Category: Markets
Published: 2026-06-20T07:49:05.000Z
The Employees Provident Fund Board has established a new position in Genuine Parts Company (NYSE:GPC), acquiring 220,000 shares valued at approximately $27.1 million in Q4. This move follows Genuine Parts' better-than-expected quarterly earnings, where the company reported an EPS of $1.77 and revenue of $6.26 billion, alongside a declared quarterly dividend of $1.0625 per share. Analysts generally rate GPC as a "Moderate Buy" with an average target price of $143.88.
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