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Genuine Parts Company Announces Cooperation Agreement with Elliott

Story Highlights
  • Genuine Parts Company appointed two new directors as part of a board refreshment program.
  • The company approved retention awards and a Severance Agreement for key executives to ensure continuity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Genuine Parts Company Announces Cooperation Agreement with Elliott

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An update from Genuine Parts Company ( (GPC) ) is now available.

On September 4, 2025, Genuine Parts Company announced a Cooperation Agreement with Elliott Investment Management, leading to the appointment of two new independent directors, Matthew A. Carey and Court D. Carruthers, to its Board. This strategic move is part of the company’s ongoing board refreshment program aimed at enhancing operational performance and shareholder value. Concurrently, the company announced the retirement of long-serving directors John R. Holder and Robin C. Loudermilk, Jr. Additionally, retention awards and a new Severance Agreement were approved for key executives to ensure continuity during organizational changes. These developments reflect Genuine Parts Company’s commitment to advancing its long-term growth objectives and responding to shareholder interests.

The most recent analyst rating on (GPC) stock is a Buy with a $148.00 price target. To see the full list of analyst forecasts on Genuine Parts Company stock, see the GPC Stock Forecast page.

Spark’s Take on GPC Stock

According to Spark, TipRanks’ AI Analyst, GPC is a Outperform.

Genuine Parts Company scores a 72, driven by solid financial performance and positive technical indicators. The company’s strategic initiatives and dividend policy are strengths, but challenges such as high valuation, cost pressures, and market uncertainties weigh on the outlook. The earnings call highlighted both achievements and risks, suggesting a balanced but cautious approach moving forward.

To see Spark’s full report on GPC stock, click here.

More about Genuine Parts Company

Genuine Parts Company, established in 1928, is a leading global service provider of automotive and industrial replacement parts and value-added solutions. The company operates through its Automotive Parts Group and Industrial Parts Group, serving customers across 17 countries, including the U.S., Canada, Mexico, and several European and Australasian nations.

Average Trading Volume: 1,114,223

Technical Sentiment Signal: Strong Buy

Current Market Cap: $18.92B

For a thorough assessment of GPC stock, go to TipRanks’ Stock Analysis page.

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