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February 26, 2023

Cibc World Markets Corp Sells 3,810 Shares of Advance Auto Parts, Inc. (NYSE:AAP)

Cibc World Markets Corp trimmed its stake in Advance Auto Parts, Inc. (NYSE:AAP – Get Rating) by 25.7{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,043 shares of the company’s stock after selling 3,810 shares during the period. Cibc World Markets Corp’s holdings in Advance Auto Parts were worth $1,726,000 at the end of the most recent quarter.

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A number of other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its position in shares of Advance Auto Parts by 22.4{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} during the second quarter. JPMorgan Chase & Co. now owns 2,636,189 shares of the company’s stock valued at $456,297,000 after buying an additional 482,858 shares during the last quarter. Vanguard Group Inc. boosted its stake in Advance Auto Parts by 3.9{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} in the first quarter. Vanguard Group Inc. now owns 6,970,480 shares of the company’s stock valued at $1,442,611,000 after acquiring an additional 261,715 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Advance Auto Parts by 202.5{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} during the first quarter. Arrowstreet Capital Limited Partnership now owns 390,826 shares of the company’s stock worth $80,885,000 after purchasing an additional 261,608 shares in the last quarter. Victory Capital Management Inc. grew its stake in Advance Auto Parts by 367.4{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} during the 3rd quarter. Victory Capital Management Inc. now owns 190,905 shares of the company’s stock worth $29,846,000 after buying an additional 150,058 shares during the last quarter. Finally, Clearbridge Investments LLC increased its holdings in shares of Advance Auto Parts by 3.6{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} during the first quarter. Clearbridge Investments LLC now owns 3,313,689 shares of the company’s stock valued at $685,801,000 after acquiring an additional 114,789 shares in the last quarter. Institutional investors own 96.04{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} of the company’s stock.

Advance Auto Parts Stock Performance

NYSE:AAP opened at $142.01 on Friday. The company has a market cap of $8.54 billion, a price-to-earnings ratio of 18.25, a price-to-earnings-growth ratio of 0.97 and a beta of 1.11. The company has a quick ratio of 0.23, a current ratio of 1.13 and a debt-to-equity ratio of 0.44. Advance Auto Parts, Inc. has a 52 week low of $138.52 and a 52 week high of $231.43. The company has a fifty day simple moving average of $148.56 and a two-hundred day simple moving average of $163.33.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AAP. DA Davidson dropped their price objective on shares of Advance Auto Parts from $200.00 to $170.00 in a report on Thursday, November 17th. Barclays assumed coverage on Advance Auto Parts in a research report on Tuesday, February 7th. They issued an “underweight” rating and a $145.00 target price on the stock. The Goldman Sachs Group decreased their price objective on shares of Advance Auto Parts from $230.00 to $197.00 and set a “buy” rating for the company in a research note on Thursday, November 17th. Truist Financial cut shares of Advance Auto Parts from a “buy” rating to a “hold” rating and reduced their target price for the stock from $228.00 to $147.00 in a report on Wednesday, November 16th. Finally, Guggenheim lowered Advance Auto Parts from a “buy” rating to a “neutral” rating in a research note on Thursday, November 17th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Advance Auto Parts has a consensus rating of “Hold” and a consensus price target of $170.44.

Advance Auto Parts Company Profile

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Advance Auto Parts, Inc engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It operates through the following segments: Northern Division, Southern Division, Carquest Canada, Independents and Worldpac. Advance Auto Parts offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage.

Advance Auto Parts, Inc. (NYSE:AAP) Shares Sold by Grand Jean Capital Management Inc.

Grand Jean Capital Management Inc. decreased its position in Advance Auto Parts, Inc. (NYSE:AAP – Get Rating) by 22.5{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,488 shares of the company’s stock after selling 10,275 shares during the quarter. Advance Auto Parts comprises approximately 2.5{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} of Grand Jean Capital Management Inc.’s holdings, making the stock its 16th largest position. Grand Jean Capital Management Inc. owned approximately 0.06{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} of Advance Auto Parts worth $5,548,000 at the end of the most recent quarter.

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Several other institutional investors have also modified their holdings of the company. Covestor Ltd raised its position in shares of Advance Auto Parts by 113.7{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} during the first quarter. Covestor Ltd now owns 156 shares of the company’s stock worth $32,000 after purchasing an additional 83 shares during the period. First Personal Financial Services raised its position in Advance Auto Parts by 113.3{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} during the third quarter. First Personal Financial Services now owns 224 shares of the company’s stock valued at $35,000 after buying an additional 119 shares during the period. Private Trust Co. NA acquired a new position in Advance Auto Parts during the second quarter valued at $36,000. AllSquare Wealth Management LLC acquired a new position in Advance Auto Parts during the second quarter valued at $43,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Advance Auto Parts during the second quarter valued at $48,000. Institutional investors and hedge funds own 96.04{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} of the company’s stock.

Advance Auto Parts Stock Performance

Advance Auto Parts stock traded down $2.13 during trading hours on Friday, hitting $148.06. The stock had a trading volume of 341,912 shares, compared to its average volume of 904,596. The company has a 50-day moving average of $148.44 and a two-hundred day moving average of $165.00. The company has a quick ratio of 0.23, a current ratio of 1.13 and a debt-to-equity ratio of 0.44. The company has a market cap of $8.90 billion, a PE ratio of 19.30, a price-to-earnings-growth ratio of 1.02 and a beta of 1.11. Advance Auto Parts, Inc. has a fifty-two week low of $138.52 and a fifty-two week high of $231.43.

Advance Auto Parts (NYSE:AAP – Get Rating) last posted its quarterly earnings results on Tuesday, November 15th. The company reported $2.84 EPS for the quarter, missing the consensus estimate of $3.32 by ($0.48). The firm had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.66 billion. Advance Auto Parts had a net margin of 4.30{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} and a return on equity of 25.97{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5}. On average, equities research analysts anticipate that Advance Auto Parts, Inc. will post 12.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AAP. StockNews.com raised Advance Auto Parts from a “hold” rating to a “buy” rating in a research report on Wednesday, February 1st. Morgan Stanley dropped their price target on Advance Auto Parts from $205.00 to $165.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 17th. Barclays started coverage on Advance Auto Parts in a research report on Tuesday, February 7th. They issued an “underweight” rating and a $145.00 target price on the stock. The Goldman Sachs Group dropped their target price on Advance Auto Parts from $230.00 to $197.00 and set a “buy” rating on the stock in a research report on Thursday, November 17th. Finally, Wedbush raised Advance Auto Parts from a “neutral” rating to an “outperform” rating in a research report on Friday, January 13th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Advance Auto Parts presently has an average rating of “Hold” and a consensus target price of $170.44.

Advance Auto Parts Company Profile

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Advance Auto Parts Inc. – Consensus Indicates Potential 8.7{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} Upside

Progress Vehicle Parts Inc. uncovered working with ticker (AAP) have now 19 analysts covering the stock. The analyst consensus factors to a ranking of ‘Hold’. The concentrate on rate ranges involving 210 and 120 calculating the regular target rate we see 165.16. Given that the stocks prior close was at 151.91 this would suggest there is a prospective upside of 8.7{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5}. The 50 day moving common now sits at 148.38 though the 200 working day going common is 173.4. The business has a industry capitalisation of $8,995m. Locate out far more data at: https://www.advanceautoparts.com

The possible market place cap would be $9,779m primarily based on the industry concensus.

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Advance Auto Elements, Inc. gives automotive substitution parts, components, batteries, and maintenance items for domestic and imported vehicles, vans, sport utility motor vehicles, and light-weight and large duty trucks. The organization delivers battery components belts and hoses brakes and brake pads chassis and local climate control areas clutches and generate shafts engines and motor sections exhaust units and parts hub assemblies ignition parts and wires radiators and cooling areas starters and alternators and steering and alignment pieces. It also features air conditioning chemicals and equipment air fresheners antifreeze and washer fluids electrical wires and fuses electronics ground mats, seat covers, and interior accessories hand and specialty equipment lights items effectiveness components sealants, adhesives and compounds tire restore components vent shades, mirrors and exterior components washes, waxes and cleaning supplies and wiper blades. In addition, the firm presents air filters gas and oil additives gasoline filters grease and lubricants motor oils oil filters, portion cleaners and therapies and transmission fluids for motor servicing. Additional, it gives battery and wiper installation motor light-weight scanning and examining electrical procedure screening online video clinic oil and battery recycling and loaner instrument software expert services. Also, the company sells its products and solutions by way of its internet site. It serves skilled installers and do-it-oneself prospects. The enterprise operates outlets below the Advance Automobile Parts, Autopart Global, and Carquest brands, as effectively as branches below the Worldpac title. The business was established in 1929 and is based mostly in Raleigh, North Carolina.

February 11, 2023

Advance Auto Parts, Inc. (NYSE:AAP) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund cut its stake in shares of Advance Auto Parts, Inc. (NYSE:AAP – Get Rating) by 3.2{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,183 shares of the company’s stock after selling 2,148 shares during the quarter. New York State Common Retirement Fund owned 0.11{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} of Advance Auto Parts worth $10,191,000 as of its most recent SEC filing.

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Several other hedge funds have also recently modified their holdings of the stock. Empirical Finance LLC lifted its holdings in shares of Advance Auto Parts by 5.2{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} during the second quarter. Empirical Finance LLC now owns 1,345 shares of the company’s stock worth $233,000 after purchasing an additional 66 shares during the period. Assetmark Inc. lifted its holdings in Advance Auto Parts by 3.8{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} in the third quarter. Assetmark Inc. now owns 1,835 shares of the company’s stock valued at $287,000 after acquiring an additional 68 shares during the period. Mackenzie Financial Corp lifted its holdings in Advance Auto Parts by 1.5{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} in the third quarter. Mackenzie Financial Corp now owns 5,110 shares of the company’s stock valued at $799,000 after acquiring an additional 77 shares during the period. Harbor Investment Advisory LLC lifted its holdings in Advance Auto Parts by 9.1{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} in the third quarter. Harbor Investment Advisory LLC now owns 944 shares of the company’s stock valued at $148,000 after acquiring an additional 79 shares during the period. Finally, Covestor Ltd lifted its holdings in Advance Auto Parts by 113.7{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} in the first quarter. Covestor Ltd now owns 156 shares of the company’s stock valued at $32,000 after acquiring an additional 83 shares during the period. 96.04{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} of the stock is owned by institutional investors and hedge funds.

Advance Auto Parts Stock Up 2.1 {49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5}

AAP opened at $151.91 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.13 and a quick ratio of 0.23. The stock has a market capitalization of $9.13 billion, a price-to-earnings ratio of 19.53, a price-to-earnings-growth ratio of 1.01 and a beta of 1.11. The business has a 50-day moving average of $148.12 and a two-hundred day moving average of $166.30. Advance Auto Parts, Inc. has a 12 month low of $138.52 and a 12 month high of $231.43.

Advance Auto Parts (NYSE:AAP – Get Rating) last posted its quarterly earnings results on Tuesday, November 15th. The company reported $2.84 EPS for the quarter, missing the consensus estimate of $3.32 by ($0.48). The business had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.66 billion. Advance Auto Parts had a net margin of 4.30{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} and a return on equity of 25.97{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5}. On average, research analysts expect that Advance Auto Parts, Inc. will post 12.58 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have commented on AAP. Barclays began coverage on Advance Auto Parts in a report on Tuesday. They issued an “underweight” rating and a $145.00 target price for the company. The Goldman Sachs Group reduced their target price on Advance Auto Parts from $230.00 to $197.00 and set a “buy” rating for the company in a report on Thursday, November 17th. Wells Fargo & Company cut their price target on Advance Auto Parts from $180.00 to $150.00 and set an “equal weight” rating for the company in a research note on Thursday, January 5th. Citigroup cut their price target on Advance Auto Parts from $161.00 to $159.00 and set a “neutral” rating for the company in a research note on Friday, January 27th. Finally, Guggenheim downgraded Advance Auto Parts from a “buy” rating to a “neutral” rating in a research note on Thursday, November 17th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $180.47.

About Advance Auto Parts

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Advance Auto Parts Launches “Diehards Choose DieHard” Campaign, featuring Kirstie Ennis

Progress and DieHard® rejoice military veteran and action sports diehard Kirstie Ennis via unique mini-documentary

RALEIGH, N.C., January 17, 2023–(Business WIRE)–Advance Automobile Areas (NYSE: AAP), a primary automotive aftermarket parts supplier, and DieHard®, America’s most trusted automobile battery* and section of Advance’s portfolio of owned brands, announced a 60 2nd documentary-design and style video and marketing campaign showcasing previous Maritime sergeant and entire world-renowned climber, Kirstie Ennis.

Titled “The Climber,” the online video chronicles Ennis’ journey from serving in the United States Marine Corps and the loss of her leg over the knee immediately after her helicopter went down in Afghanistan. It also captures her restoration and emphasis on tackling the 7 Summits, the best mountain in every single of the seven continents.

“Kirstie is a single of the most inspiring figures in society today,” reported Jason McDonell, Advance’s government vice president of merchandising, advertising and marketing and eCommerce. “She has been a fantastic partner of the Progress brand name for various decades, and we have witnessed initial-hand how Kirstie defines what it implies to be a diehard. There is a strong correlation amongst Kirstie’s relentless drive and the hallmarks of our DieHard brand – trustworthiness, sturdiness, and specially, electric power. This mini-documentary delivers an authentic appear at Kirstie which we consider will be motivational to quite a few folks.”

The movie consists of footage from Ennis’ to start with attempt at summiting Mount Everest in 2019. Ennis and her team arrived inside 600 feet from Everest’s peak when her climbing celebration ran out of oxygen and had to retreat. She has given that announced her intention to return to Everest this April. A effective summit would consequence in Ennis conquering every single of the 7 Summits.

“I enjoyed this chance to husband or wife with Advance and DieHard in a exceptional way to share my tale,” explained Ennis. “Advance has been section of my journey for a number of many years, and I admire their perseverance to supporting associates of the armed forces. My hope is that this video inspires men and women to complete their goals, even when the path is full of road blocks and challenges.”

The movie can be viewed on Advance’s YouTube web page, as effectively as Twitter, Instagram and Fb. Progress will also debut the video clip in movie theaters commencing February 2023, showing prior to a number of anticipated Hollywood movie releases. The mini-documentary was made by TMA, a Dallas-primarily based imaginative company lover for Progress and DieHard.

*Based mostly on 2021 unbiased survey of nationally consultant sample of 1,200+ drivers.

About Progress Auto Components

Progress Automobile Areas, Inc. is a top automotive aftermarket sections service provider that serves both equally skilled installer and do-it-yourself buyers. As of October 8, 2022, Progress operated 4,747 retailers and 313 Worldpac branches principally inside the United States, with additional places in Canada, Puerto Rico and the U.S. Virgin Islands. The enterprise also served 1,335 independently owned Carquest branded merchants throughout these places in addition to Mexico and several Caribbean islands. Additional info about Progress, such as work alternatives, shopper services, and on line procuring for sections, equipment and other choices can be observed at www.AdvanceAutoParts.com.

View resource edition on businesswire.com: https://www.businesswire.com/news/residence/20230117005383/en/

Contacts

Advance Vehicle Parts Contacts:
Trader Relations:
Elisabeth Eisleben
T: (919) 227-5466
E: invrelations@advanceautoparts.com

Media Relations:
Darryl Carr
T: (984) 389-7207
E: darryl.carr@progress-auto.com

February 4, 2023

Advance Auto Parts, Inc. (NYSE:AAP) Shares Acquired by Cambria Investment Management L.P.

Cambria Investment Management L.P. lifted its position in shares of Advance Auto Parts, Inc. (NYSE:AAP – Get Rating) by 8.3{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,150 shares of the company’s stock after buying an additional 2,550 shares during the period. Cambria Investment Management L.P. owned approximately 0.06{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} of Advance Auto Parts worth $5,183,000 as of its most recent SEC filing.

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A number of other institutional investors have also recently added to or reduced their stakes in AAP. Private Advisor Group LLC purchased a new position in Advance Auto Parts in the 1st quarter valued at about $232,000. MetLife Investment Management LLC lifted its position in shares of Advance Auto Parts by 21.9{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} during the first quarter. MetLife Investment Management LLC now owns 16,965 shares of the company’s stock worth $3,511,000 after purchasing an additional 3,046 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Advance Auto Parts by 5.5{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,343 shares of the company’s stock worth $1,727,000 after purchasing an additional 435 shares during the last quarter. Cibc World Market Inc. raised its stake in Advance Auto Parts by 120.6{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} during the first quarter. Cibc World Market Inc. now owns 11,593 shares of the company’s stock worth $2,399,000 after acquiring an additional 6,338 shares during the period. Finally, Blair William & Co. IL raised its stake in Advance Auto Parts by 14.4{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} during the first quarter. Blair William & Co. IL now owns 4,620 shares of the company’s stock worth $956,000 after acquiring an additional 582 shares during the period. 96.04{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} of the stock is owned by hedge funds and other institutional investors.

Advance Auto Parts Stock Down 0.5 {49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5}

AAP stock traded down $0.74 during midday trading on Friday, reaching $154.50. The company had a trading volume of 64,347 shares, compared to its average volume of 869,793. The company has a market capitalization of $9.29 billion, a P/E ratio of 19.95, a PEG ratio of 1.04 and a beta of 1.11. The company has a 50 day moving average of $148.02 and a two-hundred day moving average of $167.65. The company has a current ratio of 1.13, a quick ratio of 0.23 and a debt-to-equity ratio of 0.44. Advance Auto Parts, Inc. has a 1 year low of $138.52 and a 1 year high of $234.23.

Advance Auto Parts (NYSE:AAP – Get Rating) last released its quarterly earnings results on Tuesday, November 15th. The company reported $2.84 earnings per share for the quarter, missing analysts’ consensus estimates of $3.32 by ($0.48). The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.66 billion. Advance Auto Parts had a net margin of 4.30{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} and a return on equity of 25.97{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5}. On average, equities research analysts expect that Advance Auto Parts, Inc. will post 12.59 earnings per share for the current fiscal year.

Advance Auto Parts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 3rd. Shareholders of record on Friday, December 16th were given a $1.50 dividend. The ex-dividend date was Thursday, December 15th. This represents a $6.00 annualized dividend and a yield of 3.88{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5}. Advance Auto Parts’s dividend payout ratio is 77.12{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5}.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AAP. Truist Financial cut shares of Advance Auto Parts from a “buy” rating to a “hold” rating and decreased their price objective for the company from $228.00 to $147.00 in a report on Wednesday, November 16th. Argus reduced their target price on shares of Advance Auto Parts from $220.00 to $185.00 in a report on Monday, December 5th. The Goldman Sachs Group reduced their target price on shares of Advance Auto Parts from $230.00 to $197.00 and set a “buy” rating for the company in a report on Thursday, November 17th. Royal Bank of Canada reduced their target price on shares of Advance Auto Parts from $199.00 to $165.00 and set a “sector perform” rating for the company in a report on Thursday, November 17th. Finally, Morgan Stanley reduced their target price on shares of Advance Auto Parts from $205.00 to $165.00 and set an “equal weight” rating for the company in a report on Thursday, November 17th. Eight equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Advance Auto Parts presently has an average rating of “Moderate Buy” and a consensus price target of $189.88.

Advance Auto Parts Company Profile

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Tag: Advance

Cibc World Markets Corp Sells 3,810 Shares of Advance Auto Parts, Inc. (NYSE:AAP)

Advance Auto Parts Stock Performance

Analyst Upgrades and Downgrades

Advance Auto Parts Company Profile

Further Reading

Advance Auto Parts, Inc. (NYSE:AAP) Shares Sold by Grand Jean Capital Management Inc.

Advance Auto Parts Stock Performance

Wall Street Analyst Weigh In

Advance Auto Parts Company Profile

Further Reading

20 Stocks to Sell Now

Advance Auto Parts Inc. – Consensus Indicates Potential 8.7{49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5} Upside

Advance Auto Parts, Inc. (NYSE:AAP) Shares Sold by New York State Common Retirement Fund

Advance Auto Parts Stock Up 2.1 {49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5}

Analysts Set New Price Targets

About Advance Auto Parts

Further Reading

Advance Auto Parts Launches “Diehards Choose DieHard” Campaign, featuring Kirstie Ennis

Advance Auto Parts, Inc. (NYSE:AAP) Shares Acquired by Cambria Investment Management L.P.

Advance Auto Parts Stock Down 0.5 {49e09b23eae7466ccc7574c19ebb3019301c9a11d2999feff81a3526451546a5}

Advance Auto Parts Dividend Announcement

Analyst Upgrades and Downgrades

Advance Auto Parts Company Profile

Further Reading