Argent Capital Management LLC Sells 17,168 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Argent Capital Management reduced its O'Reilly Automotive stake by 3.6%, selling 17,168 shares and ending the quarter with 461,025 shares valued at approximately $39.4 million. Institutional investors collectively own about 85% of the company.
• O'Reilly shares fell 1.8% to $83.35, near the stock’s 52-week low of $82.59. The company reported quarterly revenue growth of 8.1% year over year and matched analysts’ EPS estimate at $0.86.
• Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and an average price target of $106.50, despite some recent target reductions and a downgrade from Weiss Ratings.

Argent Capital Management LLC lessened its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 461,025 shares of the specialty retailer's stock after selling 17,168 shares during the period. O'Reilly Automotive comprises about 0.3% of Argent Capital Management LLC's portfolio, making the stock its 21st largest holding. Argent Capital Management LLC owned 0.06% of O'Reilly Automotive worth $39,376,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Mainstream Capital Management LLC grew its stake in O'Reilly Automotive by 0.9% in the 1st quarter. Mainstream Capital Management LLC now owns 12,630 shares of the specialty retailer's stock valued at $1,166,000 after acquiring an additional 109 shares during the period. Kohmann Bosshard Financial Services LLC lifted its holdings in O'Reilly Automotive by 54.3% during the first quarter. Kohmann Bosshard Financial Services LLC now owns 324 shares of the specialty retailer's stock valued at $30,000 after purchasing an additional 114 shares in the last quarter. Pointe Capital Management LLC grew its position in shares of O'Reilly Automotive by 1.2% in the second quarter. Pointe Capital Management LLC now owns 10,447 shares of the specialty retailer's stock valued at $962,000 after purchasing an additional 127 shares during the period. Louisbourg Investments Inc. grew its position in shares of O'Reilly Automotive by 49.2% in the first quarter. Louisbourg Investments Inc. now owns 391 shares of the specialty retailer's stock valued at $36,000 after purchasing an additional 129 shares during the period. Finally, Pittenger & Anderson Inc. increased its stake in shares of O'Reilly Automotive by 16.1% during the first quarter. Pittenger & Anderson Inc. now owns 1,045 shares of the specialty retailer's stock worth $96,000 after purchasing an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Trading Down 1.8%

NASDAQ:ORLY traded down $1.55 during trading hours on Monday, hitting $83.35. The company had a trading volume of 1,855,918 shares, compared to its average volume of 6,465,268. The company has a 50-day moving average of $88.39 and a 200 day moving average of $89.45. The company has a market cap of $67.43 billion, a P/E ratio of 26.58, a P/E/G ratio of 2.11 and a beta of 0.54. O'Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $105.23.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 EPS for the quarter, hitting the consensus estimate of $0.86. The business had revenue of $4.89 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.78 EPS. O'Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, analysts forecast that O'Reilly Automotive, Inc. will post 3.27 earnings per share for the current year.

Insider Transactions at O'Reilly Automotive

In other news, SVP Christopher Mancini sold 3,000 shares of O'Reilly Automotive stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total value of $279,000.00. Following the completion of the sale, the senior vice president directly owned 189 shares of the company's stock, valued at approximately $17,577. The trade was a 94.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas Hendrickson sold 1,000 shares of the business's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $87.83, for a total value of $87,830.00. Following the completion of the sale, the director owned 18,675 shares in the company, valued at $1,640,225.25. This represents a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,000 shares of company stock worth $550,530 over the last ninety days. Company insiders own 0.77% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on ORLY. Weiss Ratings downgraded O'Reilly Automotive from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, August 27th. The Goldman Sachs Group reissued a "buy" rating on shares of O'Reilly Automotive in a research note on Monday, August 3rd. Morgan Stanley decreased their price objective on O'Reilly Automotive from $112.00 to $108.00 and set an "overweight" rating on the stock in a report on Thursday, July 30th. TD Cowen lowered their target price on shares of O'Reilly Automotive from $117.00 to $110.00 and set a "buy" rating on the stock in a research note on Friday, July 31st. Finally, Robert W. Baird set a $100.00 target price on shares of O'Reilly Automotive in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $106.50.

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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