Jefferies Raises Price Target on Genuine Parts (GPC) as NAPA Appears Poised for Growth

Sterne Agee CRT Remains Bullish on Genuine Parts (GPC); Says Headwinds are 'Transitory'

Sterne Agee CRT maintained a Buy rating on Genuine Parts (NYSE: GPC), and cut the price target to $100.00 (from $105.00), following the company's 4Q. Sterne Agee CRT expects unfavorable FX and industrial softness to persist, but views these headwinds as transitory, and forecast improved results... More

Wedbush Downgrades Genuine Parts (GPC) to Neutral

Wedbush downgraded Genuine Parts (NYSE: GPC) from Outperform to Neutral with a price target of $91.00 (from $93.00).

Analyst Seth Basham commented, "GPC delivered a low-quality beat in 4Q15 and issued 2016 guidance shy of consensus expectations. That set of facts was enough to push GPC shares... More

Genuine Parts (GPC) Tops Q4 EPS by 5c

Genuine Parts (NYSE: GPC) reported Q4 EPS of $1.07, $0.05 better than the analyst estimate of $1.02. Revenue for the quarter came in at $3.68 billion versus the consensus estimate of $3.76 billion.

For earnings history and earnings-related data on Genuine Parts (GPC) click here.

Genuine Parts (GPC) Raises Quarterly Dividend 6.9% to $0.6575; 3% Yield

Genuine Parts (NYSE: GPC) declared a quarterly dividend of $0.6575 per share, or $2.63 annualized. This is a 6.9% increase from the prior dividend of $0.615.

The dividend will be payable on April 1, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016.

The annual yield on the dividend is 3 percent.

enuine Parts Company also announced today that its Board of Directors has elected two new corporate officers. Scott W. LeProhon was named Executive Vice President of Global Procurement and Gregory N. Miller was named Senior Vice President and Chief Information Officer.... More