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Mitsubishi UFJ Asset Management Boosts Stake in Genuine Parts
Mitsubishi UFJ Asset Management Co. Ltd. has increased its stake in Genuine Parts Company (NYSE:GPC) by 4.8% during the third quarter of 2026, bringing its total holdings to 324,591 shares valued at approximately $44,988,000. This move suggests the institutional investor sees potential upside in the specialty retailer, which is a significant player in the automotive parts and industrial supplies distribution industry. The increased stake is detailed in its recent 13F filing with the SEC.