Standard Motor ProductsSMP
Market Cap: $680M
About: Standard Motor Products Inc is a manufacturer and distributor of premium automotive parts used in the maintenance, service, and repair of vehicles in the automotive aftermarket industry. It operates into three business segments namely Engineered Solutions, Vehicle Control, and Temperature Control. The company focuses on the original equipment and original equipment services markets, with a product lineup of replacement parts for engine management ignition, emission, and fuel systems, as well as temperature-control products. The company operates majorly in the United States, with additional sales in Canada, Europe, Asia, Mexico, and other Latin American countries.
Employees: 5,200
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
2% more funds holding
Funds holding: 150 [Q1] → 153 (+3) [Q2]
2% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 54
0.9% less ownership
Funds ownership: 80.9% [Q1] → 80.0% (-0.9%) [Q2]
19% less capital invested
Capital invested by funds: $595M [Q1] → $484M (-$111M) [Q2]
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Research analyst outlook
We haven’t received any recent analyst ratings for SMP.