Advance Auto Parts, Inc. $AAP Shares Sold by Goodman Financial Corp

Goodman Financial Corp reduced its holdings in Advance Auto Parts, Inc. (NYSE:AAP) by 31.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 228,028 shares of the company’s stock after selling 106,102 shares during the period. Advance Auto Parts comprises 2.7% of Goodman Financial Corp’s holdings, making the stock its 15th biggest position. Goodman Financial Corp owned about 0.38% of Advance Auto Parts worth $14,001,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Federated Hermes Inc. grew its position in Advance Auto Parts by 75.7% during the 2nd quarter. Federated Hermes Inc. now owns 2,387,325 shares of the company’s stock worth $110,987,000 after purchasing an additional 1,028,561 shares during the period. Geode Capital Management LLC boosted its stake in shares of Advance Auto Parts by 48.4% in the second quarter. Geode Capital Management LLC now owns 1,416,636 shares of the company’s stock worth $65,867,000 after buying an additional 461,761 shares during the last quarter. Parkwood LLC acquired a new stake in Advance Auto Parts during the second quarter worth about $16,922,000. State Street Corp raised its position in Advance Auto Parts by 13.5% during the second quarter. State Street Corp now owns 2,406,039 shares of the company’s stock valued at $111,857,000 after acquiring an additional 286,148 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Advance Auto Parts by 327.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 362,918 shares of the company’s stock worth $14,230,000 after purchasing an additional 278,066 shares in the last quarter. Hedge funds and other institutional investors own 88.70% of the company’s stock.

Advance Auto Parts Trading Down 0.1%

AAP opened at $55.90 on Monday. The firm has a market capitalization of $3.36 billion, a price-to-earnings ratio of 76.58, a price-to-earnings-growth ratio of 0.76 and a beta of 1.14. The company’s 50 day simple moving average is $46.70 and its two-hundred day simple moving average is $52.36. Advance Auto Parts, Inc. has a 1-year low of $28.89 and a 1-year high of $70.00. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.75 and a quick ratio of 0.87.

Advance Auto Parts (NYSE:AAP) last posted its quarterly earnings results on Friday, February 13th. The company reported $0.86 EPS for the quarter, beating the consensus estimate 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 return on equity of 6.23% and a net margin of 0.51%.The business’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter last year, the firm earned ($10.16) earnings per share. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.10 EPS. Analysts expect that Advance Auto Parts, Inc. will post -0.46 EPS for the current fiscal year.

Advance Auto Parts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Friday, April 10th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, April 10th. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. Advance Auto Parts’s payout ratio is presently 136.99%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Advance Auto Parts from $40.00 to $50.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 11th. BMO Capital Markets increased their target price on shares of Advance Auto Parts from $55.00 to $60.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 17th. UBS Group reaffirmed a “neutral” rating on shares of Advance Auto Parts in a report on Monday, February 9th. Morgan Stanley set a $60.00 target price on Advance Auto Parts in a research note on Tuesday, February 17th. Finally, Northcoast Research raised shares of Advance Auto Parts from a “neutral” rating to a “buy” rating and set a $55.00 price target on the stock in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Advance Auto Parts presently has a consensus rating of “Hold” and an average target price of $53.03.

Trending Headlines about Advance Auto Parts

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

• Positive Sentiment: Q4 results and guidance impressed: AAP beat EPS estimates, reported solid same‑store sales momentum and issued FY‑2026 EPS guidance (2.40–3.10), supporting the recovery narrative after 2024 losses. Q4 auto parts retailer earnings: Advance Auto Parts (NYSE:AAP) impresses
• Positive Sentiment: Roth Capital raised its price target to $57 from $55, signaling some analyst confidence in upside after the print. Advance Auto Parts price target raised to $57 from $55 at Roth Capital
• Positive Sentiment: Zacks highlighted AAP as a strong momentum and attractive long‑term value name, which may attract growth/value investors rotating into beaten‑up retail names. Here’s Why Advance Auto Parts (AAP) is a Strong Momentum Stock
• Neutral Sentiment: Several major brokers (Guggenheim, RBC Capital, Morgan Stanley) reiterated “hold” ratings — a sign of cautious stance that can limit near‑term analyst‑led upside. Guggenheim Keeps Their Hold Rating on Advance Auto Parts (AAP) RBC Capital Remains a Hold on Advance Auto Parts (AAP) Morgan Stanley Sticks to Their Hold Rating for Advance Auto Parts (AAP)
• Neutral Sentiment: Q4 call drew pointed analyst questions (top 5 themes) — investors should watch management commentary on margins, parts availability and inventory cadence for signs the beat is sustainable. The Top 5 Analyst Questions From Advance Auto Parts’s Q4 Earnings Call
• Negative Sentiment: Shares declined after the earnings release despite the beat — likely profit‑taking and reassessment of valuation (AAP’s trailing P/E is elevated), indicating investors want clearer proof of margin durability and sustained sales growth. Advance Auto Parts Stock Is Down 1.5%. Is It Finally Time to Buy?

About Advance Auto Parts

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.