Mirae Asset Global Investments Co. Ltd. Has $4.06 Million Stake in Genuine Parts Company $GPC
by Jessica Moore · The Cerbat GemMirae Asset Global Investments Co. Ltd. raised its stake in Genuine Parts Company (NYSE:GPC – Free Report) by 16.7% in the fourth quarter, Holdings Channel reports. The fund owned 33,012 shares of the specialty retailer’s stock after purchasing an additional 4,716 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Genuine Parts were worth $4,059,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Community Bank N.A. acquired a new position in Genuine Parts during the 3rd quarter worth approximately $27,000. Olistico Wealth LLC bought a new position in Genuine Parts in the 4th quarter valued at approximately $25,000. Peoples Financial Services CORP. acquired a new stake in Genuine Parts in the third quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd boosted its position in Genuine Parts by 6,225.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 253 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 249 shares in the last quarter. Finally, Lodestone Wealth Management LLC bought a new stake in shares of Genuine Parts during the fourth quarter worth $32,000. 78.83% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on GPC. UBS Group lowered their price target on shares of Genuine Parts from $150.00 to $135.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Zacks Research lowered Genuine Parts from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 25th. Raymond James Financial raised Genuine Parts from a “market perform” rating to a “strong-buy” rating and set a $145.00 target price for the company in a report on Tuesday, February 24th. Truist Financial set a $127.00 target price on Genuine Parts and gave the company a “hold” rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Genuine Parts in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $145.57.
Check Out Our Latest Report on Genuine Parts
Trending Headlines about Genuine Parts
Here are the key news stories impacting Genuine Parts this week:
- Positive Sentiment: Q1 revenue beat and solid sales growth: revenue came in at $6.26 billion, up 6.8% year‑over‑year and above the analyst consensus cited by several outlets — a main driver of the upbeat market reaction. MarketBeat Q1 Coverage
- Positive Sentiment: Management called out operating discipline and delivered an EPS result broadly in line with expectations reported by some services, supporting near‑term confidence in cash flow and the dividend track record. PR Newswire: Q1 Results
- Neutral Sentiment: Company reaffirmed FY‑2026 guidance: EPS range of $7.50–$8.00 and revenue guidance of $25.0–$25.6 billion — largely consistent with consensus but not a material upward revision, so it stabilizes expectations rather than meaningfully raising them. PR Newswire: Guidance Details
- Negative Sentiment: Mixed EPS reads: while some outlets show EPS of $1.77 as a slight beat of $1.75 estimates, Zacks reported the result missed its $1.81 consensus — creating analyst headline noise that could cap the rally. Zacks: Q1 Miss Report
- Negative Sentiment: Technical/valuation context: the stock still trades below its 200‑day moving average and valuation metrics (P/E ≈15.3) mean further upside may require clearer earnings/growth beats or guidance raises. No link
Genuine Parts Trading Up 2.0%
Shares of NYSE GPC opened at $114.89 on Wednesday. The firm has a 50 day moving average price of $112.96 and a two-hundred day moving average price of $124.66. The stock has a market cap of $15.98 billion, a P/E ratio of 249.76 and a beta of 0.76. Genuine Parts Company has a 52-week low of $96.08 and a 52-week high of $151.57. 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 (NYSE:GPC – Get Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.02. Genuine Parts had a net margin of 0.27% and a return on equity of 22.28%. The company had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.17 billion. During the same quarter in the previous year, the business earned $1.75 earnings per share. Genuine Parts’s revenue was up 6.8% compared to the same quarter last year. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, equities analysts forecast that Genuine Parts Company will post 7.76 EPS for the current year.
Genuine Parts Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th were issued a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Friday, March 6th. This is a boost from Genuine Parts’s previous quarterly dividend of $1.03. Genuine Parts’s dividend payout ratio (DPR) is presently 923.91%.
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.
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