Genuine Parts Company (GPC)

NYSE: GPC · IEX Real-Time Price · USD
152.84
-1.26 (-0.82%)
May 20, 2024, 9:30 AM EDT - Market open
-0.82%
Market Cap 21.30B
Revenue (ttm) 23.11B
Net Income (ttm) 1.26B
Shares Out 139.30M
EPS (ttm) 8.96
PE Ratio 17.06
Forward PE 15.10
Dividend $4.00 (2.62%)
Ex-Dividend Date Jun 7, 2024
Volume 14,210
Open 154.84
Previous Close 154.10
Day's Range 152.63 - 152.84
52-Week Range 126.35 - 170.57
Beta 0.95
Analysts Buy
Price Target 163.10 (+6.68%)
Earnings Date Apr 18, 2024

About GPC

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates in two segments: Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and equipment and parts used by repair shops, service stations, fleet operators, automobile and truck dealers, leasing companie... [Read more]

Industry Auto Parts
Founded 1928
Employees 60,000
Stock Exchange NYSE
Ticker Symbol GPC
Full Company Profile

Financial Performance

In 2023, GPC's revenue was $23.09 billion, an increase of 4.50% compared to the previous year's $22.10 billion. Earnings were $1.32 billion, an increase of 11.32%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for GPC stock is "Buy." The 12-month stock price forecast is $163.1, which is an increase of 6.68% from the latest price.

Price Target
$163.1
(6.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Genuine Parts Company Announces Acquisition of Largest NAPA Independent Store Owner in the U.S.

Advances Strategic Initiative to Own More Stores in Priority Markets ATLANTA, May 1, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial r...

19 days ago - PRNewsWire

Genuine Parts Company Announces Changes to the Board and Declares Regular Quarterly Dividend

ATLANTA , April 30, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced that its shareholders elected Mr. Cha...

20 days ago - PRNewsWire

Genuine Parts CEO Paul Donahue to be replaced by operations head

Automotive and industrial replacement parts provider Genuine Parts' CEO Paul Donahue will step down from his position and will assume the role of executive chairman, the company said in a statement on...

20 days ago - Reuters

Genuine Parts Company Announces CEO Leadership Transition

Paul Donahue to Transition to Executive Chairman  Will Stengel Appointed President and Chief Executive Officer ATLANTA, April 29, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading glob...

20 days ago - PRNewsWire

Genuine Parts Company Reports First Quarter 2024 Results and Updates Full-Year Outlook

Sales of $5.8 billion, Up 0.3% Diluted EPS of $1.78, Down 16.8% Adjusted Diluted EPS of $2.22, Up 3.7% Updates 2024 Outlook: Reaffirms Revenue Growth of 3% to 5%  Updates Adjusted Diluted EPS to $9.80...

4 weeks ago - PRNewsWire

Earnings setup: UnitedHealth, Johnson & Johnson, Genuine Parts, P&G, Taiwan Semi & American Express

The Investment Committee give you their earnings setup for next week.

Other symbols: AXPJNJPGTSMUNH
5 weeks ago - CNBC Television

Genuine Parts Company to Report First Quarter 2024 Results on April 18, 2024

ATLANTA, March 28, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release first quarter financial results...

7 weeks ago - PRNewsWire

Genuine Parts Company Announces Officer Promotion

James F. Howe Appointed President, Motion ATLANTA , March 21, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, annou...

2 months ago - PRNewsWire

Genuine Parts Company to Participate in Upcoming Investor Conferences

ATLANTA , Feb. 20, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that members of its leadership t...

3 months ago - PRNewsWire

Genuine Parts Company Reports Fourth Quarter and Full-Year 2023 Results

Declares Dividend Increase for 68th Consecutive Year Provides 2024 Outlook Fourth Quarter 2023 Highlights Sales of $5.6 billion, Up 1.1% Diluted EPS of $2.26, Up 27.7%, or Up 10.2% from Adjusted Dilut...

3 months ago - PRNewsWire

Genuine Parts Company to Report Fourth Quarter 2023 Results on February 15, 2024

ATLANTA , Jan. 25, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release fourth quarter and full-year fi...

4 months ago - PRNewsWire

15 Dividend Kings for Decades of Dividend Growth

Dividend Kings are the crème de la crème of dividend growers, and should be top of mind for any investor who puts income stability above all else.

Other symbols: AWRCINFCLDOVEMRHRLJNJ
5 months ago - Kiplinger

What Charlie Munger and Grandma Ruth taught this money manager. His portfolio is up 50% this year.

At the start of 2023 and following a tough year, Christopher Tsai, president and chief investment officer of Tsai Capital, didn't think technology would generate a 50% return for his $110 million port...

5 months ago - Market Watch

Genuine Parts Company Declares Regular Quarterly Dividend

ATLANTA , Nov. 14, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today its Board of Directors declared ...

6 months ago - PRNewsWire

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

7 months ago - Kiplinger

Genuine Parts Shares Sink After Sales Miss Estimates as US Auto Unit Underperforms

Genuine Parts (GPC) was the worst-performing stock in the S&P 500 on Thursday as shares fell over 12% after the automobile and industrial replacement parts dealer missed revenue estimates as its U.S. ...

7 months ago - Investopedia

Genuine Parts Stock Is Worst Performer in S&P 500 After Sales Miss

Third-quarter sales of $5.82 billion at the distributor of automotive and industrial replacements parts miss Wall Street forecasts.

7 months ago - Barrons

Genuine Parts Company Reports Third Quarter 2023 Results and Updates Full-Year Outlook

Sales of $5.8 billion, Up 2.6% Diluted EPS of $2.49, Up 13.2%, or Up 11.7% from Adjusted Diluted EPS in 2022 Updates 2023 Outlook: Reaffirms Revenue Growth of 4% to 6% Updates Diluted EPS to $9.20 to ...

7 months ago - PRNewsWire

Genuine Parts Company to Present at the Gabelli Funds 47th Annual Auto Symposium

ATLANTA , Oct. 10, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Paul Donahue, Chairman & CE...

7 months ago - PRNewsWire

Genuine Parts Company Releases 2023 Sustainability Report

ATLANTA , Oct. 2, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that it has published its 2023 Su...

8 months ago - PRNewsWire

Genuine Parts Company to Report Third Quarter 2023 Results on October 19, 2023

ATLANTA , Sept. 28, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release third quarter financial result...

8 months ago - PRNewsWire

NSK PRESENTED WITH MOTION'S SUPPLIER OF THE YEAR AWARD

ANN ARBOR, Mich. , Aug. 31, 2023 /PRNewswire/ -- Motion Industries, Inc., a leading distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology ...

9 months ago - PRNewsWire

Genuine Parts Company to Participate at the Goldman Sachs Global Retailing Conference

ATLANTA , Aug. 22, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Bert Nappier, EVP & CFO, wi...

9 months ago - PRNewsWire

Genuine Parts Company Announces Automotive Acquisition in Europe, Expanding Leadership Position in Spain

ATLANTA , Aug. 1, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today an acquisition for its European Automotive business. Effective July 31, 2023, Alliance Automotive Group (AAG), ...

10 months ago - PRNewsWire

Genuine Parts Company Reports Second Quarter 2023 Results And Raises Full Year Outlook

Record Sales of $5.9 billion, Up 5.6% Diluted EPS of $2.44, Down 6.9%, or Up 10.9% from Adjusted Diluted EPS in 2022 Updates 2023 Outlook: Reaffirms Revenue Growth of 4% to 6% Increases Diluted EPS to...

10 months ago - PRNewsWire