Dimensional Fund Advisors LP Acquires 25,595 Shares of Genuine Parts Company $GPC

Dimensional Fund Advisors LP increased its holdings in shares of Genuine Parts Company (NYSE:GPC) by 1.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,860,554 shares of the specialty retailer’s stock after acquiring an additional 25,595 shares during the period. Dimensional Fund Advisors LP owned about 1.34% of Genuine Parts worth $257,878,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Peoples Financial Services CORP. acquired a new position in Genuine Parts in the third quarter worth about $29,000. Golden State Wealth Management LLC boosted its holdings in Genuine Parts by 8,833.3% during the second quarter. Golden State Wealth Management LLC now owns 268 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 265 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of Genuine Parts by 7,825.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 317 shares of the specialty retailer’s stock valued at $38,000 after purchasing an additional 313 shares during the period. CYBER HORNET ETFs LLC bought a new stake in shares of Genuine Parts in the 2nd quarter valued at approximately $44,000. Finally, Deseret Mutual Benefit Administrators raised its holdings in shares of Genuine Parts by 40.0% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 350 shares of the specialty retailer’s stock worth $49,000 after buying an additional 100 shares in the last quarter. Institutional investors own 78.83% of the company’s stock.

Genuine Parts Stock Performance

Shares of NYSE:GPC opened at $115.73 on Friday. The business has a fifty day moving average of $131.06 and a 200-day moving average of $132.10. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.46 and a current ratio of 1.08. Genuine Parts Company has a twelve month low of $104.01 and a twelve month high of $151.57. The firm has a market cap of $16.10 billion, a PE ratio of 251.59 and a beta of 0.75.

Genuine Parts (NYSE:GPC) last issued its quarterly earnings results on Tuesday, February 17th. The specialty retailer reported $1.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.24). Genuine Parts had a return on equity of 22.28% and a net margin of 0.27%.The company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.06 billion. During the same quarter last year, the company earned $1.61 EPS. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. On average, equities research analysts predict that Genuine Parts Company will post 7.9 EPS for the current fiscal year.

Genuine Parts Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Friday, March 6th will be given a dividend of $1.0625 per share. The ex-dividend date is Friday, March 6th. This is a positive change from Genuine Parts’s previous quarterly dividend of $1.03. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.7%. Genuine Parts’s dividend payout ratio (DPR) is currently 895.65%.

Wall Street Analyst Weigh In

Several research firms recently commented on GPC. The Goldman Sachs Group upgraded Genuine Parts from a “sell” rating to a “neutral” rating and raised their target price for the stock from $130.00 to $142.00 in a research report on Thursday, November 13th. UBS Group lowered their price target on Genuine Parts from $150.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Raymond James Financial upgraded Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 price objective for the company in a research note on Tuesday, February 24th. Evercore set a $160.00 price objective on Genuine Parts in a report on Friday, February 20th. Finally, Truist Financial set a $127.00 target price on shares of Genuine Parts and gave the company a “hold” rating in a research note on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $145.57.

Genuine Parts 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.