Standard Motor Products Approves 2025 Incentive Plan

Standard Motor Products ( (SMP) ) has issued an announcement.

On May 15, 2025, Standard Motor Products, Inc. held its Annual Meeting of Shareholders, where the 2025 Omnibus Incentive Plan was approved. This plan, effective immediately, allows for various stock and cash-based awards, with a maximum of 1,050,000 shares available for issuance. Additionally, the shareholders elected eight directors, ratified KPMG LLP as the independent auditor for the fiscal year ending December 31, 2025, and approved a non-binding resolution on executive compensation.

The most recent analyst rating on (SMP) stock is a Buy with a $39.00 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 Outperform.

Standard Motor Products presents a stable financial outlook with robust revenue growth and efficient cost management. The stock’s valuation appears attractive, with low P/E and high dividend yield. Recent earnings call data supports a positive outlook, though technical indicators suggest caution due to potential overbought conditions.

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

More about Standard Motor Products

Standard Motor Products, Inc. operates in the automotive industry, focusing on manufacturing and distributing replacement parts for motor vehicles. The company offers a range of products including engine management and temperature control systems, serving both the aftermarket and original equipment markets.

Average Trading Volume: 219,206

Technical Sentiment Signal: Hold

Current Market Cap: $669.3M

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