Bank of New York Mellon Corp Invests $1.02 Billion in O'Reilly Automotive, Inc. $ORLY

Key Points

• Bank of New York Mellon acquired 11.1 million O’Reilly Automotive shares worth approximately $1.02 billion, giving it a 1.34% stake. Institutional investors collectively own about 85% of the company.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $107.24, despite some target-price reductions.
• O’Reilly matched quarterly earnings expectations at $0.86 per share, while revenue rose 8.1% year over year to $4.89 billion; insiders have sold 6,200 shares worth about $568,684 over the past 90 days.

Bank of New York Mellon Corp bought a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,118,861 shares of the specialty retailer's stock, valued at approximately $1,023,936,000. Bank of New York Mellon Corp owned about 1.34% of O'Reilly Automotive as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Tucker Asset Management LLC acquired a new stake in O'Reilly Automotive during the fourth quarter worth approximately $26,000. Wilkerson Advisory Group LLC acquired a new position in O'Reilly Automotive in the fourth quarter valued at approximately $27,000. Kelleher Financial Advisors acquired a new position in O'Reilly Automotive in the second quarter valued at approximately $28,000. Whipplewood Advisors LLC boosted its holdings in shares of O'Reilly Automotive by 1,552.6% during the 1st quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer's stock worth $29,000 after buying an additional 295 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC lifted its position in shares of 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 during the period. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Activity at O'Reilly Automotive

In other news, Director Maria Sastre sold 2,000 shares of the company's stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total value of $183,700.00. Following the completion of the sale, the director owned 14,970 shares in the company, valued at $1,374,994.50. This represents a 11.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Christopher Andrew Mancini sold 3,000 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total transaction of $279,000.00. Following the completion of the sale, the senior vice president owned 189 shares of the company's stock, valued at approximately $17,577. This represents a 94.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,200 shares of company stock valued at $568,684 over the last 90 days. Insiders own 0.77% of the company's stock.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several research analyst reports. Weiss Ratings raised shares of O'Reilly Automotive from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, August 12th. Mizuho increased their price objective on shares of O'Reilly Automotive from $105.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, May 8th. Robert W. Baird set a $100.00 target price on O'Reilly Automotive in a research note on Friday, July 31st. TD Cowen dropped their price target on 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, Roth Capital reiterated a "buy" rating and issued a $111.00 price target on shares of O'Reilly Automotive in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $107.24.

O'Reilly Automotive Price Performance

NASDAQ:ORLY opened at $89.08 on Friday. O'Reilly Automotive, Inc. has a one year low of $82.59 and a one year high of $108.71. The company has a market cap of $72.06 billion, a PE ratio of 28.37, a PEG ratio of 1.99 and a beta of 0.51. The firm has a 50-day moving average of $88.95 and a 200-day moving average of $91.08.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, meeting the consensus estimate of $0.86. The business had revenue of $4.89 billion for the quarter, compared to analysts' expectations of $4.86 billion. O'Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The firm's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.78 EPS. O'Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, equities research analysts expect that O'Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.

O'Reilly Automotive Profile

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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