Signet Private Wealth LLC Purchases New Position in AutoZone, Inc. $AZO

Signet Private Wealth LLC purchased a new stake in AutoZone, Inc. (NYSE:AZO) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 173 shares of the company’s stock, valued at approximately $587,000.

Several other hedge funds have also recently bought and sold shares of the stock. Zions Bancorporation National Association UT boosted its holdings in shares of AutoZone by 73.8% during the fourth quarter. Zions Bancorporation National Association UT now owns 73 shares of the company’s stock worth $248,000 after acquiring an additional 31 shares during the period. Brandes Investment Partners LP increased its stake in shares of AutoZone by 7.5% during the fourth quarter. Brandes Investment Partners LP now owns 11,417 shares of the company’s stock worth $38,747,000 after purchasing an additional 792 shares during the period. Fox Run Management L.L.C. acquired a new stake in AutoZone during the 4th quarter worth approximately $868,000. CenterBook Partners LP acquired a new stake in AutoZone during the 4th quarter worth approximately $2,618,000. Finally, Manchester Capital Management LLC boosted its stake in AutoZone by 22.0% in the 4th quarter. Manchester Capital Management LLC now owns 227 shares of the company’s stock valued at $770,000 after purchasing an additional 41 shares during the period. 92.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Brian Hannasch bought 165 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was purchased at an average price of $2,987.00 per share, with a total value of $492,855.00. Following the completion of the acquisition, the director owned 1,219 shares of the company’s stock, valued at $3,641,153. The trade was a 15.65% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Earl G. Graves, Jr. sold 50 shares of the firm’s 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 sale, the director owned 4,837 shares in the company, valued at approximately $16,826,568.64. The trade was a 1.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.60% of the company’s stock.

AutoZone Price Performance

Shares of AZO opened at $3,114.30 on Thursday. The firm has a 50 day simple moving average of $3,379.31 and a two-hundred day simple moving average of $3,522.92. AutoZone, Inc. has a one year low of $2,928.11 and a one year high of $4,388.11. 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 (NYSE:AZO) last issued its quarterly 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 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 analyst estimates of $4.86 billion. During the same quarter last year, the company posted $35.36 EPS. The company’s revenue for the quarter was up 8.4% compared to the same quarter last year. On average, analysts expect that AutoZone, Inc. will post 150.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on AZO. Guggenheim decreased their price objective 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. Raymond James Financial reissued a “strong-buy” rating on shares of AutoZone in a research report on Wednesday, May 27th. Roth Mkm decreased 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 note on Wednesday, May 27th. The Goldman Sachs Group lowered their price target on shares of AutoZone from $4,345.00 to $4,096.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Finally, BMO Capital Markets dropped 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 research note on Wednesday, May 27th. One 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 MarketBeat, the company presently 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 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 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.