Standard Motor Products, Inc. (NYSE:SMP – Free Report) – Equities researchers at Zacks Research boosted their FY2025 earnings per share estimates for Standard Motor Products in a research report issued to clients and investors on Monday, January 27th. Zacks Research analyst L. Shahu now forecasts that the auto parts company will earn $3.43 per share for the year, up from their prior 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 released its quarterly earnings results on Wednesday, October 30th. The auto parts company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.19. Standard Motor Products had a net margin of 2.56% and a return on equity of 10.42%. The firm had revenue of $399.27 million during the quarter, compared to analysts’ expectations of $396.10 million. During the same period in the previous year, the company earned $1.11 EPS. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year.
Standard Motor Products Stock Down 1.1 %
Insiders Place Their Bets
In related news, VP Ray Nicholas sold 4,730 shares of the company’s stock in a transaction 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 transaction, the vice president now directly owns 46,385 shares of the company’s stock, valued at $1,582,192.35. This represents a 9.25 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Nathan R. Iles sold 1,485 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $34.97, for a total value of $51,930.45. Following the completion of the transaction, the chief financial officer now directly owns 29,015 shares in the company, valued at $1,014,654.55. This represents a 4.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,184 shares of company stock worth $387,041 in the last three months. Corporate insiders own 5.00% of the company’s stock.
Institutional Trading of Standard Motor Products
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its stake in shares of Standard Motor Products by 5.9% during the 3rd quarter. Geode Capital Management LLC now owns 485,299 shares of the auto parts company’s stock worth $16,115,000 after buying an additional 27,210 shares during the period. State Street Corp lifted its position in shares of Standard Motor Products by 2.6% in the third quarter. State Street Corp now owns 783,593 shares of the auto parts company’s stock valued at $26,015,000 after acquiring an additional 19,652 shares in the last quarter. Franklin Resources Inc. acquired a new stake in shares of Standard Motor Products in the third quarter worth approximately $3,876,000. Intech Investment Management LLC boosted its stake in shares of Standard Motor Products by 274.6% in the third quarter. Intech Investment Management LLC now owns 37,119 shares of the auto parts company’s stock worth $1,232,000 after acquiring an additional 27,210 shares during the last quarter. Finally, Rice Hall James & Associates LLC raised its stake in Standard Motor Products by 47.1% in the 3rd quarter. Rice Hall James & Associates LLC now owns 99,345 shares of the auto parts company’s stock valued at $3,298,000 after purchasing an additional 31,826 shares during the last quarter. Institutional investors and hedge funds own 81.26% of the company’s stock.
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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