AlphaQuest LLC Reduces Stock Position in AutoZone, Inc. $AZO

AlphaQuest LLC reduced its position in shares of AutoZone, Inc. (NYSE:AZO) by 29.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 470 shares of the company’s stock after selling 192 shares during the period. AlphaQuest LLC’s holdings in AutoZone were worth $1,594,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Allstate Corp lifted its holdings in AutoZone by 108.9% in the fourth quarter. Allstate Corp now owns 1,247 shares of the company’s stock worth $4,229,000 after buying an additional 650 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in AutoZone by 21.7% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 28 shares of the company’s stock worth $95,000 after buying an additional 5 shares during the period. Choate Investment Advisors lifted its holdings in AutoZone by 4.5% in the fourth quarter. Choate Investment Advisors now owns 304 shares of the company’s stock worth $1,031,000 after buying an additional 13 shares during the period. Clearstead Trust LLC lifted its holdings in AutoZone by 62.5% in the fourth quarter. Clearstead Trust LLC now owns 26 shares of the company’s stock worth $88,000 after buying an additional 10 shares during the period. Finally, CYBER HORNET ETFs LLC lifted its holdings in AutoZone by 10.9% in the fourth quarter. CYBER HORNET ETFs LLC now owns 51 shares of the company’s stock worth $173,000 after buying an additional 5 shares during the period. 92.74% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Earl G. Graves, Jr. sold 50 shares of AutoZone stock in a transaction that occurred on 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 transaction, the director directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.60% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on AZO. BMO Capital Markets lowered their price objective on shares of AutoZone from $4,300.00 to $4,000.00 and set an “outperform” rating for the company in a report on Wednesday. JPMorgan Chase & Co. lowered their price objective on shares of AutoZone from $4,300.00 to $3,850.00 and set an “overweight” rating for the company in a report on Wednesday. DA Davidson set a $3,750.00 price objective on shares of AutoZone in a report on Wednesday. Oppenheimer restated an “outperform” rating and issued a $4,300.00 price objective (up from $4,150.00) on shares of AutoZone in a report on Tuesday, March 10th. Finally, Robert W. Baird lowered their price objective on shares of AutoZone from $3,900.00 to $3,600.00 and set a “neutral” rating for the company in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, AutoZone currently has a consensus rating of “Moderate Buy” and a consensus target price of $4,070.83.

Key Headlines Impacting AutoZone

Here are the key news stories impacting AutoZone this week:

• Positive Sentiment: AutoZone reported a solid EPS beat and strong sales growth, with commercial sales up 10.4% and domestic same-store sales up 4.1%. AutoZone Q3 Earnings Beat Estimates on Strong Sales Growth
• Positive Sentiment: Analysts generally remain constructive on AZO, with several firms keeping Buy/Overweight ratings despite trimming price targets. AutoZone Analysts Slash Their Forecasts Following Q3 Results
• Neutral Sentiment: AutoZone’s earnings call and presentation highlighted ongoing sales momentum but also flagged margin pressure and accounting headwinds. AutoZone (AZO) Q3 2026 Earnings Call Transcript
• Neutral Sentiment: The company announced same-store sales gains of 3.9% overall and 4.1% domestically, reinforcing steady underlying demand. AutoZone 3rd Quarter Total Company Same Store Sales Increase 3.9%; Domestic Same Store Sales Increase 4.1%; EPS of $38.07
• Negative Sentiment: AZO shares are being hit because revenue missed estimates and gross margin narrowed, sparking a sharp post-earnings selloff. AutoZone Stock Is Plummeting Despite Strong Earnings. Here’s Why.
• Negative Sentiment: Several major banks lowered their price targets after the quarter, reflecting concern about margins and the near-term outlook. AutoZone Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

AutoZone Stock Performance

AZO stock opened at $3,030.35 on Thursday. The firm has a 50 day moving average price of $3,438.99 and a 200-day moving average price of $3,575.13. AutoZone, Inc. has a 52-week low of $2,986.01 and a 52-week high of $4,388.11. The firm has a market capitalization of $49.94 billion, a price-to-earnings ratio of 21.23, a PEG ratio of 1.58 and a beta of 0.43.

AutoZone (NYSE:AZO) last released its earnings results 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. AutoZone had a net margin of 12.47% and a negative return on equity of 72.31%. The firm had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period last year, the business earned $35.36 earnings per share. The business’s revenue was up 8.4% on a year-over-year basis. As a group, sell-side analysts forecast that AutoZone, Inc. will post 149.35 earnings per share for the current fiscal year.

AutoZone Profile

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.