Genuine Parts stock holds near $137.15 after value call
Published on 09/04/2026 at 17:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Genuine Parts stock (US3724601055) closed at about $137.15 on September 3, 2026, with a market capitalization of about $18.972 billion. In a second-quarter 2026 investor letter, Gabelli highlighted the Atlanta-based distributor of automotive and industrial replacement parts and pointed to a separation plan for its industrial and global automotive businesses.
Value case and separation plan
Gabelli said Genuine Parts is splitting its Industrial and Global Automotive businesses into two independently traded companies, a move it believes could unlock shareholder value and sharpen strategic focus. The same letter said the Global Automotive unit has about 80 percent exposure to the professional repair channel.
The 52-week range stood at $90.78 to $151.57, and the stock closed September 3, 2026, near the upper half of that band. MarketWatch also showed a 1-month return of 0.68 percent in the same stock note.
Numbers behind the stock
MarketWatch listed a day range of $134.38 to $138.81, a market cap of $18.91 billion, and a beta of 0.70. It also showed a dividend of $1.06 and a yield of 3.09 percent, with an ex-dividend date of September 4, 2026.
That combination matters for investors because it puts the valuation story, income stream, and split plan in the same frame. The stock was down 11.92 percent year to date on the quote page, even after the recent rebound around the $137 area.
Genuine Parts split plan and repair demand
The latest investor-letter note ties the stock to the planned separation and to the companys exposure to the repair channel.
Auto parts and industrial split
Genuine Parts distributes automotive and industrial replacement parts through Automotive Parts Group, Industrial Parts Group, and Corporate. The company is headquartered in Atlanta and trades on the NYSE under GPC.
Stock near the range
As of September 3, 2026, the stock traded at $137.15 on MarketWatch, after an after-hours close at $137.62. The 52-week range was $90.78 to $151.57.
Genuine Parts at a glance
- Company: Genuine Parts Co.
- ISIN: US3724601055
- Ticker: GPC
- Trading venue: NYSE
- Price (as of September 3, 2026): USD 137.15
- Market capitalization: USD 18.91 billion (as of September 4, 2026)
- Sector / Industry: Consumer Discretionary / Automotive Retail
- Index membership: S&P 500
