AutoZone stock slips after a $335 million stake filing
Published on 08/22/2026 at 14:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
AutoZone Inc. (US0533321024) is drawing attention after a filing showed Bank of New York Mellon bought 104,870 shares valued at $335,157,000, while the stock closed at $2,961.99 on August 20, 2026.
The same filing said the position represented 0.64% of AutoZone at the end of the most recent quarter, and the shares opened at $2,960.64 on the latest quoted session. That combination keeps the market cap and ownership data in view at the same time.
Ownership and valuation
The filing also put AutoZone's market capitalization at $48.35 billion, with a P/E ratio of 20.36 and a beta of 0.33. Its 12-month range runs from $2,902.20 to $4,388.11, framing the current price against a wide swing.
For context, the most recent quarterly report available in the source set showed revenue of $4.84 billion and EPS of $38.07 for the quarter ended May 26, 2026, versus revenue estimates of $4.86 billion and EPS estimates of $36.22. Revenue rose 8.4% year over year, which gives the latest operating backdrop a concrete comparison point.
What the numbers say
Consensus data in the same filing pointed to 150.39 earnings per share for the current year, while another summary listed a consensus price target of $4,029.43 and a Moderate Buy rating. That target sits well above the latest close and shows how much analysts still expect from the business.
AutoZone's board also authorized a $1.50 billion share buyback on June 16, 2026, equal to up to 3% of the shares outstanding. The capital return decision adds a second dated figure to the setup and gives investors another way to read management's confidence.
Auto parts demand
AutoZone remains a retailer and distributor of automotive replacement parts and accessories, serving do-it-yourself customers and commercial repair shops. Its assortment includes batteries, brakes, filters, fluids and other maintenance items that tend to drive recurring demand.
Shares and setup
AutoZone stock traded at $2,961.99 on August 20, 2026, after a daily move of -3.73%, and the session's range ran from $2,903.57 to $3,010.00. The stock's average daily volume is 346,356 shares, which helps frame how active the name remains.
Fact box
Company: AutoZone Inc.
ISIN: US0533321024
Ticker: AZO
Exchange: NYSE
Price (as of August 20, 2026): $2,961.99 USD
Market cap: $48.35 billion
Sector / Industry: Consumer Discretionary / Specialty Retail
Index membership: S&P 500
