Medina Value Partners LLC Invests $12.05 Million in Advance Auto Parts, Inc. $AAP

Medina Value Partners LLC acquired a new position in shares of Advance Auto Parts, Inc. (NYSE:AAP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 306,655 shares of the company’s stock, valued at approximately $12,052,000. Advance Auto Parts makes up approximately 2.8% of Medina Value Partners LLC’s investment portfolio, making the stock its 18th largest position.

Other hedge funds have also modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of Advance Auto Parts during the 3rd quarter worth approximately $31,000. AlphaCore Capital LLC increased its stake in shares of Advance Auto Parts by 6,288.9% during the 3rd quarter. AlphaCore Capital LLC now owns 575 shares of the company’s stock worth $35,000 after purchasing an additional 566 shares in the last quarter. Hantz Financial Services Inc. increased its stake in shares of Advance Auto Parts by 184.5% during the 4th quarter. Hantz Financial Services Inc. now owns 919 shares of the company’s stock worth $36,000 after purchasing an additional 596 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Advance Auto Parts by 290.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 925 shares of the company’s stock worth $43,000 after purchasing an additional 688 shares in the last quarter. Finally, Leonteq Securities AG purchased a new position in shares of Advance Auto Parts during the 4th quarter worth approximately $55,000. 88.70% of the stock is owned by hedge funds and other institutional investors.

Advance Auto Parts Stock Up 0.2%

Shares of NYSE AAP opened at $60.93 on Monday. Advance Auto Parts, Inc. has a 1 year low of $37.89 and a 1 year high of $70.00. The firm’s 50 day moving average price is $56.08 and its 200 day moving average price is $51.39. The firm has a market cap of $3.67 billion, a P/E ratio of 84.63, a price-to-earnings-growth ratio of 1.00 and a beta of 1.05. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.85 and a current ratio of 1.78.

Advance Auto Parts (NYSE:AAP) last announced its earnings results on Thursday, May 21st. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.38. Advance Auto Parts had a net margin of 0.51% and a return on equity of 8.95%. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same quarter last year, the business earned $0.40 earnings per share. 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. As a group, sell-side analysts anticipate that Advance Auto Parts, Inc. will post 2.94 earnings per share for the current year.

Advance Auto Parts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be given 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 1.6%. Advance Auto Parts’s dividend payout ratio (DPR) is 138.89%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on AAP shares. Deutsche Bank Aktiengesellschaft raised shares of Advance Auto Parts to a “buy” rating in a research note on Friday, May 22nd. Mizuho raised their price objective on shares of Advance Auto Parts from $54.00 to $58.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Roth Mkm reissued a “neutral” rating and set a $57.00 price objective on shares of Advance Auto Parts in a research note on Thursday, February 19th. TD Cowen reissued a “hold” rating on shares of Advance Auto Parts in a research note on Friday, May 22nd. Finally, BMO Capital Markets raised their target price on shares of Advance Auto Parts from $60.00 to $65.00 and gave the stock a “market perform” rating in a research report 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 issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $58.66.

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.