Genuine Parts (NYSE:GPC) Price Target Cut to $124.00 by Analysts at Truist Financial

Genuine Parts (NYSE:GPC) had its price objective lowered by Truist Financial from $127.00 to $124.00 in a research note released on Wednesday,Benzinga reports. Truist Financial currently has a hold rating on the specialty retailer’s stock.

A number of other analysts have also weighed in on GPC. Zacks Research lowered shares of Genuine Parts from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 25th. Raymond James Financial upgraded shares of Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 target price on the stock in a research report on Tuesday, February 24th. Evercore set a $160.00 target price on shares of Genuine Parts in a research report on Friday, February 20th. UBS Group cut their target price on shares of Genuine Parts from $150.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Genuine Parts in a research report on Friday, March 27th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $143.71.

Genuine Parts Stock Performance

NYSE GPC opened at $111.73 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 0.46 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $15.54 billion, a price-to-earnings ratio of 259.84 and a beta of 0.76. The firm’s 50 day simple moving average is $112.21 and its 200 day simple moving average is $124.57. Genuine Parts has a 1 year low of $96.08 and a 1 year high of $151.57.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.02. The business had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.17 billion. Genuine Parts had a net margin of 0.24% and a return on equity of 22.28%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $1.75 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, research analysts expect that Genuine Parts will post 7.76 earnings per share for the current fiscal year.

Genuine Parts Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Friday, March 6th were issued a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from Genuine Parts’s previous quarterly dividend of $1.03. The ex-dividend date was Friday, March 6th. Genuine Parts’s dividend payout ratio (DPR) is presently 923.91%.

Hedge Funds Weigh In On Genuine Parts

A number of hedge funds have recently modified their holdings of the business. Patton Fund Management Inc. lifted its holdings in shares of Genuine Parts by 11.9% during the first quarter. Patton Fund Management Inc. now owns 1,990 shares of the specialty retailer’s stock worth $210,000 after purchasing an additional 212 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Genuine Parts by 110.3% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 12,776 shares of the specialty retailer’s stock worth $1,351,000 after purchasing an additional 6,700 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of Genuine Parts by 5.6% during the first quarter. Janney Montgomery Scott LLC now owns 306,164 shares of the specialty retailer’s stock worth $32,377,000 after purchasing an additional 16,333 shares during the period. Cornerstone Wealth Group LLC lifted its holdings in shares of Genuine Parts by 5.2% during the first quarter. Cornerstone Wealth Group LLC now owns 31,503 shares of the specialty retailer’s stock worth $3,623,000 after purchasing an additional 1,557 shares during the period. Finally, River Street Advisors LLC acquired a new position in shares of Genuine Parts during the first quarter worth $211,000. Institutional investors and hedge funds own 78.83% of the company’s stock.

Key Stories Impacting Genuine Parts

Here are the key news stories impacting Genuine Parts this week:

• Positive Sentiment: Q1 results showed modest upside vs. some consensus figures — EPS $1.77 and revenue $6.26B, with management calling out solid sales growth and operating discipline; the company reaffirmed its full‑year outlook, which supports the longer‑term thesis. Genuine Parts Company Reports First Quarter 2026 Results and Reaffirms Full-Year Outlook
• Neutral Sentiment: Management set FY‑2026 EPS guidance of $7.50–$8.00 and revenue guidance of $25.0–25.6B — roughly in line with consensus but slightly below the midpoint, leaving room for interpretation on upside vs. downside. GPC Slide Deck / Press Release
• Neutral Sentiment: Investors had access to the earnings call transcript and presentation for more color on segment performance and working capital — useful for assessing whether guidance is conservative or at risk. Earnings Call Transcript
• Negative Sentiment: UBS cut its price target from $135 to $125 and moved to a “neutral” rating, putting downward pressure by narrowing the gap to current levels. UBS Lowers Price Target
• Negative Sentiment: Truist trimmed its target from $127 to $124 and kept a “hold” stance, another analyst action that can weigh on sentiment and volume. Truist Lowers Target
• Negative Sentiment: Some outlets (e.g., Zacks) flagged that GPC’s EPS missed their internal consensus ($1.77 vs. $1.81), which creates mixed headlines and reinforces short‑term uncertainty. Zacks: Q1 Earnings Miss

Genuine Parts Company Profile

Genuine Parts Company (NYSE: GPC) is a global distributor of automotive replacement parts, industrial parts and business products with a history dating back to 1928. Headquartered in Atlanta, Georgia, the company operates a broad distribution network and retail presence serving repair shops, independent retailers, industrial customers and commercial accounts. Its business model centers on stocking and delivering a wide range of parts and supplies to support aftermarket and maintenance needs across multiple end markets.

Genuine Parts conducts its operations through several well-known operating groups and subsidiaries.