Standard Motor Products, Inc. (NYSE:SMP – Free Report) – Zacks Research lifted their FY2025 earnings per share estimates for Standard Motor Products in a report released on Monday, January 27th. Zacks Research analyst L. Shahu now expects that the auto parts company will post earnings of $3.43 per share for the year, up from their previous estimate of $3.42. The consensus estimate for Standard Motor Products’ current full-year earnings is $3.08 per share. Zacks Research also issued estimates for Standard Motor Products’ Q2 2026 earnings at $1.00 EPS.
Standard Motor Products (NYSE:SMP – Get Free Report) last announced its earnings results on Wednesday, October 30th. The auto parts company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.19. The company had revenue of $399.27 million for the quarter, compared to analysts’ expectations of $396.10 million. Standard Motor Products had a net margin of 2.56% and a return on equity of 10.42%. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.11 EPS.
Read Our Latest Research Report on SMP
Standard Motor Products Stock Performance
NYSE:SMP opened at $31.21 on Thursday. The company has a market cap of $677.86 million, a P/E ratio of 19.26 and a beta of 0.52. Standard Motor Products has a twelve month low of $26.09 and a twelve month high of $41.71. The company’s 50-day moving average price is $31.85 and its 200-day moving average price is $31.87. The company has a current ratio of 2.25, a quick ratio of 0.82 and a debt-to-equity ratio of 0.21.
Hedge Funds Weigh In On Standard Motor Products
A number of hedge funds have recently modified their holdings of SMP. Public Sector Pension Investment Board raised its holdings in Standard Motor Products by 6.5% in the 2nd quarter. Public Sector Pension Investment Board now owns 41,305 shares of the auto parts company’s stock valued at $1,145,000 after buying an additional 2,524 shares during the period. Bank of Montreal Can purchased a new stake in shares of Standard Motor Products in the 2nd quarter valued at approximately $1,029,000. AQR Capital Management LLC lifted its holdings in shares of Standard Motor Products by 7.2% in the 2nd quarter. AQR Capital Management LLC now owns 144,266 shares of the auto parts company’s stock worth $4,000,000 after acquiring an additional 9,665 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Standard Motor Products by 11.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,546 shares of the auto parts company’s stock worth $237,000 after purchasing an additional 908 shares during the period. Finally, Central Pacific Bank Trust Division acquired a new stake in Standard Motor Products in the 3rd quarter valued at approximately $83,000. 81.26% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, VP Ray Nicholas sold 4,730 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $34.11, for a total value of $161,340.30. Following the completion of the transaction, the vice president now directly owns 46,385 shares in the company, valued at approximately $1,582,192.35. This represents a 9.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Carmine Joseph Broccole sold 913 shares of Standard Motor Products stock in a transaction on Monday, November 11th. The shares were sold at an average price of $34.96, for a total value of $31,918.48. Following the completion of the sale, the insider now owns 81,241 shares in the company, valued at $2,840,185.36. This represents a 1.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,184 shares of company stock valued at $387,041 in the last three months. 5.00% of the stock is currently owned by insiders.
Standard Motor Products Company Profile
Standard Motor Products, Inc manufactures and distributes replacement automotive parts in the United States and internationally. The company operates through three segments: Vehicle Control, Temperature Control, and Engineered Solutions segments. The company provides components for the ignition, emissions, and fuel delivery systems, such as air injection and induction components, air management valves, regulators and solenoids, exhaust gas recirculation components, fuel injectors and related components, fuel valves, ignition coils, connectors and sockets, modules, pumps, relays and fuses, starting and charging system parts, and vapor and purge components.
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