Genuine Parts Shock Separation Plan Creates Once-in-a-Decade Opportunity

Genuine Parts Shock Separation Plan Creates Once-in-a-Decade Opportunity

Quick Read Genuine Parts (GPC) plans to separate into two independent companies (NAPA automotive and Motion industrial) by Q1 2027. Genuine Parts reported a $609M net loss driven by $825M in one-time charges including pension settlements and vendor bankruptcy. Genuine Parts raised its dividend for the 70th consecutive year despite adjusted EPS falling to $7.37 from $8.16. You can earn up to $1,500 in cash bonuses just for moving your savings…

Genuine Parts to split into industrial and auto businesses; sees weak FY26 profit

The separation into two publicly traded companies – Automotive Parts Group and Industrial Parts Group – follows a settlement last year with shareholder Elliott.

Genuine Parts to Split Automotive and Industrial Businesses

The decision comes at a volatile time for the automotive business, which is grappling with high costs, economic uncertainty and affordability challenges for consumers.

Genuine Parts to Split Into Separate Auto, Industrial Businesses

Genuine Parts Co. will split into two publicly traded companies following a review of options for its automotive and industrial business lines.

Genuine Parts: Q4 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Genuine Parts Co. (GPC) on Tuesday reported a loss of $609.5 million in its fourth quarter.