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Standard Motor Products ( (SMP) ) has provided an update.
On February 2, 2026, Standard Motor Products, Inc. announced that its Board of Directors approved an increase in the company’s quarterly common stock dividend from $0.31 to $0.33 per share, with the higher dividend to be paid on March 2, 2026 to shareholders of record as of February 16, 2026. The dividend hike underscores the company’s ongoing commitment to returning capital to shareholders and signals confidence in its financial position and cash-generation capabilities within the automotive parts sector.
The most recent analyst rating on (SMP) stock is a Buy with a $49.00 price target. To see the full list of analyst forecasts on Standard Motor Products stock, see the SMP Stock Forecast page.
Spark’s Take on SMP Stock
According to Spark, TipRanks’ AI Analyst, SMP is a Neutral.
Standard Motor Products’ overall score reflects a strong earnings call performance and stable financials, offset by bearish technical indicators and a relatively high valuation. The company’s growth prospects are promising, driven by acquisitions and strategic initiatives, but technical analysis suggests caution in the short term.
To see Spark’s full report on SMP stock, click here.
More about Standard Motor Products
Standard Motor Products, Inc. (NYSE: SMP) is a leading automotive parts manufacturer and distributor based in New York, supplying components to the automotive industry and related aftermarket customers.
Average Trading Volume: 144,585
Technical Sentiment Signal: Buy
Current Market Cap: $878.4M
Find detailed analytics on SMP stock on TipRanks’ Stock Analysis page.