Zacks Research Forecasts Reduced Earnings for Genuine Parts

Genuine Parts (NYSE:GPC) – Equities research analysts at Zacks Research lowered their Q1 2025 EPS estimates for shares of Genuine Parts in a research report issued to clients and investors on Tuesday, November 12th. Zacks Research analyst R. Department now expects that the specialty retailer will post earnings of $1.89 per share for the quarter, down from their prior estimate 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.

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

Several other research firms have also recently weighed in on GPC. Evercore ISI upped their price target on shares of Genuine Parts from $155.00 to $160.00 and gave the stock an “in-line” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group cut their price target on shares of Genuine Parts from $162.00 to $138.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Truist Financial dropped their target price on shares of Genuine Parts from $164.00 to $129.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. JPMorgan Chase & Co. dropped 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, Wedbush lowered their price objective on shares of Genuine Parts from $145.00 to $120.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Genuine Parts presently has an average rating of “Hold” and a consensus price target of $139.57.

Genuine Parts Stock Up 0.2 %

GPC opened at $123.87 on Thursday. The firm has a market capitalization of $17.22 billion, a P/E 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. The company has a fifty day moving average price of $131.02 and a 200-day moving average price of $138.84. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 0.57.

Hedge Funds Weigh In On Genuine Parts

Institutional investors and hedge funds have recently made changes to their positions in the business. Ashton Thomas Securities LLC bought a new position in shares of Genuine Parts during the third quarter valued at approximately $26,000. Capital Performance Advisors LLP bought a new position in shares of Genuine Parts during the third quarter valued at approximately $31,000. Concord Wealth Partners increased its stake in shares of Genuine Parts by 79.3% during the third quarter. Concord Wealth Partners now owns 269 shares of the specialty retailer’s stock valued at $38,000 after purchasing an additional 119 shares in the last quarter. Triad Wealth Partners LLC bought a new position in shares of Genuine Parts during the second quarter valued at approximately $40,000. Finally, Catalyst Capital Advisors LLC bought a new position in shares of Genuine Parts during the third quarter valued at approximately $44,000. Institutional investors own 78.83% of the company’s stock.

Genuine Parts Dividend Announcement

The firm also recently announced 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. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date was Friday, September 6th. Genuine Parts’s dividend payout ratio is 51.48%.

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.