Genuine PartsGPC
Market Cap: 19.8B
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 over 200,000 maintenance, repair, and original equipment manufacturer clients.
Employees: 60,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
187% more call options, than puts
Call options by funds: $132M | Put options by funds: $46.1M
100% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2023] → 6 (+3) [Q1 2024]
11% more capital invested
Capital invested by funds: $15.1B [Q4 2023] → $16.8B (+$1.64B) [Q1 2024]
3% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 119
0% more funds holding
Funds holding: 1,114 [Q4 2023] → 1,118 (+4) [Q1 2024]
0% less repeat investments, than reductions
Existing positions increased: 399 | Existing positions reduced: 400
0.31% less ownership
Funds ownership: 78.28% [Q4 2023] → 77.97% (-0.31%) [Q1 2024]
Research analyst outlook
16 Wall Street Analysts provided 1 year price forecasts over the past 6 months
16 analyst ratings
Wedbush Seth Basham | 2%upside $145 | Neutral Maintained | 24 Jul 2024 |
Evercore ISI Group Greg Melich | 4%upside $148 | In-Line Maintained | 24 Jul 2024 |
Goldman Sachs Kate McShane | 14%upside $162 | Neutral Maintained | 24 Jul 2024 |
Truist Securities Scot Ciccarelli | 16%upside $164 | Buy Maintained | 23 Jul 2024 |
Evercore ISI Group Greg Melich | 9%upside $155 | In-Line Maintained | 16 Jul 2024 |
Financial journalist opinion
Based on 16 articles about GPC published over the past 30 days