Genuine Parts Stock Price, News & Analysis

Genuine Parts Company (NYSE: GPC), a global provider of automotive and industrial replacement parts and value-added solutions, has announced its participation in the 14th Annual UBS Global Consumer and Retail Conference. The company's presentation will feature President & CEO Will Stengel and EVP & CFO Bert Nappier, scheduled for Wednesday, March 12, 2025, at 9:00 a.m. ET.

The presentation will be accessible through a live webcast on the company's investor relations website, with a replay option available after the event.

Genuine Parts Company (GPC) reported its Q4 and full-year 2024 results, with Q4 sales reaching $5.8 billion, a 3.3% increase from the previous year. The company's full-year 2024 sales totaled $23.5 billion, up 1.7% from 2023.

Q4 net income was $133 million ($0.96 per diluted share), while adjusted net income was $224 million ($1.61 per diluted share). Full-year 2024 net income was $904 million ($6.47 per diluted share), with adjusted net income at $1.1 billion ($8.16 per diluted share).

For 2025, GPC provided guidance including: revenue growth of 2-4%, adjusted diluted EPS of $7.75-$8.25, and a 3% dividend increase marking the 69th consecutive year of dividend increases. The company generated $1.3 billion in operating cash flow and $684 million in free cash flow for 2024, returning $705 million to shareholders through dividends and share repurchases.

Genuine Parts Company (NYSE: GPC), a global provider of automotive and industrial replacement parts and value-added solutions, has announced it will release its fourth quarter and full-year 2024 financial results on February 18, 2025. The company will host a conference call at 8:30 a.m. ET following the release. Investors can access the webcast and supplemental earnings materials through the company's investor relations website or join via phone at 1-800-836-8184. A replay will be available on the website or by calling 1-888-660-6345 (ID 95562#) two hours after the call ends.

Ping Identity announced the winners of its eighth Identity Excellence Awards at the Ping YOUniverse conference, recognizing companies for outstanding achievements in digital identity security. Six major companies were honored across different categories:

DISH Network won Cloud Migration Champion for successful migration to PingOne Advanced Services, serving 46 million customers. Truckstop earned Fraud Reduction Champion for implementing multiple PingOne solutions. Western Union received Migration & Modernization Champion for PingOne implementation.

GPC was named End to End Champion for comprehensive identity management solutions deployment. United Airlines won Customer Experience Champion, while FedEx received Better Together Partner award for implementing Ping Advanced Identity Cloud to enhance customer experience and reduce costs.

Genuine Parts Company (NYSE: GPC), a global provider of automotive and industrial replacement parts, has announced a regular quarterly cash dividend of $1.00 per share on its common stock. The dividend will be paid on January 2, 2025 to shareholders of record as of December 6, 2024. This announcement comes from the company's Board of Directors as part of their regular dividend distribution program.

Genuine Parts Company (NYSE: GPC) reported its Q3 2024 results and revised its full-year outlook. Sales increased 2.5% to $6.0 billion, driven by a 3.2% benefit from acquisitions and a 0.1% favorable impact of foreign currency, partially offset by a 0.8% decrease in comparable sales. Net income was $227 million, or $1.62 per diluted share, compared to $351 million, or $2.49 per diluted share in the prior year period. Adjusted diluted EPS was $1.88.

The company revised its 2024 outlook, now projecting revenue growth of 1% to 2% (down from 1% to 3%) and adjusted diluted EPS of $8.00 to $8.20 (down from $9.30 to $9.50). The revision is primarily due to continued weakness in market conditions in Europe and the Industrial business.

Genuine Parts Company (NYSE: GPC), a global service provider of automotive and industrial replacement parts, has announced that its top executives will be presenting at the Gabelli Funds 48th Annual Automotive Symposium. The presentation is scheduled for Tuesday, November 5, 2024, at 2:00 p.m. ET.

Will Stengel, President & CEO, and Bert Nappier, EVP & CFO, will represent the company at this event. Investors and interested parties can access the live webcast of the presentation through the company's investor relations website. For those unable to attend the live event, a replay of the webcast will be made available after the presentation concludes.

Genuine Parts Company (NYSE: GPC), a global service provider of automotive and industrial replacement parts, has announced its plans to release third quarter 2024 financial results on October 22, 2024. Following the release, the company will host a conference call at 8:30 a.m. ET to discuss the results.

Investors and interested parties can access the webcast and supplemental earnings materials on the company's investor relations website. Additionally, the call will be available via phone by dialing 1-800-836-8184. For those unable to attend the live call, a replay will be available on the company's website or by calling 1-888-660-6345 (ID 72988#) two hours after the conference call concludes.

Genuine Parts Company (NYSE: GPC), a global service provider of automotive and industrial replacement parts, has announced a regular quarterly cash dividend of $1.00 per share on its common stock. The dividend will be payable on October 1, 2024 to shareholders of record as of September 6, 2024. This announcement demonstrates GPC's commitment to returning value to its shareholders and maintaining a consistent dividend policy.