Stance Capital LLC Sells 873 Shares of AutoZone, Inc. $AZO

Stance Capital LLC lowered its position in shares of AutoZone, Inc. (NYSE:AZO) by 68.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 394 shares of the company’s stock after selling 873 shares during the quarter. Stance Capital LLC’s holdings in AutoZone were worth $1,336,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new stake in shares of AutoZone during the 4th quarter valued at $939,205,000. Morgan Stanley boosted its holdings in AutoZone by 17.8% in the 4th quarter. Morgan Stanley now owns 492,794 shares of the company’s stock worth $1,671,323,000 after buying an additional 74,555 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in AutoZone by 387.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 77,792 shares of the company’s stock worth $263,832,000 after buying an additional 61,821 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in AutoZone by 39.5% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 176,986 shares of the company’s stock worth $584,730,000 after buying an additional 50,071 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in AutoZone by 80.8% during the third quarter. AQR Capital Management LLC now owns 101,185 shares of the company’s stock valued at $432,059,000 after acquiring an additional 45,212 shares during the period. 92.74% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other AutoZone news, Director Earl G. Graves, Jr. sold 50 shares of AutoZone stock in a transaction that occurred on Friday, April 10th. The stock was 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 of the company’s stock, valued at $16,826,568.64. The trade was a 1.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Brian Hannasch acquired 165 shares of the firm’s stock in a transaction dated 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 completion of the acquisition, the director directly 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. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 2.60% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AZO shares. TD Cowen restated a “buy” rating and issued a $3,700.00 price objective on shares of AutoZone in a research report on Thursday, June 4th. Evercore reissued an “outperform” rating on shares of AutoZone in a research note on Tuesday, May 26th. Jefferies Financial Group lowered 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. UBS Group set a $4,800.00 price target on AutoZone in a research note on Tuesday, March 3rd. Finally, Morgan Stanley cut their price objective on shares of AutoZone from $4,020.00 to $3,605.00 and set an “overweight” rating for the company in a report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $4,040.87.

Key Headlines Impacting AutoZone

Here are the key news stories impacting AutoZone this week:

• Positive Sentiment: Zacks Research lifted AutoZone’s FY2026 EPS estimate to $151.37 from $150.59, slightly above the current consensus, suggesting steady near-term earnings strength.
• Positive Sentiment: The firm also raised FY2027 EPS to $174.73, Q4 2027 EPS to $61.70, and FY2028 EPS to $197.32, pointing to continued long-term earnings growth.
• Positive Sentiment: Several quarterly estimates were increased, including Q1 2027, Q4 2026, Q1 2028, Q2 2028, and Q3 2028, reinforcing the view that analysts see AutoZone delivering stronger-than-expected results over time.
• Neutral Sentiment: Despite the optimistic estimate revisions, the stock remains well below its 52-week high, so investor sentiment may still be tempered by valuation and broader market positioning.
• Negative Sentiment: Zacks also trimmed one estimate — Q2 2027 EPS was lowered to $32.61 from $32.78 — which is a small offset to the otherwise positive revisions.

AutoZone Stock Down 0.0%

Shares of AutoZone stock opened at $3,064.22 on Monday. AutoZone, Inc. has a twelve month low of $2,928.11 and a twelve month high of $4,388.11. The business has a 50-day moving average price of $3,333.73 and a 200-day moving average price of $3,481.20. The firm has a market cap of $50.04 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 1.55 and a beta of 0.35.

AutoZone (NYSE:AZO) last posted its earnings results on Tuesday, May 26th. The company reported $38.07 EPS for the quarter, topping analysts’ consensus estimates of $36.22 by $1.85. AutoZone had a negative return on equity of 80.35% and a net margin of 12.40%.The company had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.86 billion. During the same period in the previous year, the business earned $35.36 earnings per share. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. On average, equities analysts expect that AutoZone, Inc. will post 150.51 EPS for the current fiscal year.

AutoZone declared that its Board of Directors has approved a share repurchase program on Tuesday, June 16th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the company to repurchase up to 3% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

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.