SMP Standard Motor Products Inc.
Standard Motor Products, Inc. engages in the manufacture, distribution, and market of replacement parts for motor vehicles in the automotive aftermarket industry. It operates through the following segments: Engine Management and Temperature Control. The Engine Management segment produces and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems. The Temperature Control Segment manufactures and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories, and windshield washer system parts. The company was founded by Elias Fife and Ralph van Allen in 1919 and is headquartered in Long Island City, NY.
Company profile
Ticker
SMP
Exchange
Website
CEO
Eric Philip Sills
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Icahn Enterprises • Magna International • Adient • Aptiv • Lear • BorgWarner • Autoliv • Visteon • Allison Transmission • Dana ...
Former names
Standard Motor Products Inc
SEC CIK
Corporate docs
IRS number
111362020
SMP stock data
()
Calendar
30 Jul 20
11 Aug 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|
| Revenue | 247.94M | 254.3M | 241.25M | 307.72M | |
| Net income | 10.97M | 8.63M | 11.52M | 14.75M | |
| Diluted EPS | 0.48 | 0.38 | 0.5 | 0.65 | |
| Net profit margin | 4.42% | 3.39% | 4.77% | 4.79% | |
| Operating income | 16.02M | 14.32M | 17.51M | 31.3M | |
| Net change in cash | 9.24M | 2.9M | -2.89M | -4.16M | |
| Cash on hand | 22.51M | 13.27M | 10.37M | 13.26M | |
| Cost of revenue | 183.58M | 183.91M | 168.41M | 215.64M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 1.14B | 1.09B | 1.12B | 1.06B | |
| Net income | 57.92M | 43M | 37.98M | 60.43M | |
| Diluted EPS | 2.54 | 1.88 | 1.64 | 2.62 | |
| Net profit margin | 5.09% | 3.94% | 3.40% | 5.71% | |
| Operating income | 94.5M | 81.27M | 97.52M | 98.79M | |
| Net change in cash | -766K | -6.19M | -2.47M | 996K | |
| Cash on hand | 10.37M | 11.14M | 17.32M | 19.8M | |
| Cost of revenue | 806.11M | 779.26M | 789.49M | 736M |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 5 Aug 20 | Sills Peter J | Common Stock | Sell | Dispose S | No | 46.75 | 5,000 | 233.75K | 345,713 |
| 3 Aug 20 | Sills Arthur S | Common Stock | Sell | Dispose S | No | 46.15 | 10,000 | 461.5K | 331,010 |
| 21 Jul 20 | Sills Peter J | Common Stock | Sell | Dispose S | Yes | 40.76 | 6,586 | 268.45K | 759,954 |
| 30 Jun 20 | Sills Peter J | Common Stock | Sell | Dispose S | Yes | 40.86 | 6,586 | 269.1K | 766,540 |
| 9 Jun 20 | Sills Peter J | Common Stock | Sell | Dispose S | Yes | 42.82 | 6,586 | 282.01K | 773,126 |
Institutional ownership Q1 2020
79.9% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 152 |
| Opened positions | 17 |
| Closed positions | 18 |
| Increased positions | 64 |
| Reduced positions | 51 |
13F shares |
Current |
|---|---|
| Total value | 1.98B |
| Total shares | 17.85M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| BLK BlackRock | 3.21M | $133.37M |
| Dimensional Fund Advisors | 1.5M | $62.55M |
| FMR | 1.39M | $57.6M |
| Vanguard | 1.26M | $52.58M |
| Royce & Associates | 1.24M | $51.54M |
| STT State Street | 681.58K | $28.33M |
| NTRS Northern Trust | 615.58K | $25.59M |
| MCQEF Macquarie | 487.45K | $20.26M |
| Neumeier Poma Investment Counsel | 439.64K | $18.28M |
| Tributary Capital Management | 397.09K | $16.51M |
Financial report summary
?Competition
Dorman Products • Proliance International • Visteon • NGK Spark Plug • Denso • Delphi Technologies
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. sophomore Good
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New words:
add, Aid, assistance, begin, beginning, burden, clarifying, deferral, discretionary, ease, eased, enacted, enactment, entitled, Facilitation, fast, franchise, governor, investigating, July, law, lifting, mandate, mandated, month, Notwithstanding, opportunity, partly, paused, payroll, phased, priority, protect, protection, rebound, reform, regional, Relief, removing, repaid, reversed, sanitized, simplification, small, spending, taxable, technical, Topic, trend, unable, unemployment, usage, wage, welfare
Removed:
announced, compressor, decline, lifecycle, smaller
Financial reports
10-Q
2020 Q2
Quarterly report
30 Jul 20
10-Q
2020 Q1
Quarterly report
30 Apr 20
10-K
2019 FY
Annual report
20 Feb 20
10-Q
2019 Q3
Quarterly report
31 Oct 19
10-Q
2019 Q2
Quarterly report
30 Jul 19
10-Q
2019 Q1
Quarterly report
2 May 19
10-K
2018 FY
Annual report
20 Feb 19
10-Q
2018 Q3
Quarterly report
30 Oct 18
10-Q
2018 Q2
Quarterly report
31 Jul 18
10-Q
2018 Q1
Quarterly report
4 May 18
Current reports
8-K
Standard Motor Products, Inc. Announces Second Quarter 2020 Results
29 Jul 20
8-K
Submission of Matters to a Vote of Security Holders
20 May 20
8-K
Results of Operations and Financial Condition
29 Apr 20
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
16 Apr 20
8-K
Amendments to Articles of Incorporation or Bylaws
9 Apr 20
8-K
Standard Motor Products, Inc. Announces Fourth Quarter and 2019 Year-End Results
19 Feb 20
8-K
Standard Motor Products, Inc. Announces Third Quarter 2019 Results and a Quarterly Dividend
30 Oct 19
8-K
Departure of Directors or Certain Officers
19 Sep 19
8-K
Second Quarter 2019 Results and a Quarterly Dividend
25 Jul 19
8-K
Submission of Matters to a Vote of Security Holders
20 May 19
Registration and prospectus
S-8
Registration of securities for employees
19 May 16
S-8
Registration of securities for employees
19 May 11
424B2
Prospectus for primary offering
30 Oct 09
424B5
Prospectus supplement for primary offering
27 Oct 09
S-3/A
Shelf registration (amended)
5 Oct 09
S-3
Shelf registration
6 Aug 09
SC TO-I/A
Issuer tender offer statement (amended)
6 May 09
SC TO-I/A
Issuer tender offer statement (amended)
21 Apr 09
SC TO-I/A
Issuer tender offer statement (amended)
8 Apr 09
SC TO-I
Issuer tender offer statement
20 Mar 09
Proxies
DEFA14A
Additional proxy soliciting materials
13 May 20
DEF 14A
Definitive proxy
17 Apr 20
DEF 14A
Definitive proxy
16 Apr 19
DEF 14A
Definitive proxy
17 Apr 18
DEF 14A
Definitive proxy
18 Apr 17
DEF 14A
Definitive proxy
19 Apr 16
DEF 14A
Definitive proxy
14 Apr 15
DEF 14A
Definitive proxy
15 Apr 14
DEF 14A
Definitive proxy
16 Apr 13
DEF 14A
Definitive proxy
17 Apr 12
Other
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
30 May 19
SD
Conflict minerals disclosure
30 May 18
UPLOAD
Letter from SEC
25 Sep 17
CORRESP
Correspondence with SEC
13 Sep 17
UPLOAD
Letter from SEC
1 Sep 17
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
31 May 16
SD
Conflict minerals disclosure
1 Jun 15
SD
Conflict minerals disclosure
2 Jun 14
Ownership
4
STANDARD MOTOR PRODUCTS / PETER J SILLS ownership change
6 Aug 20
4
STANDARD MOTOR PRODUCTS / ARTHUR S SILLS ownership change
4 Aug 20
4
STANDARD MOTOR PRODUCTS / PETER J SILLS ownership change
22 Jul 20
4
STANDARD MOTOR PRODUCTS / PETER J SILLS ownership change
1 Jul 20
4
STANDARD MOTOR PRODUCTS / ARTHUR S SILLS ownership change
11 Jun 20
4
STANDARD MOTOR PRODUCTS / ROGER M WIDMANN ownership change
21 May 20
4
STANDARD MOTOR PRODUCTS / RICHARD S WARD ownership change
21 May 20
4
STANDARD MOTOR PRODUCTS / WILLIAM H TURNER ownership change
21 May 20
4
STANDARD MOTOR PRODUCTS / Alisa C. Norris ownership change
21 May 20
4
STANDARD MOTOR PRODUCTS / Joseph W. McDonnell ownership change
21 May 20