<div id="readability-page-1"><p>Marshall Wace LLP lessened its stake in shares of  Advance Auto Parts, Inc. (NYSE:AAP - Free Report) by 38.2% in the second quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The institutional investor  owned 850,753 shares of the company's stock after selling 525,937 shares during the quarter. Marshall Wace LLP owned about 1.42% of Advance Auto Parts worth $39,552,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Advance Auto Parts</strong> alerts:</span></p></div><ul><li>Advance Auto Parts is A Great Risk/Reward Play If EPS Delivers</li></ul><p>Several other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC increased its holdings 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 purchasing an additional 461,761 shares during the period.  Invenomic Capital Management LP grew its position in  Advance Auto Parts by 281.2% during the first quarter. Invenomic Capital Management LP now owns 600,895 shares of the company's stock worth $23,561,000 after buying an additional 443,251 shares in the last quarter.  Jump Financial LLC bought a new position in  Advance Auto Parts in the 1st quarter worth about $15,882,000.  Estuary Capital Management LP raised its holdings in shares of  Advance Auto Parts by 31.7% in the 1st quarter. Estuary Capital Management LP now owns 1,258,270 shares of the company's stock valued at $49,337,000 after acquiring an additional 303,153 shares in the last quarter.  Finally, Goldman Sachs Group Inc. boosted its position in shares of  Advance Auto Parts by 327.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 362,918 shares of the company's stock valued at $14,230,000 after acquiring an additional 278,066 shares during the last quarter. 88.70% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Insiders Place Their Bets</h2><p>In other news, EVP Kristen L. Soler sold 7,662 shares of the stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $51.00, for a total transaction of $390,762.00. Following the completion of the sale, the executive vice president owned 23,165 shares of the company's stock, valued at approximately $1,181,415. This represents a 24.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own  0.35% of the company's stock. </p><h2>Advance Auto Parts Price Performance</h2><ul><li>Auto Tariffs Are Coming Down: 3 Stocks to Benefit Soon</li></ul><p>Shares of NYSE:AAP opened at $52.46 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.73 and a debt-to-equity ratio of 1.55. The stock has a market cap of $3.15 billion, a PE ratio of -8.34 and a beta of 1.13. The company's fifty day moving average is $52.95 and its 200 day moving average is $54.82. Advance Auto Parts, Inc. has a 52 week low of $28.89 and a 52 week high of $70.00. </p><p>Advance Auto Parts (NYSE:AAP - Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.74 by $0.18. Advance Auto Parts had a positive return on equity of 0.64% and a negative net margin of 4.37%.The firm had revenue of $2.04 billion for the quarter, compared to analysts' expectations of $2.02 billion. During the same period last year, the firm earned ($0.04) earnings per share. The company's revenue for the quarter was down 5.2% compared to the same quarter last year. Advance Auto Parts has set its FY 2025 guidance at 1.750-1.850 EPS.  Research analysts anticipate that  Advance Auto Parts, Inc. will post -0.46 earnings per share for the current year. </p><h2>Advance Auto Parts Dividend Announcement</h2><ul><li>3 Stocks Getting Rare Double Upgrades From Analysts</li></ul><p>The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 9th will be given a $0.25 dividend. The ex-dividend date is Friday, January 9th. This represents a $1.00 annualized dividend and a yield of 1.9%. Advance Auto Parts's payout ratio is presently -15.90%. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several research analysts recently weighed in on AAP shares. Argus  restated a &#34;hold&#34; rating and issued a $60.52 price objective on shares of Advance Auto Parts in a research report on Friday, August 29th. Wolfe Research initiated coverage on shares of Advance Auto Parts in a report on Thursday, September 18th. They issued a &#34;peer perform&#34; rating on the stock. Citigroup lowered their price objective on shares of Advance Auto Parts from $60.00 to $55.00 and set a &#34;neutral&#34; rating on the stock in a research report on Friday, October 31st. Cfra Research upgraded shares of Advance Auto Parts to a &#34;hold&#34; rating in a research report on Thursday, October 30th. Finally, JPMorgan Chase &amp; Co. increased their target price on Advance Auto Parts from $44.00 to $62.00 and gave the company a &#34;neutral&#34; rating in a research note on Friday, October 31st. One analyst  has rated the stock with a Buy rating, twenty have issued  a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of &#34;Reduce&#34; and a consensus price target of $51.78.</p><p><b>Check Out Our Latest Analysis on Advance Auto Parts</b></p><h2>About Advance Auto Parts</h2> (Free Report)<p>Advance Auto Parts, Inc provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Advance Auto Parts</li><li>What Are Treasury Bonds?</li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</li><li>The Significance of Brokerage Rankings in Stock Selection</li><li>Gates Foundation Sells MSFT Stock—Should Investors Be Worried?</li><li>Investing In Automotive Stocks</li><li>MarketBeat Week in Review – 12/1 - 12/5</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFBUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFBUA"/></p><p><em>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.</em></p><h2>Should You Invest $1,000 in Advance Auto Parts Right Now?</h2><p>Before you consider Advance Auto Parts, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Advance Auto Parts wasn't on the list.</p><p>While Advance Auto Parts currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Marshall Wace LLP reduced its stake in Advance Auto Parts by 38.2% in Q2, selling 525,937 shares. The firm now holds 850,753 shares valued at $39.55 million. Other institutional investors like Geode Capital and Goldman Sachs have also adjusted their positions in the company. Advance Auto Parts reported Q3 earnings of $0.92 per share, beating estimates, with revenue of $2.04 billion. The company announced a quarterly dividend of $0.25 per share, payable on January 23rd.</p>

Marshall Wace LLP Sells 525,937 Shares of Advance Auto Parts, Inc. $AAP