Sefer Chasidim Siman 460
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נכרים שקוראים לבניהם בשם אביהם אין בכך כלום והיהודים מקפידים על כך ויש מקומות שאין קורין אחר שמות החיים אלא אחר שכבר מתו:
Sefaria Community Translation
Gentiles who name their children after their fathers - it is not objectionable. However Jewish people take care not to do so. And there are places where they don't name their children after those who are alive rather they give them names of those who already passed away.