Hussman Strategic Advisors Inc. Takes Position in Advance Auto Parts, Inc. $AAP

Key Points

• Hussman Strategic Advisors opened a new position in Advance Auto Parts in Q4, buying 21,000 shares worth about $825,000, while institutional investors own roughly 88.7% of the stock.
• Analyst sentiment is muted with a consensus rating of "Reduce" and an average price target of $52.93 (2 Buys, 17 Holds, 3 Sells), though several firms recently raised price targets and reiterated Hold/Market Perform views.
• Advance Auto Parts reported an EPS beat for the quarter ($0.86 vs. $0.41 expected) on $1.97B revenue, set FY2026 EPS guidance of $2.40–$3.10, and pays a $0.25 quarterly dividend (about 1.7% yield) despite a high payout ratio (~137%).

Hussman Strategic Advisors Inc. acquired a new stake in shares of Advance Auto Parts, Inc. (NYSE:AAP - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,000 shares of the company's stock, valued at approximately $825,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of AAP. Salomon & Ludwin LLC acquired a new position in Advance Auto Parts in the 3rd quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd acquired a new position in Advance Auto Parts in the 3rd quarter worth approximately $31,000. AlphaCore Capital LLC increased its holdings in Advance Auto Parts by 6,288.9% in the 3rd quarter. AlphaCore Capital LLC now owns 575 shares of the company's stock worth $35,000 after buying an additional 566 shares during the period. Smartleaf Asset Management LLC increased its holdings in Advance Auto Parts by 290.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 925 shares of the company's stock worth $43,000 after buying an additional 688 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in Advance Auto Parts by 198.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 751 shares of the company's stock worth $46,000 after buying an additional 499 shares during the period. Institutional investors and hedge funds own 88.70% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. BMO Capital Markets increased their price target on shares of Advance Auto Parts from $55.00 to $60.00 and gave the stock a "market perform" rating in a report on Tuesday, February 17th. Northcoast Research upgraded 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 report on Wednesday, January 21st. TD Cowen reiterated a "hold" rating on shares of Advance Auto Parts in a report on Tuesday, February 17th. UBS Group restated a "neutral" rating on shares of Advance Auto Parts in a research report on Monday, February 9th. Finally, Truist Financial raised their price objective on shares of Advance Auto Parts from $48.00 to $57.00 and gave the stock a "hold" rating in a research note on Tuesday, February 17th. Two research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Advance Auto Parts currently has a consensus rating of "Reduce" and an average price target of $52.93.

Advance Auto Parts Price Performance

Shares of NYSE AAP opened at $58.87 on Monday. The stock has a market capitalization of $3.55 billion, a price-to-earnings ratio of 80.64, a PEG ratio of 1.03 and a beta of 1.06. Advance Auto Parts, Inc. has a 12 month low of $30.84 and a 12 month high of $70.00. The firm's 50 day simple moving average is $53.67 and its 200-day simple moving average is $50.46. 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 - Get Free Report) last issued its quarterly earnings data on Friday, February 13th. The company reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.45. The business had revenue of $1.97 billion for 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 business's revenue was down 1.2% on a year-over-year basis. During the same quarter last year, the company earned ($10.16) EPS. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.10 EPS. Analysts expect that Advance Auto Parts, Inc. will post 2.77 EPS for the current year.

Advance Auto Parts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Friday, April 10th were given a dividend of $0.25 per share. The ex-dividend date was Friday, April 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.7%. Advance Auto Parts's dividend payout ratio (DPR) is 136.99%.

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.

Want to see what other hedge funds are holding AAP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advance Auto Parts, Inc. (NYSE:AAP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.