Genuine Parts Q4 sales slightly miss estimates, plans business split

Genuine Parts

17/02/2026 12:03

Overview

Automotive and industrial parts provider's Q4 sales slightly missed analyst expectations

Adjusted EPS for Q4 missed analyst expectations

Company plans to separate automotive and industrial businesses into two public companies

Outlook

Company expects 2026 total sales growth of 3% to 5.5%

Genuine Parts projects 2026 EPS between $6.10 and $6.60

Company plans to separate automotive and industrial businesses into two public companies

Result Drivers

COMPARABLE SALES - Q4 sales growth driven by a 1.7% increase in comparable sales and acquisitions

NON-RECURRING CHARGES - Gross profit impacted by $160 mln in non-recurring charges related to vendor bankruptcy

INDUSTRIAL SEGMENT - Industrial sales up 4.6% due to 3.4% increase in comparable sales and acquisitions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Miss*
$6.009 bln
$6.06 bln (9 Analysts)
Q4 Adjusted EPS
Miss
$1.55
$1.82 (9 Analysts)
Q4 EPS
-$4.39
Q4 Net Income
-$609.50 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Genuine Parts Co is $145.00, about 1.5% below its February 13 closing price of $147.16

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nPn73vgPwa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)