Fluent Financial LLC Buys Shares of 158,466 Advance Auto Parts, Inc. $AAP

Fluent Financial LLC bought a new stake in Advance Auto Parts, Inc. (NYSE:AAP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 158,466 shares of the company’s stock, valued at approximately $6,228,000. Advance Auto Parts makes up approximately 2.4% of Fluent Financial LLC’s investment portfolio, making the stock its 14th largest position. Fluent Financial LLC owned approximately 0.26% of Advance Auto Parts as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Exchange Traded Concepts LLC raised its position in Advance Auto Parts by 16.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 15,179 shares of the company’s stock valued at $597,000 after buying an additional 2,160 shares during the period. Moody National Bank Trust Division boosted its position in Advance Auto Parts by 4.0% during the 4th quarter. Moody National Bank Trust Division now owns 25,984 shares of the company’s stock worth $1,021,000 after acquiring an additional 1,009 shares during the period. SG Americas Securities LLC boosted its position in Advance Auto Parts by 8.4% during the 4th quarter. SG Americas Securities LLC now owns 39,711 shares of the company’s stock worth $1,561,000 after acquiring an additional 3,077 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in Advance Auto Parts by 9.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,240 shares of the company’s stock valued at $382,000 after acquiring an additional 771 shares in the last quarter. Finally, Capital Square LLC grew its stake in Advance Auto Parts by 9.6% during the 3rd quarter. Capital Square LLC now owns 7,965 shares of the company’s stock valued at $489,000 after acquiring an additional 700 shares in the last quarter. Institutional investors and hedge funds own 88.70% of the company’s stock.

Advance Auto Parts Trading Down 0.5%

Shares of NYSE AAP opened at $51.60 on Friday. The business has a 50 day simple moving average of $51.78 and a 200 day simple moving average of $51.10. Advance Auto Parts, Inc. has a 52 week low of $28.89 and a 52 week high of $70.00. The stock has a market cap of $3.10 billion, a price-to-earnings ratio of 70.68, a PEG ratio of 0.69 and a beta of 1.11. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.87 and a current ratio of 1.75.

Advance Auto Parts (NYSE:AAP) last posted its earnings results on Friday, February 13th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.45. The firm had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $1.95 billion. Advance Auto Parts had a net margin of 0.51% and a return on equity of 6.23%. The company’s revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the company earned ($10.16) earnings per share. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.10 EPS. On average, research analysts predict that Advance Auto Parts, Inc. will post -0.46 earnings per share for the current fiscal year.

Advance Auto Parts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Friday, April 10th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, April 10th. Advance Auto Parts’s payout ratio is presently 136.99%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Northcoast Research raised shares of Advance Auto Parts from a “neutral” rating to a “buy” rating and set a $55.00 price target for the company in a research report on Wednesday, January 21st. Weiss Ratings reiterated a “sell (d)” rating on shares of Advance Auto Parts in a research note on Wednesday, January 21st. Morgan Stanley set a $60.00 target price on shares of Advance Auto Parts in a research report on Tuesday, February 17th. Royal Bank Of Canada lifted their target price on shares of Advance Auto Parts from $57.00 to $63.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 17th. Finally, Evercore set a $60.00 price target on shares of Advance Auto Parts in a report on Wednesday, February 11th. Two investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $52.93.

Advance Auto Parts Profile

Advance Auto Parts, Inc (NYSE: AAP) is a leading distributor of automotive aftermarket parts, accessories, and maintenance items. The company operates a network of stores and distribution centers across North America, serving both do-it-yourself (DIY) customers and professional service providers. Advance Auto Parts focuses on offering a comprehensive selection of replacement parts, batteries, engine components, and performance products for cars and light trucks.

The company’s product portfolio includes engine oils and lubricants, cooling system components, brake and suspension parts, filters, belts, hoses, and diagnostic tools.