standard motor products, inc., (smp) is a leading independent manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry, with an increasing focus on the original equipment and original equipment service markets. smp stock is publicly traded on the new york stock exchange (smp) where it has been listed since 1977. smp is organized into two major operating segments, each of which focuses on a specific line of replacement parts. engine management segment manufactures a full line of engine management related products. temperature control segment manufactures and remanufactures a full line of replacement parts for automotive air conditioning and heating systems. smp products are marketed throughout the u.s., canada, latin america, europe and asia through traditional as well as non-traditional channels.
![Standard Motor Products logo](https://files.capedge.com/DEF%2014A/0001140361-20-009170/image0.jpg)
Company profile
Ticker
SMP
Exchange
Website
CEO
Eric Sills
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Icahn Enterprises • Magna International • Aptiv • Adient • Lear • Autoliv • BorgWarner • Visteon • Dana • Allison Transmission ...
Former names
STANDARD MOTOR PRODUCTS INC
SEC CIK
Corporate docs
Subsidiaries
Foshan GWOYNG SMP Vehicle Climate Control & Cooling Products Co. Ltd. • KADE Trading GmbH • SMP Automotive de Mexico, S.A. de C.V. • SMP Engine Management de Mexico • SMP Four Seasons de Mexico • SMP Motor Products Limited • STABIL ELEKTROTECHNIK GmbH • STABIL PRODUKT Elektrotechnikai Kft. • STABIL VERBINDUNGSTECHNIK GmbH • Standard Motor Products de Mexico ...
IRS number
111362020
SMP stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
10 Jul 24
SD
Conflict minerals disclosure
31 May 24
8-K
Submission of Matters to a Vote of Security Holders
17 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
Standard Motor Products, Inc. Announces First Quarter 2024 Results and Quarterly Dividend
1 May 24
ARS
2023 FY
Annual report to shareholders
16 Apr 24
DEF 14A
Definitive proxy
16 Apr 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Results of Operations and Financial Condition
22 Feb 24
8-K
Standard Motor Products, Inc. Announces
5 Feb 24
Transcripts
SMP
Earnings call transcript
2024 Q1
1 May 24
SMP
Earnings call transcript
2023 Q4
22 Feb 24
SMP
Earnings call transcript
2023 Q3
27 Oct 23
SMP
Earnings call transcript
2023 Q2
2 Aug 23
SMP
Earnings call transcript
2023 Q2
2 Aug 23
SMP
Earnings call transcript
2023 Q1
3 May 23
SMP
Earnings call transcript
2022 Q4
22 Feb 23
SMP
Earnings call transcript
2022 Q3
28 Oct 22
SMP
Earnings call transcript
2022 Q2
5 Aug 22
SMP
Earnings call transcript
2022 Q1
3 May 22
Latest ownership filings
4
Alejandro C. Capparelli
17 May 24
4
Joseph W. McDonnell
17 May 24
4
Alisa C. Norris
17 May 24
4
Patrick McClymont
17 May 24
4
Pamela Forbes Lieberman
17 May 24
4
Pamela Puryear
17 May 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC
12 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
SC 13G/A
ROYCE & ASSOCIATES LP
30 Jan 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 27.11 mm | 27.11 mm | 27.11 mm | 27.11 mm | 27.11 mm | 27.11 mm |
Cash burn (monthly) | 1.80 mm | (no burn) | (no burn) | (no burn) | 15.24 mm | (no burn) |
Cash used (since last report) | 6.98 mm | n/a | n/a | n/a | 58.92 mm | n/a |
Cash remaining | 20.14 mm | n/a | n/a | n/a | -31.80 mm | n/a |
Runway (months of cash) | 11.2 | n/a | n/a | n/a | -2.1 | n/a |
Institutional ownership, Q1 2024
11.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 64 |
Opened positions | 49 |
Closed positions | 4 |
Increased positions | 6 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 79.40 bn |
Total shares | 2.59 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
William Blair Investment Management | 940.41 k | $31.55 bn |
BK Bank Of New York Mellon | 267.43 k | $8.97 bn |
HighTower Advisors | 149.96 k | $4.99 bn |
Foundry Partners | 138.52 k | $4.65 bn |
Assenagon Asset Management | 135.81 k | $4.56 bn |
PFG Principal Financial Group Inc - Registered Shares | 101.79 k | $3.41 bn |
Empowered Funds | 92.78 k | $3.11 bn |
Teacher Retirement System Of Texas | 80.23 k | $2.69 mm |
Rice Hall James & Associates | 72.18 k | $2.42 bn |
TD Asset Management | 70.90 k | $2.38 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 May 24 | Pamela Puryear | Common Stock | Grant | Acquire A | No | No | 0 | 3,034 | 0.00 | 9,336 |
16 May 24 | Lieberman Pamela Forbes | Common Stock | Grant | Acquire A | No | No | 0 | 3,034 | 0.00 | 52,406 |
16 May 24 | Patrick McClymont | Common Stock | Grant | Acquire A | No | No | 0 | 3,034 | 0.00 | 23,368 |
16 May 24 | Norris Alisa C. | Common Stock | Grant | Acquire A | No | No | 0 | 3,024 | 0.00 | 25,247 |
16 May 24 | McDonnell Joseph W. | Common Stock | Grant | Acquire A | No | No | 0 | 3,034 | 0.00 | 31,947 |
News
Standard Motor Products, To Acquire European Aftermarket Supplier Nissens Automotive; Company Says Purchase Price Of $388M Represents Approximately 7.5X EBITDA Multiple Inclusive Of Estimated Run-rate Cost Synergies
10 Jul 24
Roth MKM Reiterates Buy on Standard Motor Products, Maintains $42 Price Target
23 May 24
Standard Motor Products Q1 Adj $0.45 Beats $0.37 Estimate, Sales $331.40M Beat $321.84M Estimate
1 May 24
Press releases
Standard Motor Products, Inc. Certified as a Most Loved Workplace®
16 Jul 24
Standard Motor Products, Inc. to Acquire European Aftermarket Supplier Nissens Automotive
10 Jul 24
Standard Motor Products, Inc. Once Again Recognized as a Climate Leader
5 Jun 24
Standard Motor Products, Inc. Announces Release of its 2023 Corporate Sustainability Report
15 May 24
SMP's Trombetta® Awarded Waytek's Outstanding Growth Award for 2023
10 May 24