Truist Financial Issues Positive Forecast for Genuine Parts (NYSE:GPC) Stock Price

Genuine Parts (NYSE:GPC) had its target price hoisted by Truist Financial from $124.00 to $126.00 in a research report report published on Wednesday morning, MarketBeat reports. They currently have a hold rating on the specialty retailer’s stock.

A number of other research analysts have also weighed in on GPC. Zacks Research upgraded Genuine Parts from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Evercore reiterated an “outperform” rating on shares of Genuine Parts in a research report on Wednesday. DA Davidson boosted their price target on shares of Genuine Parts from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Genuine Parts in a report on Wednesday, June 24th. Finally, UBS Group restated a “neutral” rating and set a $122.00 price target on shares of Genuine Parts in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Genuine Parts presently has a consensus rating of “Moderate Buy” and an average target price of $146.88.

Genuine Parts Trading Up 1.4%

NYSE GPC opened at $120.74 on Wednesday. The company has a market capitalization of $16.62 billion, a PE ratio of 482.95 and a beta of 0.63. The company has a fifty day moving average of $109.40 and a 200 day moving average of $115.51. Genuine Parts has a 1 year low of $90.78 and a 1 year high of $151.57. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.16 and a quick ratio of 0.48.

Genuine Parts (NYSE:GPC) last issued its quarterly earnings data on Tuesday, July 21st. The specialty retailer reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.07. The business had revenue of $6.54 billion for the quarter, compared to analysts’ expectations of $6.43 billion. Genuine Parts had a net margin of 0.13% and a return on equity of 22.59%. The business’s revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the company earned $2.10 EPS. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. Research analysts forecast that Genuine Parts will post 7.69 earnings per share for the current year.

Genuine Parts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th were issued a $1.0625 dividend. This represents a $4.25 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, June 5th. Genuine Parts’s dividend payout ratio is 1,700.00%.

Insider Activity at Genuine Parts

In other news, insider James F. Howe sold 415 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $104.33, for a total value of $43,296.95. Following the sale, the insider directly owned 25,589 shares in the company, valued at $2,669,700.37. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Genuine Parts

Institutional investors and hedge funds have recently bought and sold shares of the stock. Investors Research Corp lifted its holdings in Genuine Parts by 50.5% in the 2nd quarter. Investors Research Corp now owns 596 shares of the specialty retailer’s stock valued at $70,000 after purchasing an additional 200 shares in the last quarter. Butensky & Cohen Financial Security Inc. raised its position in shares of Genuine Parts by 4.7% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 42,166 shares of the specialty retailer’s stock valued at $4,975,000 after buying an additional 1,907 shares during the last quarter. Tema ETFs LLC raised its position in shares of Genuine Parts by 8.3% in the second quarter. Tema ETFs LLC now owns 5,682 shares of the specialty retailer’s stock valued at $670,000 after buying an additional 435 shares during the last quarter. A&I Financial Services LLC purchased a new position in shares of Genuine Parts during the second quarter valued at approximately $857,000. Finally, Exchange Bank purchased a new position in shares of Genuine Parts during the second quarter valued at approximately $210,000. Hedge funds and other institutional investors own 78.83% of the company’s stock.

Key Headlines Impacting Genuine Parts

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

• Positive Sentiment: Genuine Parts beat Q2 earnings and revenue estimates, with strong sales growth in its industrial segment helping support the quarter. Genuine Parts Co (GPC) Q2 2026 Earnings Call Highlights
• Positive Sentiment: The company reaffirmed its 2026 adjusted EPS outlook of $7.50 to $8.00, signaling management confidence in the business despite a mixed macro backdrop. Genuine Parts Company Reports Second Quarter 2026 Results
• Neutral Sentiment: Truist raised its price target on GPC to $126 from $124 but kept a Hold rating, suggesting limited near-term conviction. Benzinga report on Truist price target
• Neutral Sentiment: Unusual call-option buying picked up, which can indicate rising trader interest, but it does not confirm a fundamental change in the business.
• Negative Sentiment: Management lowered full-year guidance for 2026 revenue and kept EPS guidance close to Street expectations, which may limit upside if results normalize. Genuine Parts Q2 sales up 6%, full-year EPS guidance lowered

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.