Genuine Parts stock trades at USD 129.61 as 2027 split advances

Published on 09/28/2026 at 13:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Genuine Parts stock is tied to a planned first-quarter 2027 separation. Second-quarter adjusted EPS reached USD 2.15 against USD 2.08 consensus.

Extreme Makro-Detailaufnahme einer Stahlzündkerze aus dem Kernsortiment von Genuine Parts Company — Genuine Parts Company Makroaufnahme einer Zündkerze zeigt Metalldetails des Kernsortiments, ISIN US3724601055, Illustration mit AI erstellt.

Genuine Parts stock (ISIN US3724601055) stood at USD 129.61 on the NYSE on September 28, 2026, up 0.27 percent on the session. The latest corporate milestone is a planned separation of the automotive and industrial businesses, with the transaction targeted for the first quarter of 2027.

Separation sets the central catalyst

According to Genuine Parts Company on September 9, 2026, Court Carruthers became CEO-elect of Genuine Parts, while Will Stengel is set to lead Motion, the future industrial company. The planned split would create two independent publicly traded companies, subject to customary conditions and regulatory steps.

The timetable now has a concrete checkpoint. The company scheduled the Genuine Parts investor day for December 8, 2026, and the Motion investor day for December 9, 2026, where management plans to outline the businesses' strategies and investment priorities.

Second-quarter figures beat consensus

According to MarketBeat on September 23, 2026, second-quarter adjusted EPS was USD 2.15, ahead of the USD 2.08 consensus estimate. Revenue reached USD 6.54 billion, up 6.00 percent from the prior-year quarter and above the USD 6.43 billion estimate.

Management's fiscal 2026 adjusted EPS guidance remains USD 7.50 to USD 8.00, according to the same September 23 report. That range gives investors a financial benchmark for judging whether the separation can advance alongside operational improvement.

Analyst target remains above the stock

MarketBeat reported a Moderate Buy consensus from nine research firms and an average 12-month price target of USD 147.86. The target lies 14.08 percent above the USD 129.61 reference price, while the range of published targets runs from USD 122.00 to USD 170.00.

The valuation context is demanding: MarketBeat listed a market capitalization of USD 17.9 billion and a 52-week range of USD 90.78 to USD 151.57 as of September 25, 2026. The stock therefore sat 14.49 percent below its 52-week high, leaving the planned separation and the next operating update as the key tests for the current assessment.

Genuine Parts stock stays below its yearly high

Genuine Parts stock stood at USD 129.61 on the NYSE on September 28, 2026. The company combines automotive and industrial replacement-parts distribution across more than 10,800 locations in 17 countries, according to its corporate profile.