Banco Bilbao Vizcaya Argentaria S.A. Increases Stake in AutoZone

The Spanish bank grows its position in the auto parts retailer by 6.6% in the third quarter.

Mar. 16, 2026 at 8:19am

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Banco Bilbao Vizcaya Argentaria S.A. (BBVA), a major Spanish bank, increased its stake in AutoZone, Inc. (NYSE: AZO) by 6.6% during the third quarter of 2026, according to a recent SEC filing. BBVA now owns 4,966 shares of the auto parts retailer's stock, valued at $21,315,000.

Why it matters

The increase in BBVA's position in AutoZone reflects the bank's confidence in the company's performance and growth potential. As a major institutional investor, BBVA's investment decisions can provide insights into the broader market sentiment around AutoZone and the auto parts industry.

The details

According to the SEC filing, BBVA purchased an additional 306 shares of AutoZone during the third quarter, bringing its total position to 4,966 shares. AutoZone is a leading retailer and distributor of automotive replacement parts and accessories, serving both do-it-yourself consumers and commercial customers.

  • BBVA increased its stake in AutoZone during the third quarter of 2026.

The players

Banco Bilbao Vizcaya Argentaria S.A.

A major Spanish bank and financial services group.

AutoZone, Inc.

A leading retailer and distributor of automotive replacement parts and accessories.

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The takeaway

BBVA's increased stake in AutoZone suggests the bank sees long-term growth potential in the auto parts industry, which could be a positive sign for the broader market's outlook on the sector.