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

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

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

February 18, 2016 2:10 PM EST

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

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

February 17, 2016 9:31 AM EST

Jefferies reiterated a Buy rating on Genuine Parts (NYSE: GPC), and raised the price target to $105.00 (from $100.00), following the company's 4Q earnings report. Given solid demand drivers, company owned, NAPA appears poised for mid-single digit growth in '16 while EBIT margin expansion likely... More