price of $34.97, for a total transaction of $51,930.45. Following the completion of the sale, the chief financial officer now owns 29,015 shares in the company, valued at $1,014,654.55. The trade was a 4.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,184 shares of company stock worth $387,041. Company insiders own 5.00% of the company's stock.
About Standard Motor Products
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Standard Motor Products, Inc manufactures and distributes replacement automotive parts in the United States and internationally. The company operates through three segments: Vehicle Control, Temperature Control, and Engineered Solutions segments. The company provides components for the ignition, emissions, and fuel delivery systems, such as air injection and induction components, air management valves, regulators and solenoids, exhaust gas recirculation components, fuel injectors and related components, fuel valves, ignition coils, connectors and sockets, modules, pumps, relays and fuses, starting and charging system parts, and vapor and purge components.
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