Genuine Parts Company (GPC)

In the first quarter of 2025, GPC reported a slight increase in net sales to $5.9 billion, a 1.4% rise compared to the same period in the prior year, driven by acquisitions, though partially offset by a decrease in comparable sales and unfavorable impact of foreign currency. Net income for Q1 2025 decreased to $194 million, or $1.40 per diluted earnings per share. GPC is implementing a global restructuring plan aimed at streamlining operations and reducing costs, which is expected to generate $100-$125 million in additional savings in 2025 and $200 million annualized in 2026. The company's stock price experienced a 52-week low of $104.01 on April 9, 2025, and closed at $139.73 as of October 3, 2025.

Demand for automotive and industrial parts generally exhibits seasonal trends. The automotive industry typically experiences peak demand in the spring and fall, influenced by factors such as tax refunds, improved weather, and the introduction of new car models. Sales tend to be lowest in January, February, and early March, as well as during the middle of summer due to holidays. Specific product demand can also vary seasonally, with winter seeing increased demand for items like snow tires and battery replacements, while summer drives higher sales for cooling systems and air filters.

Genuine Parts Company (GPC), established in 1928 and headquartered in Atlanta, Georgia, is a global service provider specializing in the distribution of automotive and industrial replacement parts and value-added solutions. It operates through two main segments: the Automotive Parts Group, featuring brands like NAPA Auto Parts and Repco, and the Industrial Parts Group, operating through its subsidiary, Motion Industries (now Motion). The Automotive Parts Group distributes replacement parts, accessories, and solutions for various vehicles, while the Industrial Parts Group provides industrial replacement parts and related supplies to MRO customers and OEMs across diverse industries.

Genuine Parts Company has a significant global presence, with over 10,700 locations across 17 countries. The Automotive Parts Group operates across the U.S., Canada, Mexico, Australasia, and several European countries. The Industrial Parts Group serves customers in the U.S., Canada, Mexico, and Australasia.

Genuine Parts Company benefits from strong brand recognition, particularly through its NAPA Auto Parts stores, contributing to its established market presence and competitive advantage. The brand has a reputation for quality and reliability, fostering a loyal customer base. Approximately 80% of GPC's end-market sales come from professional customers, indicating trust in its products and services. In March 2025, the company selected Google Cloud to support its business transformation and improve customer experience.

Genuine Parts Company's stock ownership is a mix of institutional, retail, and individual investors. Institutional investors hold a significant portion, with approximately 69.15% to 82% of the company's stock. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual investors, including retail investors and insiders, own a smaller percentage, with insiders collectively owning less than 1% of the company.