AutoZone, Inc. $AZO Shares Sold by Grandfield & Dodd LLC

Posted by Brenda Bartman on May 31st, 2026

AutoZone logo Grandfield & Dodd LLC reduced its stake in shares of AutoZone, Inc. (NYSE:AZO – Free Report) by 5.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,605 shares of the company’s stock after selling 244 shares during the quarter. Grandfield & Dodd LLC’s holdings in AutoZone were worth $15,618,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. SYM FINANCIAL Corp lifted its stake in shares of AutoZone by 3.6% during the third quarter. SYM FINANCIAL Corp now owns 86 shares of the company’s stock worth $369,000 after buying an additional 3 shares during the period. Camden National Bank lifted its stake in shares of AutoZone by 3.6% during the third quarter. Camden National Bank now owns 86 shares of the company’s stock worth $369,000 after buying an additional 3 shares during the period. Crestwood Advisors Group LLC lifted its stake in shares of AutoZone by 1.7% during the third quarter. Crestwood Advisors Group LLC now owns 184 shares of the company’s stock worth $791,000 after buying an additional 3 shares during the period. Assetmark Inc. lifted its stake in shares of AutoZone by 1.4% during the third quarter. Assetmark Inc. now owns 212 shares of the company’s stock worth $908,000 after buying an additional 3 shares during the period. Finally, Bridgewater Advisors Inc. lifted its position in AutoZone by 1.3% during the third quarter. Bridgewater Advisors Inc. now owns 229 shares of the company’s stock valued at $982,000 after purchasing an additional 3 shares during the period. 92.74% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Brian Hannasch acquired 165 shares of the business’s stock in a transaction on Friday, May 29th. The stock was bought 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 approximately $3,641,153. This represents a 15.65% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Earl G. Graves, Jr. sold 50 shares of AutoZone stock in a transaction 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 of the company’s stock, valued at $16,826,568.64. The trade was a 1.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.60% of the stock is currently owned by insiders.

AutoZone Stock Performance

AZO opened at $2,936.42 on Friday. AutoZone, Inc. has a fifty-two week low of $2,931.65 and a fifty-two week high of $4,388.11. The company has a fifty day moving average of $3,421.80 and a two-hundred day moving average of $3,565.71. The stock has a market capitalization of $48.39 billion, a price-to-earnings ratio of 20.57, a PEG ratio of 1.49 and a beta of 0.43.

AutoZone (NYSE:AZO – Get Free Report) last released its quarterly earnings data on Tuesday, May 26th. The company reported $38.07 earnings per share for the quarter, beating analysts’ consensus estimates of $36.22 by $1.85. AutoZone had a net margin of 12.47% and a negative return on equity of 72.31%. The company had revenue of $4.84 billion during the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter in the previous year, the company 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 research analysts forecast that AutoZone, Inc. will post 150.54 earnings per share for the current year.

AutoZone News Summary

Here are the key news stories impacting AutoZone this week:

Positive Sentiment: Several brokerages, including Guggenheim and TD Cowen, reiterated bullish ratings on AutoZone, and other analysts still see meaningful upside despite the selloff.
Positive Sentiment: AutoZone reported 8.4% year-over-year revenue growth and management said commercial momentum remains strong, with plans to open 355 to 365 new locations this fiscal year.
Neutral Sentiment: Analyst updates lowered price targets, including moves from Jefferies and BNP Paribas Exane, but both firms kept positive ratings, signaling reduced optimism rather than a bearish call.
Neutral Sentiment: Market commentary suggests investors are weighing whether the post-earnings decline has created a buying opportunity or whether the stock could fall further from current levels.
Negative Sentiment: AutoZone’s latest results fell short of revenue expectations, which triggered the stock’s decline as investors focused on the miss rather than the EPS beat. Article: Why AutoZone Stock Slumped This Week
Negative Sentiment: Some reports say the stock is sliding because investors are concerned that late-quarter softness may point to slowing momentum, despite management’s explanation that weather impacted results.

Wall Street Analyst Weigh In

AZO has been the subject of a number of research reports. TD Cowen decreased their target price on shares of AutoZone from $4,250.00 to $3,700.00 and set a “buy” rating for the company in a research report on Wednesday. Roth Mkm decreased their target price on shares of AutoZone from $4,526.00 to $4,023.00 and set a “buy” rating for the company in a research report on Wednesday. Oppenheimer restated an “outperform” rating and set a $4,300.00 target price (up from $4,150.00) on shares of AutoZone in a research report on Tuesday, March 10th. Citigroup decreased their target price on shares of AutoZone from $4,300.00 to $3,700.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, BMO Capital Markets decreased their target price on shares of AutoZone from $4,300.00 to $4,000.00 and set an “outperform” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, AutoZone currently has a consensus rating of “Moderate Buy” and a consensus target price of $4,040.87.

Get Our Latest Report on AutoZone

AutoZone Profile

(Free Report)

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.