Genuine PartsGPC
Market Cap: $18.7B
About: Genuine Parts sells aftermarket automotive parts (about 60% of sales) and industrial products (40% of sales) in the United States and internationally. The automotive segment primarily acts as a distributor to its network of 9,800 global retail locations of which about two thirds are independently owned and operated. we estimate Genuine serves around 6,000 retail locations in the US operating under the Napa Auto Parts brand, with about 80% of sales derived from professional customers. Its industrial segment, primarily operating under the Motion banner in the United States, serves as a leading distributor of bearings, power transmission, and other industrial products to more than 200,000 maintenance, repair, and original equipment manufacturer clients.
Employees: 60,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
226% more call options, than puts
Call options by funds: $133M | Put options by funds: $40.9M
0.65% more ownership
Funds ownership: 79.55% [Q1] → 80.21% (+0.65%) [Q2]
0% more repeat investments, than reductions
Existing positions increased: 403 | Existing positions reduced: 402
2% less funds holding
Funds holding: 1,137 [Q1] → 1,112 (-25) [Q2]
10% less capital invested
Capital invested by funds: $17.1B [Q1] → $15.4B (-$1.72B) [Q2]
19% less first-time investments, than exits
New positions opened: 110 | Existing positions closed: 135
50% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 3 (-3) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Truist Securities Scot Ciccarelli 62% 1-year accuracy 56 / 90 met price target | 22%upside $164 | Buy Maintained | 28 Aug 2024 |
Wedbush Seth Basham 57% 1-year accuracy 47 / 82 met price target | 8%upside $145 | Neutral Maintained | 24 Jul 2024 |
Evercore ISI Group Greg Melich 84% 1-year accuracy 49 / 58 met price target | 10%upside $148 | In-Line Maintained | 24 Jul 2024 |
Goldman Sachs Kate McShane 66% 1-year accuracy 31 / 47 met price target | 21%upside $162 | Neutral Maintained | 24 Jul 2024 |
Truist Securities Scot Ciccarelli 62% 1-year accuracy 56 / 90 met price target | 22%upside $164 | Buy Maintained | 23 Jul 2024 |
Financial journalist opinion
Based on 6 articles about GPC published over the past 30 days