Old Port Advisors, Northside Capital Management, Revisor Wealth Management, Foster Victor Wealth Advisors, Swedbank AB, Farther Finance Advisors, Wealth Enhancement Advisory Services, Pallas Capital Advisors, International Private Wealth Advisors, Czech National Bank, MBB Public Markets, Butensky & Cohen Financial Security, Dynamic Technology Lab, NewEdge Advisors, Integrity Alliance, Maverick Capital, BNP Paribas Financial Markets, Nomura Holdings and UBS AM have all invested in, bought or increased their holdings in Genuine Parts Company (GPC). Elliott management and Goldman Sachs Group also have a stake in GPC. However, Wedge Capital Management, Voya Investment Management, Skandia, Pensionfund Sabic, Assenagon Asset Management, USS Investment Management, Wellington Management Group, and Amundi have reduced their GPC holdings.
GPC announced changes to its board including new appointments and a board refreshment program. The company set a regular quarterly dividend and maintained its earnings outlook for 2025, despite acknowledging the impact of tariffs. They are considering separating their auto and industrial businesses. Q1 and Q2 2025 earnings have been announced, beating expectations, and an updated FY25 outlook was issued. GPC is presenting at the Goldman Sachs retailing conference and has a 'Moderate Buy' rating from analysts.
Genuine Parts Company GPC News Analytics from Tue, 22 Oct 2024 07:00:00 GMT to Sat, 27 Sep 2025 08:43:59 GMT - Rating 3 - Innovation 2 - Information 1 - Rumor -1
