Intech Investment Management LLC Sells 8,837 Shares of Advance Auto Parts, Inc. $AAP

Intech Investment Management LLC trimmed its position in shares of Advance Auto Parts, Inc. (NYSE:AAP) by 27.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,209 shares of the company’s stock after selling 8,837 shares during the quarter. Intech Investment Management LLC’s holdings in Advance Auto Parts were worth $912,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new stake in Advance Auto Parts during the 3rd quarter valued at approximately $31,000. AlphaCore Capital LLC boosted its position in Advance Auto Parts by 6,288.9% during the 3rd quarter. AlphaCore Capital LLC now owns 575 shares of the company’s stock valued at $35,000 after acquiring an additional 566 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Advance Auto Parts during the 3rd quarter valued at approximately $52,000. Hantz Financial Services Inc. boosted its position in Advance Auto Parts by 184.5% during the 4th quarter. Hantz Financial Services Inc. now owns 919 shares of the company’s stock valued at $36,000 after acquiring an additional 596 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in Advance Auto Parts by 290.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 925 shares of the company’s stock valued at $43,000 after acquiring an additional 688 shares in the last quarter. 88.70% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on AAP shares. Citigroup lifted their price objective on Advance Auto Parts from $57.00 to $60.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft raised Advance Auto Parts to a “buy” rating in a research report on Friday, May 22nd. UBS Group boosted their price target on Advance Auto Parts from $60.00 to $65.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Royal Bank Of Canada boosted their price target on Advance Auto Parts from $62.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, May 22nd. Finally, Wells Fargo & Company boosted their price target on Advance Auto Parts from $50.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Friday, May 22nd. Two equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $58.66.

Advance Auto Parts Stock Performance

Shares of AAP opened at $56.81 on Monday. The company has a quick ratio of 0.85, a current ratio of 1.78 and a debt-to-equity ratio of 1.54. The business’s 50 day moving average price is $55.31 and its 200-day moving average price is $51.05. Advance Auto Parts, Inc. has a 52 week low of $37.89 and a 52 week high of $70.00. The stock has a market cap of $3.43 billion, a P/E ratio of 78.91, a P/E/G ratio of 0.93 and a beta of 1.05.

Advance Auto Parts (NYSE:AAP) last released its quarterly earnings data on Thursday, May 21st. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.38. The business had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.05 billion. Advance Auto Parts had a return on equity of 8.95% and a net margin of 0.51%.The firm’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.40 EPS. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.100 EPS. Equities research analysts anticipate that Advance Auto Parts, Inc. will post 2.95 earnings per share for the current fiscal year.

Advance Auto Parts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, July 10th. This represents a $1.00 dividend on an annualized basis and a yield of 1.8%. Advance Auto Parts’s payout ratio is currently 138.89%.

More Advance Auto Parts News

Here are the key news stories impacting Advance Auto Parts this week:

• Positive Sentiment: Advance Auto Parts crossed above its 200-day moving average, a technical signal that can attract momentum-focused buyers. Advance Auto Parts (NYSE:AAP) Shares Cross Above 200-Day Moving Average – Here’s What Happened
• Positive Sentiment: Zacks highlighted Advance Auto Parts as a top long-term value stock, which may support investor confidence in the turnaround and valuation case. Why Advance Auto Parts (AAP) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Brokerages currently rate Advance Auto Parts at an average recommendation of “Hold,” suggesting analysts are not strongly bearish but also not broadly bullish. Advance Auto Parts, Inc. (NYSE:AAP) Given Average Recommendation of “Hold” by Brokerages
• Negative Sentiment: Zacks Research trimmed several forward EPS estimates, including Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q3 2027, Q4 2027, Q1 2028, and FY2027, which could pressure sentiment if investors view the revisions as a sign of slower profit growth ahead.
• Positive Sentiment: Zacks did raise its FY2026 EPS estimate, which partially offsets the weaker near-term and longer-dated revisions.

Advance Auto Parts Company 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.