Ellsworth Advisors increased GPC holdings by 2.3% during Q2, while the company missed earnings and revenue estimates.
Ellsworth Advisors LLC increased its holdings in Genuine Parts (GPC) by 2.3% during Q2, now owning 31,778 shares. GPC reported $2.44 EPS, missing analyst estimates by $0.15, and $5.96B revenue, also missing consensus expectations. Despite missing estimates, GPC's stock price increased midday on July 23rd, and analysts remain neutral with a "Hold" rating and $161.14 average price target.
August 17, 2024
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