Genuine Parts Company $GPC Shares Bought by Korea Investment CORP

Korea Investment CORP increased its stake in Genuine Parts Company (NYSE:GPC) by 15.0% during the third quarter, acquiring an additional 11,136 shares to own a total of 85,220 shares valued at $11.81 million. Other institutional investors also adjusted their positions, and the article details GPC’s recent financial performance, including its earnings miss, increased dividend, and current analyst ratings. The company is a global distributor of automotive replacement parts and industrial products.