GPC Stock Recent News

Genuine Parts Company NYSE: GPC is a Dividend King worth buying in 2025 because its stock is trading at long-term lows, the stock has value relative to peers, and the dividend is at the high end of the historical range. Trading near $120, this stock pays more than 3.0% and can be expected to continue growing its annual payout because of its business and financial health; it is good for long-term investment.

Buy and hold forever is a popular expression. Admittedly, forever is a long time.

Genuine Parts' dividend growth and strategic moves show promise, but market challenges and competition weigh on its performance.

We believe Advance Auto's withdrawal from key markets presents further sales opportunities for Genuine Parts. On a higher consideration, the aging car population and increased car complexity will be key winners in GPC's equity story. Valuation at a discount vs. its past, with a solid balance sheet and 69th consecutive year of increased DPS paid to shareholders. This is still a buy.

Genuine Parts Company reported expectedly subdued Q4 results, with Automotive results being pressured by industry weakness, but Industrial performance seeming to lag some encouraging economic signals. The 2025 guidance suggests a subdued Automotive sales performance, but an encouraging recovery in Industrial. Negatively, profitability is guided to continue declining despite restructuring savings. GPC stock prices in slow organic earnings growth, in line with my expectations.

Shares of Genuine Parts (GPC -2.12%) tumbled 3.3% through 11 a.m. ET Tuesday despite beating analyst targets for sales and earnings this morning.

Genuine Parts Company is a global leader in automotive and industrial replacement parts, operating in 17 countries with over 10,000 locations. The company is a dividend aristocrat, raising dividends for 68 years, with a 3.2% yield and a recent increase to $4.12 per share annually. Restructuring efforts are expected to save $200 million by 2026, supporting long-term growth despite short-term earnings contraction.

Genuine Parts Company (NYSE:GPC ) Q4 2024 Earnings Conference Call February 18, 2025 8:30 AM ET Company Participants Tim Walsh - Senior Director, IR Will Stengel - President and CEO Bert Nappier - EVP and CFO Conference Call Participants Scot Ciccarelli - Truist Chris Horvers - JPMorgan Greg Melich - Evercore ISI Michael Lasser - UBS Kate McShane - Goldman Sachs Seth Basham - Wedbush Securities Bret Jordan - Jefferies Operator Good morning, ladies and gentlemen. Welcome to the Genuine Parts Company Fourth Quarter 2024 Earnings Conference Call.

GPC reports better-than-expected fourth-quarter results and expects overall sales growth for 2025 in the range of 2-4% compared with growth of 1.6% in 2024.

The headline numbers for Genuine Parts (GPC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.