JP Morgan Raises Genuine Parts (GPC) Price Target to $137
JP Morgan has reiterated its Overweight rating for Genuine Parts Company, setting a price target of $137, a 2.56% upside from the current price.
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JP Morgan raised its price target on Genuine Parts Company ($GPC) to $137 from $125 on October 12, 2026, and rates the stock "Overweight".
Since the rating, $GPC is up 3.4% to date (from the $129.62 close on Oct 12, 2026).
Key Points
- On October 12, 2026, JP Morgan reiterated its Overweight rating on Genuine Parts Company with a new price target of $137, up from $125.
- JP Morgan's $137 price target implies 2.56% upside from Genuine Parts Company's ($GPC) current $133.58 share price.
- The stock recently traded at $133.58, which is about 2.5% below the new target.
- Genuine Parts Company is set to report its next earnings on October 20, 2026, after posting a trailing twelve-month revenue of $25.1 billion.
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JP Morgan has reiterated its Overweight rating for Genuine Parts Company (NYSE: GPC) on October 12, 2026, raising its price target to $137 from a prior target of $125. This indicates a positive outlook for the company as it seeks to capitalize on its market position in the auto parts industry.
Other Institutional Activity in Genuine Parts Company
Blackrock Inc. grew its holdings by 100,687 shares, ending with 13,348,959 shares worth about $1.79 billion. State Street Corporation increased its stake by 271,483 shares, bringing its total to 7,628,741 shares valued at approximately $1.02 billion. Meanwhile, Vanguard Capital Management LLC slightly reduced its position by 2,697 shares, resulting in 8,988,882 shares worth about $1.20 billion.
Genuine Parts Company Stock Up 0.1%
Shares of Genuine Parts Company recently traded at $133.58 as of October 16, 2026. This price is about 2.5% below the newly set target of $137. The stock has shown resilience in the consumer cyclical sector, particularly in the auto parts industry, where demand remains strong.
$GPC price target
Genuine Parts Company daily closes and this analyst's $137 target. Not advice.
Recent Earnings
Genuine Parts Company reported a trailing twelve-month revenue of $25.1 billion, reflecting a year-over-year growth of 6%. The next earnings report is scheduled for October 20, 2026.
Insider Buying and Selling at Genuine Parts Company
Insider transactions show that James F. Howe, an officer at Genuine Parts Company, sold 1,648 shares on December 17, 2025, at an average price of $128.60, totaling about $211,933. Earlier in the year, he sold 1,392 shares at $104.09 on May 4, 2026, and 415 shares at $104.33 on May 5, 2026. Additionally, Christopher T. Galla, the General Counsel, sold 2,333 shares on June 26, 2026, at $115.00, valued at approximately $268,295.
Analysts Set New Price Targets
On October 12, 2026, JP Morgan maintained its Overweight rating on Genuine Parts Company with a price target of $137. Earlier, on July 6, 2026, DA Davidson maintained a Buy rating with a target of $150, while Truist Securities kept a Hold rating with a target of $126 on July 22, 2026. The consensus among analysts suggests a bullish outlook, with varying targets reflecting confidence in the company's performance.
About Genuine Parts Company
Genuine Parts Company distributes automotive and industrial replacement parts. It operates through three segments: North America Automotive Parts Group, International Automotive Parts Group, and Industrial Parts Group. The company focuses on providing parts and solutions for various vehicles, including hybrid and electric models, positioning itself well in a growing market.
Bottom Line
Investors should watch for the upcoming earnings report on October 20, 2026, which may provide further insights into the company's performance. Additionally, further analyst updates could shape market sentiment around Genuine Parts Company in the near term.
Source: JP Morgan's rating change on $GPC (Oct 12, 2026). Written by software, not financial advice. How we make alerts