What is Wedbush’s Estimate for Genuine Parts Q1 Earnings?

Genuine Parts (NYSE:GPC) – Research analysts at Wedbush lowered their Q1 2025 earnings per share estimates for shares of Genuine Parts in a research report issued to clients and investors on Wednesday, February 19th. Wedbush analyst S. Basham now expects that the specialty retailer will post earnings per share of $1.73 for the quarter, down from their prior estimate of $2.15. The consensus estimate for Genuine Parts’ current full-year earnings is $7.91 per share. Wedbush also issued estimates for Genuine Parts’ Q2 2025 earnings at $2.14 EPS and FY2027 earnings at $9.49 EPS.

GPC has been the topic of several other research reports. Northcoast Research cut Genuine Parts from a “buy” rating to a “neutral” rating in a research note on Friday, January 17th. Loop Capital assumed coverage on Genuine Parts in a research note on Thursday, January 16th. They set a “buy” rating and a $155.00 price objective on the stock. Redburn Atlantic upgraded Genuine Parts to a “hold” rating in a research note on Monday, November 11th. Truist Financial upped their price objective on Genuine Parts from $129.00 to $133.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Evercore ISI cut their price objective on Genuine Parts from $128.00 to $125.00 and set an “in-line” rating on the stock in a research note on Wednesday. Eight investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $137.63.

Genuine Parts Trading Down 1.3 %

Shares of GPC opened at $121.68 on Friday. The company has a market capitalization of $16.92 billion, a P/E ratio of 18.81 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 has a debt-to-equity ratio of 0.86, a quick ratio of 0.57 and a current ratio of 1.16. The stock has a 50-day moving average price of $118.29 and a 200 day moving average price of $127.16.

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Millstone Evans Group LLC bought a new position in Genuine Parts in the 4th quarter worth approximately $25,000. Ashton Thomas Securities LLC acquired a new position in shares of Genuine Parts in the 3rd quarter valued at $26,000. Kestra Investment Management LLC acquired a new position in shares of Genuine Parts in the 4th quarter valued at $28,000. First Command Advisory Services Inc. acquired a new position in shares of Genuine Parts in the 4th quarter valued at $28,000. Finally, Compass Planning Associates Inc acquired a new position in shares of Genuine Parts in the 4th quarter valued at $29,000. Institutional investors own 78.83% of the company’s stock.

Insider Buying and Selling

In other Genuine Parts news, Director Wendy B. Needham sold 1,608 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $120.78, for a total transaction of $194,214.24. Following the completion of the transaction, the director now owns 11,357 shares in the company, valued at $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 is available at this link. 0.37% of the stock is owned by company insiders.

Genuine Parts Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be given a dividend of $1.03 per share. The ex-dividend date is Friday, March 7th. This is an increase from Genuine Parts’s previous quarterly dividend of $1.00. This represents a $4.12 dividend on an annualized basis and a yield of 3.39%. Genuine Parts’s dividend payout ratio (DPR) is 61.82%.

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.