Fox Run Management L.L.C. Invests $868,000 in AutoZone, Inc. $AZO

Fox Run Management L.L.C. purchased a new position in AutoZone, Inc. (NYSE:AZO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 256 shares of the company’s stock, valued at approximately $868,000.

Several other hedge funds have also recently modified their holdings of the business. CenterBook Partners LP purchased a new stake in shares of AutoZone in the 4th quarter worth approximately $2,618,000. Manchester Capital Management LLC lifted its position in shares of AutoZone by 22.0% in the 4th quarter. Manchester Capital Management LLC now owns 227 shares of the company’s stock worth $770,000 after purchasing an additional 41 shares during the period. Krane Funds Advisors LLC purchased a new stake in shares of AutoZone in the 4th quarter worth approximately $1,357,000. Arrowroot Family Office LLC lifted its position in shares of AutoZone by 5.4% in the 4th quarter. Arrowroot Family Office LLC now owns 59 shares of the company’s stock worth $200,000 after purchasing an additional 3 shares during the period. Finally, Syon Capital LLC lifted its position in shares of AutoZone by 9.4% in the 4th quarter. Syon Capital LLC now owns 348 shares of the company’s stock worth $1,180,000 after purchasing an additional 30 shares during the period. Hedge funds and other institutional investors own 92.74% of the company’s stock.

Wall Street Analyst Weigh In

AZO has been the subject of several research reports. Mizuho lowered their price target on shares of AutoZone from $3,600.00 to $3,200.00 and set a “neutral” rating for the company in a research report on Wednesday, May 27th. Argus raised shares of AutoZone from a “hold” rating to a “buy” rating and set a $4,325.00 target price for the company in a research report on Monday, March 9th. Jefferies Financial Group decreased their target price on shares of AutoZone from $4,400.00 to $4,000.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Barclays increased their target price on shares of AutoZone from $3,800.00 to $3,900.00 and gave the company an “overweight” rating in a research report on Wednesday, March 4th. Finally, Robert W. Baird decreased their target price on shares of AutoZone from $3,900.00 to $3,600.00 and set a “neutral” rating for the company in a research report on Wednesday, May 27th. One equities 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 an average price target of $4,040.87.

Insiders Place Their Bets

In other news, Director Earl G. Graves, Jr. sold 50 shares of the stock in a transaction on Friday, April 10th. The shares were sold at an average price of $3,478.72, for a total value of $173,936.00. Following the sale, the director owned 4,837 shares in the company, valued at $16,826,568.64. This represents a 1.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Brian Hannasch acquired 165 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was acquired at an average price of $2,987.00 per share, for a total transaction of $492,855.00. Following 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. Additional details regarding this purchase are available in the official SEC disclosure. 2.60% of the stock is owned by corporate insiders.

AutoZone News Summary

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.

AutoZone Trading Down 0.7%

NYSE AZO opened at $3,114.30 on Thursday. The stock 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 12-month low of $2,928.11 and a 12-month high of $4,388.11. The company has a fifty day simple moving average of $3,379.31 and a two-hundred day simple moving average of $3,522.92.

AutoZone (NYSE:AZO) last released its quarterly earnings data on Tuesday, May 26th. The company reported $38.07 earnings per share for the quarter, topping analysts’ consensus estimates 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%. The business’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $35.36 earnings per share. As a group, sell-side analysts forecast that AutoZone, Inc. will post 150.26 earnings per share for the current year.

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.