Fox Run Management L.L.C. Purchases New Shares in AutoZone, Inc. $AZO

Fox Run Management L.L.C. purchased a new stake in shares of AutoZone, Inc. (NYSE:AZO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 256 shares of the company’s stock, valued at approximately $868,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Camden National Bank grew its position in AutoZone by 3.6% during the third quarter. Camden National Bank now owns 86 shares of the company’s stock valued at $369,000 after buying an additional 3 shares during the period. Crestwood Advisors Group LLC grew its position in AutoZone by 1.7% during the third quarter. Crestwood Advisors Group LLC now owns 184 shares of the company’s stock valued at $791,000 after buying an additional 3 shares during the period. Assetmark Inc. grew its position in AutoZone by 1.4% during the third quarter. Assetmark Inc. now owns 212 shares of the company’s stock valued at $908,000 after buying an additional 3 shares during the period. Bridgewater Advisors Inc. grew its position in AutoZone by 1.3% during the third quarter. Bridgewater Advisors Inc. now owns 229 shares of the company’s stock valued at $982,000 after buying an additional 3 shares during the period. Finally, Compass Capital Corp MA ADV grew its position in AutoZone by 3.7% during the third quarter. Compass Capital Corp MA ADV now owns 85 shares of the company’s stock valued at $365,000 after buying an additional 3 shares during the period. Institutional investors and hedge funds own 92.74% of the company’s stock.

AutoZone Trading Down 0.7%

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

AutoZone (NYSE:AZO) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $38.07 earnings per share for the quarter, topping the consensus estimate of $36.22 by $1.85. AutoZone had a net margin of 12.40% and a negative return on equity of 80.35%. The firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.86 billion. During the same period last year, the firm posted $35.36 earnings per share. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. On average, analysts expect that AutoZone, Inc. will post 150.26 earnings per share for the current year.

Trending Headlines about AutoZone

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 Transactions at AutoZone

In other news, Director Brian Hannasch bought 165 shares of AutoZone stock in a transaction on Friday, May 29th. The shares were bought at an average cost of $2,987.00 per share, with a total value of $492,855.00. Following the completion of the purchase, the director directly owned 1,219 shares of the company’s stock, valued at approximately $3,641,153. This trade represents a 15.65% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Earl G. Graves, Jr. sold 50 shares of AutoZone stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $3,478.72, for a total transaction of $173,936.00. Following the transaction, the director directly owned 4,837 shares in the company, valued at $16,826,568.64. This trade represents a 1.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.60% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

AZO has been the topic of several analyst reports. UBS Group set a $4,800.00 price target on shares of AutoZone in a research report on Tuesday, March 3rd. Roth Mkm dropped their price target on shares of AutoZone from $4,526.00 to $4,023.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. The Goldman Sachs Group decreased their price objective on shares of AutoZone from $4,345.00 to $4,096.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Weiss Ratings raised shares of AutoZone from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 27th. Finally, Citigroup decreased their price objective on shares of AutoZone from $4,300.00 to $3,700.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $4,040.87.

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.