University of Texas Texas AM Investment Management Co. Purchases Shares of 5,955 Genuine Parts Company $GPC

by · The Cerbat Gem

University of Texas Texas AM Investment Management Co. acquired a new position in Genuine Parts Company (NYSE:GPCFree Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 5,955 shares of the specialty retailer’s stock, valued at approximately $732,000.

Several other large investors have also bought and sold shares of GPC. Community Bank N.A. bought a new stake in shares of Genuine Parts during the third quarter valued at approximately $27,000. Olistico Wealth LLC bought a new position in Genuine Parts in the 4th quarter valued at approximately $25,000. WPG Advisers LLC boosted its stake in Genuine Parts by 213.0% during the 4th quarter. WPG Advisers LLC now owns 241 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 164 shares during the last quarter. Motiv8 Investments LLC bought a new stake in shares of Genuine Parts in the 4th quarter worth $31,000. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in shares of Genuine Parts by 6,225.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 253 shares of the specialty retailer’s stock valued at $35,000 after purchasing an additional 249 shares in the last quarter. 78.83% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Genuine Parts news, insider James F. Howe sold 415 shares of Genuine Parts stock in a transaction 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 approximately $2,669,700.37. The trade was a 1.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.13% of the company’s stock.

Genuine Parts Price Performance

NYSE:GPC opened at $104.79 on Tuesday. The business’s 50-day simple moving average is $102.93 and its two-hundred day simple moving average is $117.19. Genuine Parts Company has a 52 week low of $90.78 and a 52 week high of $151.57. The stock has a market cap of $14.42 billion, a PE ratio of 243.70 and a beta of 0.67. The company has a quick ratio of 0.48, a current ratio of 1.09 and a debt-to-equity ratio of 0.77.

Genuine Parts (NYSE:GPCGet Free Report) last released its 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. Genuine Parts had a return on equity of 22.28% and a net margin of 0.24%.The firm had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $6.17 billion. During the same quarter last year, the business posted $1.75 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. Genuine Parts has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, analysts forecast that Genuine Parts Company will post 7.67 EPS for the current fiscal year.

Genuine Parts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 5th will be given a dividend of $1.0625 per share. The ex-dividend date is Friday, June 5th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 4.1%. Genuine Parts’s dividend payout ratio is currently 988.37%.

Analysts Set New Price Targets

Several research firms recently commented on GPC. DA Davidson set a $145.00 price objective on Genuine Parts in a report on Monday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genuine Parts in a research note on Friday, March 27th. Truist Financial lowered their target price on Genuine Parts from $127.00 to $124.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. UBS Group decreased their price target on shares of Genuine Parts from $135.00 to $125.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Finally, Zacks Research raised Genuine Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Genuine Parts has a consensus rating of “Moderate Buy” and a consensus target price of $143.88.

View Our Latest Report on Genuine Parts

Genuine Parts Profile

(Free Report)

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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