Bowie Capital Management LLC Acquires New Shares in O'Reilly Automotive, Inc. $ORLY

Key Points

• Bowie Capital Management acquired 581,887 shares of O'Reilly Automotive during the second quarter, worth approximately $53.6 million. The position represents about 2.3% of the fund’s portfolio and 0.07% of O'Reilly’s outstanding shares.
• O'Reilly reported quarterly earnings of $0.86 per share, matching estimates, while revenue rose 8.1% year over year to $4.89 billion. The company maintained fiscal 2026 EPS guidance of $3.20–$3.30.
• Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $107.24, despite recent target reductions and the stock trading down 2.3% at $89.08.

Bowie Capital Management LLC bought a new stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 581,887 shares of the specialty retailer's stock, valued at approximately $53,586,000. O'Reilly Automotive makes up approximately 2.3% of Bowie Capital Management LLC's investment portfolio, making the stock its 19th biggest holding. Bowie Capital Management LLC owned approximately 0.07% of O'Reilly Automotive at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in O'Reilly Automotive by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 79,730,143 shares of the specialty retailer's stock valued at $7,272,186,000 after acquiring an additional 458,613 shares during the last quarter. BlackRock Inc. bought a new stake in O'Reilly Automotive in the second quarter worth approximately $5,950,042,000. State Street Corp increased its stake in shares of O'Reilly Automotive by 0.4% during the 4th quarter. State Street Corp now owns 37,206,098 shares of the specialty retailer's stock worth $3,393,568,000 after purchasing an additional 140,387 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of O'Reilly Automotive by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 24,140,497 shares of the specialty retailer's stock worth $2,201,555,000 after purchasing an additional 372,896 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of O'Reilly Automotive by 25.1% during the 4th quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer's stock valued at $1,345,829,000 after purchasing an additional 2,964,945 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Thomas Hendrickson sold 1,200 shares of O'Reilly Automotive stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $88.32, for a total value of $105,984.00. Following the transaction, the director directly owned 19,675 shares in the company, valued at approximately $1,737,696. The trade was a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Christopher Andrew Mancini sold 3,000 shares of the business's stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total value 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 position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 6,200 shares of company stock valued at $568,684. 0.77% of the stock is owned by insiders.

O'Reilly Automotive Trading Down 2.3%

NASDAQ ORLY opened at $89.08 on Friday. O'Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $108.71. The company has a fifty day simple moving average of $88.95 and a 200 day simple moving average of $91.08. The company has a market cap of $72.06 billion, a P/E ratio of 28.37, a P/E/G ratio of 1.99 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, hitting 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 business's quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.78 EPS. O'Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Equities research analysts forecast that O'Reilly Automotive, Inc. will post 3.27 EPS for the current fiscal year.

Analysts Set New Price Targets

ORLY has been the subject of several analyst reports. TD Cowen reduced their price objective on shares of O'Reilly Automotive from $117.00 to $110.00 and set a "buy" rating for the company in a research note on Friday, July 31st. Roth Capital restated a "buy" rating and set a $111.00 target price on shares of O'Reilly Automotive in a report on Friday, July 31st. DA Davidson set a $106.00 price target on O'Reilly Automotive in a research report on Friday, July 31st. Truist Financial set a $108.00 price target on O'Reilly Automotive in a research report on Thursday, April 30th. 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. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $107.24.

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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