Advisors Capital Management LLC acquired a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 44,306 shares of the specialty retailer's stock, valued at approximately $4,080,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Sivia Capital Partners LLC grew its holdings in O'Reilly Automotive by 1,190.5% during the second quarter. Sivia Capital Partners LLC now owns 3,536 shares of the specialty retailer's stock worth $319,000 after acquiring an additional 3,262 shares during the period. NewEdge Advisors LLC grew its stake in shares of O'Reilly Automotive by 1,473.8% during the 2nd quarter. NewEdge Advisors LLC now owns 69,482 shares of the specialty retailer's stock worth $6,262,000 after purchasing an additional 65,067 shares during the period. Sei Investments Co. grew its stake in shares of O'Reilly Automotive by 383.1% during the 2nd quarter. Sei Investments Co. now owns 560,353 shares of the specialty retailer's stock worth $50,502,000 after purchasing an additional 444,371 shares during the period. BNP Paribas increased its holdings in O'Reilly Automotive by 1,400.0% in the second quarter. BNP Paribas now owns 390 shares of the specialty retailer's stock valued at $35,000 after buying an additional 364 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of O'Reilly Automotive by 1,357.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 498,745 shares of the specialty retailer's stock valued at $44,950,000 after acquiring an additional 464,536 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.
O'Reilly Automotive Trading Up 0.0%
Shares of ORLY stock opened at $89.11 on Friday. The company's fifty day simple moving average is $88.91 and its 200-day simple moving average is $91.07. O'Reilly Automotive, Inc. has a 52 week low of $82.59 and a 52 week high of $108.71. The company has a market cap of $72.09 billion, a PE ratio of 28.38, a P/E/G ratio of 1.95 and a beta of 0.51.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 EPS for the quarter, meeting the consensus estimate of $0.86. The business had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.86 billion. O'Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The company's revenue was up 8.1% on a year-over-year basis. During the same period last year, the business posted $0.78 EPS. O'Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Equities research analysts expect that O'Reilly Automotive, Inc. will post 3.27 EPS for the current fiscal year.
Insiders Place Their Bets
In other O'Reilly Automotive news, Director Maria Sastre sold 2,000 shares of the company's stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total value of $183,700.00. Following the transaction, the director directly owned 14,970 shares of the company's stock, valued at $1,374,994.50. This represents a 11.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Christopher Andrew Mancini sold 3,000 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total value of $279,000.00. Following the transaction, the senior vice president owned 189 shares of the company's stock, valued at approximately $17,577. This trade represents a 94.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 6,200 shares of company stock worth $568,684 in the last three months. 0.77% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on the company. Weiss Ratings raised O'Reilly Automotive from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, August 12th. Wells Fargo & Company set a $100.00 price objective on O'Reilly Automotive in a report on Friday, July 24th. Truist Financial set a $108.00 target price on O'Reilly Automotive in a research report on Thursday, April 30th. Mizuho upped their target price on O'Reilly Automotive from $105.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, May 8th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of O'Reilly Automotive in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, O'Reilly Automotive presently has an average rating of "Moderate Buy" and an average price target of $107.24.
Check Out Our Latest Stock Analysis on ORLY
O'Reilly Automotive Profile
(
Free Report)
O'Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company's product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O'Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.
The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.
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