Kentucky Retirement Systems Insurance Trust Fund lowered its holdings in AutoZone, Inc. (NYSE:AZO - Free Report) by 59.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 491 shares of the company's stock after selling 714 shares during the quarter. Kentucky Retirement Systems Insurance Trust Fund's holdings in AutoZone were worth $1,872,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of the business. Brighton Jones LLC grew its holdings in shares of AutoZone by 14.4% during the fourth quarter. Brighton Jones LLC now owns 111 shares of the company's stock valued at $356,000 after buying an additional 14 shares during the last quarter. Union Bancaire Privee UBP SA bought a new position in AutoZone in the 4th quarter valued at about $10,030,000. Principal Securities Inc. boosted its stake in AutoZone by 62.7% during the 4th quarter. Principal Securities Inc. now owns 122 shares of the company's stock valued at $391,000 after purchasing an additional 47 shares during the last quarter. Global Retirement Partners LLC increased its holdings in AutoZone by 23.1% during the 4th quarter. Global Retirement Partners LLC now owns 48 shares of the company's stock worth $154,000 after purchasing an additional 9 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its holdings in AutoZone by 1.9% during the 4th quarter. Concurrent Investment Advisors LLC now owns 213 shares of the company's stock worth $682,000 after purchasing an additional 4 shares in the last quarter. Institutional investors and hedge funds own 92.74% of the company's stock.
Insiders Place Their Bets
In other AutoZone news, SVP K. Michelle Borninkhof sold 750 shares of the stock in a transaction on Friday, June 20th. The stock was sold at an average price of $3,597.13, for a total transaction of $2,697,847.50. Following the sale, the senior vice president now owns 406 shares in the company, valued at $1,460,434.78. This represents a 64.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Domingo Hurtado sold 4,800 shares of AutoZone stock in a transaction on Tuesday, April 22nd. The shares were sold at an average price of $3,660.00, for a total value of $17,568,000.00. Following the completion of the transaction, the vice president now owns 159 shares of the company's stock, valued at approximately $581,940. This trade represents a 96.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 35,662 shares of company stock worth $131,999,089 over the last quarter. 2.10% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on AZO shares. Wedbush reaffirmed an "outperform" rating and set a $3,700.00 target price on shares of AutoZone in a research report on Wednesday, March 5th. Truist Financial set a $3,995.00 price objective on AutoZone in a research note on Friday, May 23rd. Raymond James Financial reiterated a "strong-buy" rating on shares of AutoZone in a research note on Wednesday, May 28th. Argus downgraded shares of AutoZone from a "buy" rating to a "hold" rating in a report on Wednesday, March 5th. Finally, Wall Street Zen upgraded shares of AutoZone from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. Two analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $4,072.24.
Check Out Our Latest Report on AutoZone
AutoZone Stock Performance
NYSE AZO traded up $30.94 on Thursday, hitting $3,520.48. 204,154 shares of the stock traded hands, compared to its average volume of 129,494. The business's fifty day moving average is $3,694.65 and its two-hundred day moving average is $3,530.39. AutoZone, Inc. has a 12 month low of $2,801.49 and a 12 month high of $3,916.81. The firm has a market capitalization of $59.07 billion, a price-to-earnings ratio of 23.83, a PEG ratio of 2.09 and a beta of 0.40.
AutoZone (NYSE:AZO - Get Free Report) last posted its quarterly earnings results on Tuesday, May 27th. The company reported $35.36 earnings per share for the quarter, missing the consensus estimate of $37.07 by ($1.71). AutoZone had a negative return on equity of 56.07% and a net margin of 13.56%. The firm had revenue of $4.46 billion for the quarter, compared to the consensus estimate of $4.41 billion. During the same quarter in the previous year, the company posted $36.69 EPS. The firm's revenue was up 5.4% compared to the same quarter last year. Analysts expect that AutoZone, Inc. will post 152.94 EPS for the current fiscal year.
About AutoZone
(
Free Report)
AutoZone, Inc retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.
Featured Stories

Before you consider AutoZone, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AutoZone wasn't on the list.
While AutoZone currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.