Advance Auto Parts (NYSE:AAP) Price Target Raised to $50.00

Advance Auto Parts (NYSE:AAP) had its target price increased by Wells Fargo & Company from $40.00 to $50.00 in a report issued on Wednesday morning,Benzinga reports. They currently have an equal weight rating on the stock.

AAP has been the subject of several other research reports. Citigroup upgraded Advance Auto Parts from a “hold” rating to a “buy” rating in a report on Wednesday, January 21st. Cfra raised shares of Advance Auto Parts to a “hold” rating in a research report on Thursday, October 30th. Morgan Stanley decreased their price target on shares of Advance Auto Parts from $55.00 to $45.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. JPMorgan Chase & Co. raised their price objective on shares of Advance Auto Parts from $44.00 to $62.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Finally, UBS Group reiterated a “neutral” rating on shares of Advance Auto Parts in a report on Monday. Three investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Advance Auto Parts has an average rating of “Hold” and an average target price of $51.41.

Advance Auto Parts Stock Performance

NYSE:AAP opened at $58.88 on Wednesday. The company has a fifty day moving average of $45.86 and a 200-day moving average of $52.37. The firm has a market capitalization of $3.53 billion, a P/E ratio of -9.36 and a beta of 1.14. The company has a quick ratio of 0.88, a current ratio of 1.73 and a debt-to-equity ratio of 1.55. Advance Auto Parts has a twelve month low of $28.89 and a twelve month high of $70.00.

Advance Auto Parts (NYSE:AAP) last issued its earnings results on Friday, February 13th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.45. Advance Auto Parts had a negative net margin of 4.37% and a positive return on equity of 0.64%. The business had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the firm earned ($10.16) earnings per share. Advance Auto Parts’s revenue was down 1.2% on a year-over-year basis. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.10 EPS. As a group, sell-side analysts anticipate that Advance Auto Parts will post -0.46 EPS for the current year.

Advance Auto Parts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Friday, April 10th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, April 10th. Advance Auto Parts’s dividend payout ratio (DPR) is presently -15.90%.

Institutional Investors Weigh In On Advance Auto Parts

Institutional investors have recently added to or reduced their stakes in the company. Amalgamated Bank lifted its position in shares of Advance Auto Parts by 1.1% during the 3rd quarter. Amalgamated Bank now owns 17,270 shares of the company’s stock worth $1,060,000 after buying an additional 185 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in Advance Auto Parts by 3.1% during 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 lifted its holdings in Advance Auto Parts by 1.6% during 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. Rockefeller Capital Management L.P. boosted its position in Advance Auto Parts by 2.0% in the second quarter. Rockefeller Capital Management L.P. now owns 14,535 shares of the company’s stock worth $676,000 after purchasing an additional 283 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Advance Auto Parts by 0.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 54,237 shares of the company’s stock valued at $3,330,000 after purchasing an additional 297 shares during the period. 88.70% of the stock is owned by institutional investors.

Key Headlines Impacting Advance Auto Parts

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

• Positive Sentiment: Q4 beat on EPS and revenue — Advance reported $0.86 EPS vs. $0.41 expected and $1.973B in sales vs. ~$1.95B consensus, marking a swing to profitability vs. prior year losses. BusinessWire: Q4 results & guidance
• Positive Sentiment: Margins and turnaround signs — Management highlighted margin recovery and narrowing losses; several writeups note improving profitability and execution on the restructuring plan. Barron’s: Turnaround continues
• Positive Sentiment: Comparable sales returned to positive growth, supporting the narrative that the turnaround is gaining traction. Seeking Alpha: Comparable sales growth
• Positive Sentiment: Board declared a quarterly cash dividend of $0.25/share (paid April 24; ex‑dividend April 10), a sign of confidence in cash generation. Seeking Alpha: Dividend announcement
• Neutral Sentiment: 2026 guidance is mixed — management gave an EPS range of $2.40–$3.10 (around Street expectations) but set revenue guidance slightly below consensus ($8.5–8.6B vs. ~$8.7B), making the outlook balanced between optimism on margins and caution on top‑line recovery. Yahoo Finance: Beats and guidance
• Neutral Sentiment: Analyst stance remains cautious — William Blair kept a Hold rating, saying early turnaround progress is encouraging but not yet enough to upgrade. Watch for further analyst revisions. TipRanks: Hold rating
• Negative Sentiment: Revenue weakness and store closures — Q4 revenue was down ~1.2% year‑over‑year and the company continues to close stores as part of restructuring, a drag on top‑line growth despite profit improvement. WSJ: Profit amid store closures

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.