Genuine Parts Company (GPC) recently declared their
Q4 2024 and full year 2024 results, alongside their
strategic direction which will be revealed at an important UBS Conference. The auto parts giant has set a key date,
April 22, 2025, to report their Q1 2025 results. Several large investment funds such as
Bessemer Group and
Invesco have sizable positions in GPC, despite some sales of shares. The GPC stock has been inconsistent in its performance, experiencing bouts of underperformance against the S&P 500, witnessing a new 52-week low, but also displaying solid financials guiding the market on an uptrend.
Dividend investors should pay attention as the firm provides over 3% yield and is recognized as a 'Dividend King'. However, recent missed earnings estimates and a cut in profit guidance created downward pressure on the stock. It is noteworthy, GPC extended its credit facility to $2 billion and announced
officer changes. Despite market challenges, its long-term upside is still present. While the company appears undervalued, its slowing rates of return may leave little room for excitement.
Genuine Parts Company GPC News Analytics from Tue, 23 Jul 2024 07:00:00 GMT to Sat, 12 Apr 2025 11:15:12 GMT -
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