Zacks Research Forecasts Reduced Earnings for Genuine Parts

Genuine Parts (NYSE:GPC) – Investment analysts at Zacks Research decreased their Q1 2025 earnings per share estimates for shares of Genuine Parts in a research report issued on Tuesday, November 12th. Zacks Research analyst R. Department now forecasts that the specialty retailer will post earnings per share of $1.89 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 analysts have also recently weighed in on the stock. The Goldman Sachs Group dropped their price target on shares of Genuine Parts from $162.00 to $138.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Redburn Atlantic raised shares of Genuine Parts to a “hold” rating in a research report on Monday. Truist Financial dropped their price target on shares of Genuine Parts from $164.00 to $129.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. UBS Group dropped their price target on shares of Genuine Parts from $145.00 to $125.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Finally, StockNews.com cut shares of Genuine Parts from a “buy” rating to a “hold” rating in a research report on Wednesday, October 16th. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $139.57.

Genuine Parts Stock Performance

Shares of GPC opened at $123.87 on Thursday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 0.57. The stock has a 50-day moving average of $131.02 and a 200-day moving average of $138.84. The company has a market cap of $17.22 billion, a PE ratio of 15.94 and a beta of 0.92. Genuine Parts has a one year low of $112.74 and a one year high of $164.45.

Genuine Parts (NYSE:GPC) last issued its earnings results on Tuesday, October 22nd. The specialty retailer reported $1.88 EPS for the quarter, missing the consensus estimate of $2.42 by ($0.54). The firm had revenue of $6 billion during the quarter, compared to analyst estimates of $5.94 billion. Genuine Parts had a net margin of 4.67% and a return on equity of 27.23%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.49 earnings per share.

Genuine Parts Announces Dividend

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

Institutional Investors Weigh In On Genuine Parts

A number of hedge funds have recently modified their holdings of GPC. Ashton Thomas Securities LLC bought a new stake in shares of Genuine Parts in the 3rd quarter worth approximately $26,000. Capital Performance Advisors LLP bought a new stake in shares of Genuine Parts in the 3rd quarter worth approximately $31,000. Concord Wealth Partners raised its holdings in shares of Genuine Parts by 79.3% in the 3rd quarter. Concord Wealth Partners now owns 269 shares of the specialty retailer’s stock worth $38,000 after purchasing an additional 119 shares during the period. Triad Wealth Partners LLC bought a new stake in shares of Genuine Parts in the 2nd quarter worth approximately $40,000. Finally, Catalyst Capital Advisors LLC bought a new stake in shares of Genuine Parts in the 3rd quarter worth approximately $44,000. Institutional investors 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.