Baird Financial Group Inc. Raises Stake in O'Reilly Automotive, Inc. $ORLY

Key Points

• Baird Financial Group increased its O'Reilly Automotive stake by 2.4%, acquiring 161,831 additional shares to own 7.0 million shares valued at approximately $645 million. Institutional investors collectively hold about 85% of the company.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $107.24, despite Morgan Stanley lowering its target to $108 and Weiss Ratings downgrading the stock to “hold.”
• O'Reilly shares opened at $85.89, near their 52-week low, while the company reported quarterly revenue growth of 8.1% and earnings per share of $0.86, matching analyst expectations. Company insiders sold 6,000 shares worth about $550,530 during the latest quarter.

Baird Financial Group Inc. lifted its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 2.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,003,675 shares of the specialty retailer's stock after purchasing an additional 161,831 shares during the quarter. Baird Financial Group Inc. owned about 0.87% of O'Reilly Automotive worth $644,968,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Quadcap Wealth Management LLC increased its stake in O'Reilly Automotive by 4.7% in the 3rd quarter. Quadcap Wealth Management LLC now owns 2,422 shares of the specialty retailer's stock valued at $261,000 after purchasing an additional 108 shares in the last quarter. Mainstream Capital Management LLC boosted its position in shares of 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 worth $1,166,000 after buying an additional 109 shares in the last quarter. Dynasty Wealth Management LLC grew its stake in O'Reilly Automotive by 2.7% in the 4th quarter. Dynasty Wealth Management LLC now owns 4,281 shares of the specialty retailer's stock valued at $390,000 after acquiring an additional 113 shares during the last quarter. Kohmann Bosshard Financial Services LLC increased its holdings in O'Reilly Automotive by 54.3% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 324 shares of the specialty retailer's stock valued at $30,000 after acquiring an additional 114 shares in the last quarter. Finally, Meridian Wealth Management LLC increased its holdings in O'Reilly Automotive by 0.3% during the 4th quarter. Meridian Wealth Management LLC now owns 44,860 shares of the specialty retailer's stock valued at $4,092,000 after acquiring an additional 122 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ORLY shares. Morgan Stanley reduced their price target on shares of O'Reilly Automotive from $112.00 to $108.00 and set an "overweight" rating on the stock in a report on Thursday, July 30th. Weiss Ratings downgraded O'Reilly Automotive from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, August 27th. Raymond James Financial reaffirmed an "outperform" rating and issued a $110.00 target price on shares of O'Reilly Automotive in a research note on Friday, July 31st. Robert W. Baird set a $100.00 target price on O'Reilly Automotive in a report on Friday, July 31st. Finally, Roth Capital reissued a "buy" rating and set a $111.00 price target on shares of O'Reilly Automotive in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $107.24.

Insider Transactions at O'Reilly Automotive

In related news, Director Thomas Hendrickson sold 1,000 shares of the firm's stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $87.83, for a total transaction of $87,830.00. Following the sale, the director directly owned 18,675 shares in the company, valued at approximately $1,640,225.25. This trade represents a 5.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Maria Sastre sold 2,000 shares of the business'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 in the company, valued at $1,374,994.50. This trade represents a 11.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 6,000 shares of company stock valued at $550,530 over the last quarter. Company insiders own 0.77% of the company's stock.

O'Reilly Automotive Stock Down 2.3%

Shares of NASDAQ ORLY opened at $85.89 on Wednesday. The stock has a market capitalization of $69.48 billion, a PE ratio of 27.35, a P/E/G ratio of 2.18 and a beta of 0.52. The firm has a fifty day moving average of $88.85 and a 200-day moving average of $90.49. O'Reilly Automotive, Inc. has a 52-week low of $82.59 and a 52-week high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, meeting analysts' consensus estimates of $0.86. O'Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The firm had revenue of $4.89 billion for the quarter, compared to analysts' expectations of $4.86 billion. During the same quarter last year, the firm earned $0.78 earnings per share. The firm's revenue for the quarter was up 8.1% compared to the same quarter last year. 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.

O'Reilly Automotive Company Profile

O'Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves do-it-yourself customers, professional service technicians and commercial garages, offering products for maintaining and repairing cars, trucks and other vehicles.

Its merchandise includes replacement parts such as brakes, filters, belts, batteries and ignition components, as well as shop equipment, tools, fluids, lighting and appearance products. O'Reilly also provides services such as parts lookup, battery testing and installation, loaner tool programs, used-oil recycling and commercial delivery to professional customers.

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