AutoZone, Inc. $AZO Shares Sold by Deutsche Bank AG

Deutsche Bank AG lowered its stake in AutoZone, Inc. (NYSE:AZO) by 16.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 85,865 shares of the company’s stock after selling 16,541 shares during the quarter. Deutsche Bank AG’s holdings in AutoZone were worth $291,211,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AZO. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of AutoZone by 6.6% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,966 shares of the company’s stock worth $21,315,000 after acquiring an additional 306 shares during the period. Numerai GP LLC raised its holdings in shares of AutoZone by 1,199.3% during the 3rd quarter. Numerai GP LLC now owns 1,754 shares of the company’s stock worth $7,525,000 after acquiring an additional 1,619 shares during the period. Caprock Group LLC purchased a new position in shares of AutoZone during the 3rd quarter worth $4,049,000. Jupiter Asset Management Ltd. purchased a new position in shares of AutoZone during the 4th quarter worth $1,808,000. Finally, ANTIPODES PARTNERS Ltd raised its holdings in shares of AutoZone by 185.7% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 640 shares of the company’s stock worth $2,746,000 after acquiring an additional 416 shares during the period. Institutional investors and hedge funds own 92.74% of the company’s stock.

AutoZone Trading Down 0.7%

Shares of AZO opened at $3,114.30 on Thursday. The firm has a market cap of $51.32 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 1.59 and a beta of 0.35. AutoZone, Inc. has a 12-month low of $2,928.11 and a 12-month high of $4,388.11. The company’s 50-day moving average price is $3,379.31 and its 200 day moving average price is $3,522.92.

AutoZone (NYSE:AZO) last issued its quarterly earnings data on Tuesday, May 26th. The company reported $38.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $36.22 by $1.85. The firm had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.86 billion. AutoZone had a net margin of 12.40% and a negative return on equity of 80.35%. AutoZone’s revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the firm earned $35.36 EPS. Equities research analysts forecast that AutoZone, Inc. will post 150.26 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AZO has been the topic of several analyst reports. Truist Financial set a $3,700.00 price target on AutoZone in a report on Wednesday, May 27th. UBS Group set a $4,800.00 price target on AutoZone in a report on Tuesday, March 3rd. Guggenheim reduced their price target on AutoZone from $4,400.00 to $4,000.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Evercore reiterated an “outperform” rating on shares of AutoZone in a report on Tuesday, May 26th. Finally, The Goldman Sachs Group reduced their price target on AutoZone from $4,345.00 to $4,096.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, AutoZone presently has a consensus rating of “Moderate Buy” and a consensus target price of $4,040.87.

AutoZone News Roundup

Here are the key news stories impacting AutoZone this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for AutoZone to $150.59 from $149.47, slightly above the consensus estimate of $150.18, suggesting the company may still meet or modestly beat current-year expectations.
• Neutral Sentiment: AutoZone’s recent earnings surprise remains a focal point for investors, with commentary suggesting the company outperformed expectations this quarter, helping support the longer-term bull case. What’s Behind AutoZone’s Earnings Surprise This Quarter?
• Negative Sentiment: Zacks Research trimmed multiple future EPS forecasts for AutoZone, including Q2 2027, Q3 2027, Q4 2027, Q1 2028, Q2 2028, Q3 2028, FY2027, and FY2028. That pattern suggests analysts see some moderation in earnings momentum over the medium term.

Insider Activity

In related news, Director Brian Hannasch acquired 165 shares of AutoZone stock in a transaction that occurred on Friday, May 29th. The shares were purchased at an average cost of $2,987.00 per share, for a total transaction of $492,855.00. Following the acquisition, the director owned 1,219 shares in the company, valued at approximately $3,641,153. This represents a 15.65% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Earl G. Graves, Jr. sold 50 shares of the business’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $3,478.72, for a total transaction of $173,936.00. Following the completion of the sale, the director owned 4,837 shares in the company, valued at approximately $16,826,568.64. This trade represents a 1.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.60% of the stock is currently owned by insiders.

About AutoZone

AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.

AutoZone serves both do‑it‑yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.