Annex Advisory Services LLC Sells 372,570 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Annex Advisory Services cut its O'Reilly Automotive position by 87.9%, selling 372,570 shares in the third quarter and retaining 51,088 shares valued at approximately $4.36 million. Institutional investors collectively own about 85% of the company.
• Wall Street remains broadly positive, with 16 analysts rating the stock a Buy and four rating it a Hold. O'Reilly has a consensus “Moderate Buy” rating and an average price target of $107.26.
• O'Reilly reported quarterly earnings of $0.86 per share, in line with estimates, while revenue rose 8.1% year over year to $4.89 billion. The stock opened at $89.27, near its 50-day and 200-day moving averages.

Annex Advisory Services LLC trimmed its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 87.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,088 shares of the specialty retailer's stock after selling 372,570 shares during the quarter. Annex Advisory Services LLC's holdings in O'Reilly Automotive were worth $4,363,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC grew its position in shares of O'Reilly Automotive by 6.7% in the 3rd quarter. V Square Quantitative Management LLC now owns 17,940 shares of the specialty retailer's stock valued at $1,532,000 after buying an additional 1,121 shares during the last quarter. Davidson Capital Management Inc. grew its holdings in shares of O'Reilly Automotive by 3.0% in the 3rd quarter. Davidson Capital Management Inc. now owns 60,981 shares of the specialty retailer's stock worth $5,208,000 after acquiring an additional 1,748 shares during the period. AdvisorNet Financial Inc raised its position in shares of O'Reilly Automotive by 119.6% during the 3rd quarter. AdvisorNet Financial Inc now owns 2,943 shares of the specialty retailer's stock worth $255,000 after purchasing an additional 1,603 shares during the last quarter. Community Financial Services Group LLC lifted its position in shares of O'Reilly Automotive by 0.4% in the third quarter. Community Financial Services Group LLC now owns 48,132 shares of the specialty retailer's stock valued at $4,093,000 after acquiring an additional 181 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of O'Reilly Automotive by 73.1% during the third quarter. Assenagon Asset Management S.A. now owns 7,251,056 shares of the specialty retailer's stock worth $619,313,000 after purchasing an additional 3,061,855 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Citigroup reissued a "buy" rating and issued a $106.00 price objective (up from $104.00) on shares of O'Reilly Automotive in a research report on Monday, August 3rd. BNP Paribas Exane decreased their price target on O'Reilly Automotive from $116.00 to $115.00 and set an "outperform" rating for the company in a research note on Friday, July 31st. Robert W. Baird set a $100.00 price objective on O'Reilly Automotive and gave the stock a "neutral" rating in a research note on Friday, July 31st. DA Davidson reissued a "buy" rating and issued a $106.00 price objective on shares of O'Reilly Automotive in a research note on Wednesday, September 16th. Finally, Morgan Stanley decreased their price target on O'Reilly Automotive from $112.00 to $108.00 and set an "overweight" rating for the company in a research note on Thursday, July 30th. Sixteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $107.26.

Insider Buying and Selling at O'Reilly Automotive

In other news, SVP Christopher Mancini sold 3,000 shares of the company's stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total transaction of $279,000.00. Following the transaction, the senior vice president directly owned 189 shares of the company's stock, valued at $17,577. This represents a 94.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Maria Sastre sold 2,000 shares of the business's stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total transaction of $183,700.00. Following the transaction, the director owned 14,970 shares in the company, valued at approximately $1,374,994.50. This trade represents a 11.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 6,000 shares of company stock valued at $550,530. 0.77% of the stock is currently owned by company insiders.

O'Reilly Automotive Stock Performance

NASDAQ ORLY opened at $89.27 on Friday. O'Reilly Automotive, Inc. has a 52 week low of $82.59 and a 52 week high of $102.46. The stock has a market capitalization of $72.22 billion, a price-to-earnings ratio of 28.43, a PEG ratio of 2.19 and a beta of 0.54. The stock's 50 day moving average price is $87.43 and its two-hundred day moving average price is $89.25.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The specialty retailer reported $0.86 EPS for the quarter, meeting the consensus estimate of $0.86. The firm had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.86 billion. O'Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The company's quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.78 earnings per share. O'Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, equities research analysts forecast that O'Reilly Automotive, Inc. will post 3.28 EPS for the current year.

O'Reilly Automotive Profile

O'Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves do-it-yourself customers as well as professional automotive service providers, offering products for vehicle maintenance, repair and customization.

Its merchandise includes replacement parts such as brakes, batteries, filters and engine components, along with lubricants, shop equipment, tools, accessories and related products. O'Reilly also provides services such as parts lookup, battery testing and recycling, loaner tools, and delivery to professional customers.

Founded in 1957 by the O'Reilly family in Springfield, Missouri, the company has grown from a single store into a large retail and distribution network serving customers throughout the United States and Mexico.

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