Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. The company distributes automotive replacement parts for imported vehicles, hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and accessory and supply items used by various automotive aftermarket customers, such as repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, industrial concerns, and individuals. It also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation and robotics, hoses, hydraulic and pneumatic components, industrial and safety supplies, and material handling products for original equipment manufacturer, as well as maintenance, repair, and operation customers in equipment and machinery, food and beverage, forest product, primary metal, pulp and paper, mining, automotive, oil and gas, petrochemical, pharmaceutical, power generation, alternative energy, governments, transportation, ports, and other industries. In addition, the company provides various services and repairs comprising gearbox and fluid power and process pump assembly and repair, hydraulic drive shaft repair, electrical panel assembly and repair, hose and gasket manufacture and assembly, and other value-added services. It operates in in the United States, Canada, France, the United Kingdom, Germany, Poland, the Netherlands, Belgium, Australia, New Zealand, Mexico, Indonesia, and Singapore. The company was incorporated in 1928 and is headquartered in Atlanta, Georgia.
IPO Year:
Exchange: NYSE
Website: genpt.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/12/2023 | $160.00 | Neutral | UBS |
| 6/28/2023 | $195.00 | Buy | Northcoast |
| 6/1/2023 | $185.00 → $189.00 | Neutral → Buy | BofA Securities |
| 5/2/2023 | $163.00 → $164.00 | Sell → Neutral | Goldman |
| 3/24/2023 | $186.00 | Hold → Buy | Truist |
| 12/12/2022 | $124.00 → $147.00 | Neutral → Sell | Goldman |
| 5/10/2022 | $133.00 | Underperform → Neutral | BofA Securities |
| 1/13/2022 | $142.00 | Hold | Truist Securities |
| 10/22/2021 | $130.00 → $141.00 | Equal-Weight | Stephens & Co. |
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 global distributor of automotive and industrial replacement parts, announced today that Paul D. Donahue will transition from chairman and CEO to executive chairman, effective June 3, 2024. At that time, William P. Stengel, II, currently president and COO, will succeed Mr. Donahue as president and CEO of GPC and will serve as a member of the board of directors. "The board is confident t
Darren Rebelez Named to Board of Directors ATLANTA , June 1, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) announced today that its Board of Directors appointed Darren Rebelez as a new independent director of the company. Mr. Rebelez is the President and Chief Executive Officer of Casey's General Stores, Inc. (NASDAQ:CASY), the third largest convenience retailer and fifth largest pizza chain in the United States, where he is responsible for the company's overall strategic plan and operating success. Previously, he served in executive roles at IHOP Restaurants, 7-Eleven
Kevin Herron to Retire as President, U.S. Automotive GroupRandy Breaux Promoted to Group President, GPC North America ATLANTA, May 23, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) announced that Kevin Herron, President, U.S. Automotive Group (USAG) will retire at the end of 2023 after a distinguished 34-year career with the company. The company also announced Randy Breaux's promotion from President, Motion to the newly created role of Group President, GPC North America, effective July 1, 2023. Mr. Herron will serve in an advisory role until his retirement to assist in an orderly and seamless transition.
SINGAPORE, Sept. 30, 2021 /PRNewswire/ -- ABM Respiratory Care, a medical technology company focused on developing and globally commercializing novel integrated airway clearance and ventilation solutions, announced today the appointment of Amy Salzhauer and Greg Miller to the company's Board of Directors. Ms. Salzhauer currently serves as a Founder and Managing Partner at Good Growth Capital (GGC), an early-stage venture capital firm known for its exceptional expertise in finding, cultivating, and assessing complex science and technology start-ups based in Charleston, SC and Boston, MA. Mr. Miller recently retired as Executive Vice President and Chief Information Officer of Genuine Parts C
ATLANTA, Jan. 14, 2021 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today that its Board of Directors has appointed William P. Stengel to the position of President of Genuine Parts Company. Mr. Stengel, 43, was previously Executive Vice President and Chief Transformation Officer of the Company and becomes only the eighth President in the Company's 93-year history. He will continue to report to Paul Donahue, Chairman and Chief Executive Officer. Mr. Donahue stated, "Will is an exceptional talent, and his proven leadership and relevant experience make him an excellent choice as the Company's next President. His promotion is also a reflection of our board and management's ong
ATLANTA, Nov. 19, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its Board of Directors declared a regular quarterly cash dividend of one dollar ($1.00) per share on the company's common stock. The dividend is payable on January 2, 2025 to shareholders of record on December 6, 2024. About Genuine Parts CompanyEstablished in 1928, Genuine Parts Company is a leading global service provider of automotive and industrial replacement parts and value-ad
GREENWICH, Conn., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
GREENWICH, Conn., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
Sales of $6.0 billionDiluted EPS of $1.62Adjusted Diluted EPS of $1.88Revises 2024 Outlook:Revenue Growth of 1% to 2% from 1% to 3%Adjusted Diluted EPS of $8.00 to $8.20 from $9.30 to $9.50ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its results for the third quarter ended September 30, 2024. "I would like to thank our global GPC teammates for their hard work in serving our customers during the third quarter," said Will Stengel
ATLANTA, Oct. 15, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today that Will Stengel, President & CEO, and Bert Nappier, EVP & CFO, will present at the Gabelli Funds 48th Annual Automotive Symposium at 2:00 p.m. ET on Tuesday, November 5, 2024. The presentation will be webcast live on the company's investor relations website. A replay of the webcast will be available after the event. About Genuine Parts CompanyEstablished in 1928, Genuine Parts Comp
GREENWICH, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
ATLANTA, Oct. 1, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release third quarter financial results on October 22, 2024. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 72988#, two hours after completion of the conference call.
ATLANTA, Aug. 20, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its Board of Directors declared a regular quarterly cash dividend of one dollar ($1.00) per share on the company's common stock. The dividend is payable on October 1, 2024 to shareholders of record on September 6, 2024. About Genuine Parts CompanyEstablished in 1928, Genuine Parts Company is a leading global service provider of automotive and industrial replacement parts and value-ad
Jenn Hulett Appointed Executive Vice President and Chief People Officer ATLANTA, Aug. 19, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today that Jenn Hulett joined GPC as Executive Vice President and Chief People Officer, effective August 19, 2024. Jim Neill, who previously announced his retirement from GPC, will continue to serve in an advisory role through September 30, 2024 to support Ms. Hulett during the transition. In her new role, Ms. Hulett w
ATLANTA, Aug. 15, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today that Will Stengel, President & CEO, and Bert Nappier, EVP & CFO, will present at the Goldman Sachs 31st Annual Global Retailing Conference at 1:10 p.m. ET on Thursday, September 5, 2024. The presentation will be webcast live on the company's investor relations website. A replay of the webcast will be available after the event. About Genuine Parts CompanyEstablished in 1928, Genuine P
4/A - GENUINE PARTS CO (0000040987) (Issuer)
4 - GENUINE PARTS CO (0000040987) (Issuer)
Wedbush analyst Seth Basham maintains Genuine Parts (NYSE:GPC) with a Neutral and lowers the price target from $170 to $145.
Evercore ISI Group analyst Greg Melich maintains Genuine Parts (NYSE:GPC) with a In-Line and lowers the price target from $150 to $148.
Goldman Sachs analyst Kate McShane maintains Genuine Parts (NYSE:GPC) with a Neutral and lowers the price target from $166 to $162.
5 analysts have expressed a variety of opinions on Genuine Parts (NYSE:GPC) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 4 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 3 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Genuine Parts, presenting an average target of $158.8, a high estimate of $165.00, and a low estimate of $150.00. This curren
Truist Securities analyst Scot Ciccarelli maintains Genuine Parts (NYSE:GPC) with a Buy and lowers the price target from $183 to $164.
Genuine Parts Co (NYSE:GPC) shares are trading lower after the company reported worse-than-expected second-quarter FY24 earnings and a grim outlook. The company reported second-quarter sales growth of 0.8% year-on-year to $5.963 billion, missing the analyst consensus estimate of $6.047 billion. The company attributed the sales growth to a 2.2% benefit from acquisitions, partially offset by a 0.9% decrease in comparable sales. Automotive Parts Group sales grew 2% Y/Y. This segment’s profit margin contracted 60 basis points to 8.4%. Sales for the Industrial Parts Group declined 1.1%, and the segment’s profit margin contracted 10 basis points to 12.4%. Adjusted EPS of $2.44 misse
Genuine Parts (NYSE:GPC) reported quarterly earnings of $2.44 per share which missed the analyst consensus estimate of $2.59 by 5.79 percent. The company reported quarterly sales of $5.963 billion which missed the analyst consensus estimate of $6.047 billion by 1.39 percent. This is a 0.81 percent increase over sales of $5.915 billion the same period last year.
Evercore ISI Group analyst Greg Melich maintains Genuine Parts (NYSE:GPC) with a In-Line and lowers the price target from $160 to $155.
8-K - GENUINE PARTS CO (0000040987) (Filer)
10-Q - GENUINE PARTS CO (0000040987) (Filer)
8-K - GENUINE PARTS CO (0000040987) (Filer)
8-K - GENUINE PARTS CO (0000040987) (Filer)
8-K - GENUINE PARTS CO (0000040987) (Filer)
424B5 - GENUINE PARTS CO (0000040987) (Filer)
FWP - GENUINE PARTS CO (0000040987) (Subject)
424B5 - GENUINE PARTS CO (0000040987) (Filer)
10-Q - GENUINE PARTS CO (0000040987) (Filer)
8-K - GENUINE PARTS CO (0000040987) (Filer)
4/A - GENUINE PARTS CO (0000040987) (Issuer)
4 - GENUINE PARTS CO (0000040987) (Issuer)
4 - GENUINE PARTS CO (0000040987) (Issuer)
4 - GENUINE PARTS CO (0000040987) (Issuer)
4 - GENUINE PARTS CO (0000040987) (Issuer)
4 - GENUINE PARTS CO (0000040987) (Issuer)
4 - GENUINE PARTS CO (0000040987) (Issuer)
4 - GENUINE PARTS CO (0000040987) (Issuer)
4 - GENUINE PARTS CO (0000040987) (Issuer)
4 - GENUINE PARTS CO (0000040987) (Issuer)
SC 13G/A - GENUINE PARTS CO (0000040987) (Subject)
SC 13G/A - GENUINE PARTS CO (0000040987) (Subject)
SC 13G/A - GENUINE PARTS CO (0000040987) (Subject)
SC 13G/A - GENUINE PARTS CO (0000040987) (Subject)
ATLANTA, Nov. 19, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its Board of Directors declared a regular quarterly cash dividend of one dollar ($1.00) per share on the company's common stock. The dividend is payable on January 2, 2025 to shareholders of record on December 6, 2024. About Genuine Parts CompanyEstablished in 1928, Genuine Parts Company is a leading global service provider of automotive and industrial replacement parts and value-ad
Sales of $6.0 billionDiluted EPS of $1.62Adjusted Diluted EPS of $1.88Revises 2024 Outlook:Revenue Growth of 1% to 2% from 1% to 3%Adjusted Diluted EPS of $8.00 to $8.20 from $9.30 to $9.50ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its results for the third quarter ended September 30, 2024. "I would like to thank our global GPC teammates for their hard work in serving our customers during the third quarter," said Will Stengel
ATLANTA, Oct. 1, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release third quarter financial results on October 22, 2024. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 72988#, two hours after completion of the conference call.
ATLANTA, Aug. 20, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its Board of Directors declared a regular quarterly cash dividend of one dollar ($1.00) per share on the company's common stock. The dividend is payable on October 1, 2024 to shareholders of record on September 6, 2024. About Genuine Parts CompanyEstablished in 1928, Genuine Parts Company is a leading global service provider of automotive and industrial replacement parts and value-ad
Sales of $6.0 billion, Up 0.8%Diluted EPS of $2.11, Down 13.5%Adjusted Diluted EPS of $2.44, In-line with Prior YearRevises 2024 Outlook: Revenue Growth of 1% to 3% from 3% to 5%Adjusted Diluted EPS of $9.30 to $9.50 from $9.80 to $9.95ATLANTA, July 23, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global distributor of automotive and industrial replacement parts, announced today its results for the second quarter ended June 30, 2024. "I want to thank each of our global GPC teammates for their hard work and dedication to serving our customers," said Will Ste
ATLANTA, July 2, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global distributor of automotive and industrial replacement parts, plans to release second quarter financial results on July 23, 2024. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 93997#, two hours after completion of the conference call.
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. Charles "Chuck" K. Stevens as a new director of the company. Additionally, Mr. E. Jenner Wood has retired as a director. Mr. Stevens held the position of executive vice president and chief financial officer of General Motors Company from 2014 to 2018. Prior to that role, he held a variety of leadership positions within General Motors Company's finance team. "We want to extend our since
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 to $9.95 from $9.70 to $9.90ATLANTA, April 18, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today its results for the first quarter ended March 31, 2024. "Our performance in the quarter highlights the value of our business mix paired with our geographic diversity as our teams delivered
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 on April 18, 2024. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 28852#, two hours after completion of the conference call.
Declares Dividend Increase for 68th Consecutive YearProvides 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 Diluted EPS in 2022Full-Year 2023 Highlights Sales of $23.1 billion, Up 4.5%Diluted EPS of $9.33, Up 12.3%, or Up 11.9% from Adjusted Diluted EPS in 2022Cash from Operations of $1.4 billion; Free Cash Flow of $923 millionReturned $788 million to Shareholders via Cash Dividends and Share Repurchases2024 Outlook Revenue Growth of 3% to 5%Adjusted Diluted EPS of $9.70 to $9.90ATLANTA , Feb. 15, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industria
UBS initiated coverage of Genuine Parts with a rating of Neutral and set a new price target of $160.00
Northcoast initiated coverage of Genuine Parts with a rating of Buy and set a new price target of $195.00
BofA Securities upgraded Genuine Parts from Neutral to Buy and set a new price target of $189.00 from $185.00 previously
Goldman upgraded Genuine Parts from Sell to Neutral and set a new price target of $164.00 from $163.00 previously
Truist upgraded Genuine Parts from Hold to Buy and set a new price target of $186.00
Goldman downgraded Genuine Parts from Neutral to Sell and set a new price target of $147.00 from $124.00 previously
BofA Securities upgraded Genuine Parts from Underperform to Neutral and set a new price target of $133.00
Truist Securities initiated coverage of Genuine Parts with a rating of Hold and set a new price target of $142.00
Stephens & Co. reiterated coverage of Genuine Parts with a rating of Equal-Weight and set a new price target of $141.00 from $130.00 previously
Goldman upgraded Genuine Parts from Sell to Neutral and set a new price target of $125.00