Assenagon Asset Management S.A. Reduces Holdings in Genuine Parts Company $GPC

Assenagon Asset Management S.A. decreased its position in shares of Genuine Parts Company (NYSE:GPC) by 93.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 58,788 shares of the specialty retailer’s stock after selling 809,425 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Genuine Parts were worth $7,229,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. raised its stake in Genuine Parts by 25.9% during the third quarter. Hantz Financial Services Inc. now owns 399 shares of the specialty retailer’s stock worth $55,000 after purchasing an additional 82 shares during the period. Wealthcare Advisory Partners LLC grew its stake in shares of Genuine Parts by 0.6% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 14,806 shares of the specialty retailer’s stock valued at $2,052,000 after buying an additional 83 shares during the period. Voya Financial Advisors Inc. increased its holdings in shares of Genuine Parts by 0.8% during the 3rd quarter. Voya Financial Advisors Inc. now owns 11,160 shares of the specialty retailer’s stock worth $1,554,000 after buying an additional 85 shares during the last quarter. Asset Dedication LLC raised its position in shares of Genuine Parts by 4.6% during the 3rd quarter. Asset Dedication LLC now owns 1,950 shares of the specialty retailer’s stock valued at $270,000 after buying an additional 86 shares during the period. Finally, Private Trust Co. NA raised its position in shares of Genuine Parts by 2.6% during the 3rd quarter. Private Trust Co. NA now owns 3,467 shares of the specialty retailer’s stock valued at $481,000 after buying an additional 87 shares during the period. 78.83% of the stock is currently owned by institutional investors.

Key Stories Impacting Genuine Parts

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

• Positive Sentiment: GPC remains part of the Dividend Kings group (long consecutive dividend increase streak), which supports interest from income-oriented investors and can provide a valuation floor during selloffs. Dividend Kings on the Brink
• Neutral Sentiment: Consensus and company context — Street consensus still points to roughly $7.90–8.00 FY EPS and GPC has recently given FY 2026 guidance in the ~7.50–8.00 EPS range; these longer-term numbers temper the near-term noise but make the stock sensitive to quarterly misses or guide-downs. GPC Market Overview
• Negative Sentiment: Zacks Research cut multiple quarterly and full-year EPS forecasts and downgraded GPC from “Hold” to “Strong Sell.” They lowered Q1–Q4 FY2027 estimates (Q1: 2.19→2.01; Q2: 2.22→2.06; Q3: 2.13→2.02; Q4: 2.08→1.96) and trimmed FY2027 (8.61→8.05) and FY2028 forecasts, citing weaker expected near-term results — the downgrade and estimate cuts are the primary driver of today’s downward pressure. Zacks Research Ticker Report

Genuine Parts Trading Down 0.3%

NYSE GPC opened at $105.00 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.46 and a current ratio of 1.08. The firm has a market cap of $14.61 billion, a price-to-earnings ratio of 228.26 and a beta of 0.75. The firm has a 50 day simple moving average of $124.12 and a 200-day simple moving average of $128.45. Genuine Parts Company has a one year low of $96.08 and a one year high of $151.57.

Genuine Parts (NYSE:GPC) last announced its earnings results on Tuesday, February 17th. The specialty retailer reported $1.55 earnings per share 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 business had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $6.06 billion. During the same period in the previous year, the company earned $1.61 earnings per share. Genuine Parts’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. Equities research analysts anticipate 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. Investors of record on Friday, March 6th will be paid a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Genuine Parts’s previous quarterly dividend of $1.03. Genuine Parts’s payout ratio is presently 923.91%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Evercore set a $160.00 price objective on Genuine Parts in a research report on Friday, February 20th. Truist Financial set a $127.00 price target on Genuine Parts and gave the company a “hold” rating in a research note on Wednesday, February 18th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a report on Monday, December 29th. UBS Group cut their price objective on Genuine Parts from $150.00 to $135.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Finally, Zacks Research lowered shares of Genuine Parts from a “hold” rating to a “strong sell” rating in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus 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.