Stock events for Standard Motor Products, Inc. (SMP)
In the past six months, Standard Motor Products, Inc. (SMP) stock has seen an increase. SMP reported Q3 2025 earnings per share (EPS) that surpassed estimates, but quarterly revenue was slightly below estimates. The acquisition of Nissens Automotive significantly contributed to SMP's revenue and profitability in Q3 2025. The company declared a quarterly dividend. CEO Eric Sills sold shares of company stock. Roth Capital reaffirmed a "buy" rating, Zacks Research cut its rating to "hold", and Weiss Ratings reissued a "hold" rating.
Demand Seasonality affecting Standard Motor Products, Inc.’s stock price
Demand for Standard Motor Products, Inc.'s products and services exhibits seasonality, particularly within its Temperature Control segment, which is highly weather-dependent. The company typically undertakes a seasonal build for temperature control products in the second half of the year to prepare for anticipated demand. While the Temperature Control segment can experience fluctuations due to weather, the Vehicle Control segment has shown more consistent demand.
Overview of Standard Motor Products, Inc.’s business
Standard Motor Products, Inc. (SMP) is a leading independent manufacturer and distributor of premium replacement parts for motor vehicles in the automotive aftermarket, and a provider of custom-engineered solutions for vehicle and equipment manufacturers, operating within the Automotive sector and industry. SMP's major products encompass electronic ignition control modules, sensors, switches, valves, fuel system components, and anti-lock brake system parts under the Vehicle Control segment. The Temperature Control segment provides components for automotive air conditioning, heating, engine cooling systems, and windshield washer systems. The Engineered Solutions segment offers custom-designed products to vehicle and equipment manufacturers. Nissens, acquired in November 2024, supplies air conditioning, engine cooling, and emission control components for on- and off-highway vehicles in Europe.
SMP’s Geographic footprint
Standard Motor Products, Inc. has a global geographic presence, spanning North America, Europe, and Asia, with a focus on markets in the US, Canada, and Mexico, as well as other foreign countries. The company's headquarters are located in Long Island City, New York, USA. SMP operates 21 manufacturing facilities and 15 design and development centers, with nearly 70% of its manufacturing in North America. Distribution facilities are located across North America and Europe. The Nissens acquisition further expanded its global reach, with facilities across Europe, Canada, the United States, Mexico, and China.
SMP Corporate Image Assessment
Standard Motor Products, Inc. has maintained a positive brand reputation, particularly in corporate social responsibility, being recognized as one of America's Most Responsible Companies by Newsweek and Statista. SMP published its 2022 Corporate Sustainability Report, detailing its commitment to environmental and social responsibility. The company reported a reduction in greenhouse gas emissions and water usage. SMP has focused on enhancing diversity, equity, inclusion, and belonging programs, employee training, development, and retention, and prioritizing health and safety. SMP was also recognized in USA Today's Inaugural List of America's Climate Leaders.
Ownership
Standard Motor Products, Inc. (SMP) is primarily owned by institutional investors, followed by insiders and retail investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., and Dimensional Fund Advisors LP. Key individual owners (insiders) include Arthur S. Sills, Peter J. Sills, Lawrence I. Sills, and CEO Eric Sills.
Ask Our Expert AI Analyst
Price Chart
$39.36