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

Intech Investment Management LLC reduced its stake in Advance Auto Parts, Inc. (NYSE:AAP) by 27.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,209 shares of the company’s stock after selling 8,837 shares during the period. Intech Investment Management LLC’s holdings in Advance Auto Parts were worth $912,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Hsbc Holdings PLC boosted its holdings in shares of Advance Auto Parts by 3.1% in the second quarter. Hsbc Holdings PLC now owns 6,306 shares of the company’s stock worth $293,000 after acquiring an additional 191 shares during the period. Arizona State Retirement System boosted its holdings in shares of Advance Auto Parts by 1.6% in the third quarter. Arizona State Retirement System now owns 17,733 shares of the company’s stock worth $1,089,000 after acquiring an additional 272 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Advance Auto Parts by 0.6% in the third quarter. Envestnet Asset Management Inc. now owns 54,237 shares of the company’s stock worth $3,330,000 after acquiring an additional 297 shares during the period. AlphaCore Capital LLC boosted its holdings in shares of Advance Auto Parts by 53.6% in the fourth quarter. AlphaCore Capital LLC now owns 883 shares of the company’s stock worth $35,000 after acquiring an additional 308 shares during the period. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Advance Auto Parts by 35.2% in the third quarter. Smartleaf Asset Management LLC now owns 1,251 shares of the company’s stock worth $79,000 after acquiring an additional 326 shares during the period. 88.70% of the stock is owned by institutional investors.

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 Stock Up 0.0%

Shares of NYSE:AAP opened at $56.81 on Monday. Advance Auto Parts, Inc. has a 1 year low of $37.89 and a 1 year high of $70.00. The company has a market cap of $3.43 billion, a PE ratio of 78.91, a P/E/G ratio of 0.93 and a beta of 1.05. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.78 and a quick ratio of 0.85. The stock’s 50-day moving average is $55.31 and its 200 day moving average is $51.05.

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

Advance Auto Parts Dividend Announcement

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

Wall Street Analysts Forecast Growth

AAP has been the subject of a number of analyst reports. Weiss Ratings raised Advance Auto Parts from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Morgan Stanley lifted their price objective on Advance Auto Parts from $60.00 to $65.00 and gave the company an “equal weight” rating in a research note on Friday, May 22nd. TD Cowen reissued a “hold” rating on shares of Advance Auto Parts in a research note on Friday, May 22nd. Truist Financial lifted their price objective on Advance Auto Parts from $55.00 to $62.00 and gave the company a “hold” rating in a research note on Thursday, May 21st. Finally, 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 note on Friday, May 22nd. Two equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Advance Auto Parts has an average rating of “Hold” and a consensus price target of $58.66.

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.