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O'Reilly Automotive, Inc. $ORLY Shares Sold by Dimensional Fund Advisors LP

O'Reilly Automotive logo with Retail/Wholesale background

Key Points

  • Dimensional Fund Advisors has reduced its stake in O'Reilly Automotive by 4.0%, selling 6,125 shares to hold a total of 148,414 shares valued at approximately $212.6 million.
  • O'Reilly Automotive reported earnings of $0.78 per share for the last quarter, meeting analysts' expectations, along with revenues of $4.53 billion, slightly below forecasts.
  • Various hedge funds have increased their investments in O'Reilly Automotive, with institutional investors now owning 85.00% of the company's stock.
  • Looking to export and analyze O'Reilly Automotive data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Dimensional Fund Advisors LP lowered its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 4.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 148,414 shares of the specialty retailer's stock after selling 6,125 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.26% of O'Reilly Automotive worth $212,576,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ORLY. Bank of Jackson Hole Trust acquired a new stake in shares of O'Reilly Automotive in the first quarter valued at approximately $25,000. HWG Holdings LP acquired a new stake in O'Reilly Automotive during the first quarter worth $26,000. HighMark Wealth Management LLC boosted its position in shares of O'Reilly Automotive by 185.7% during the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after buying an additional 13 shares during the period. Investment Management Corp VA ADV acquired a new stake in shares of O'Reilly Automotive in the fourth quarter valued at $37,000. Finally, Piscataqua Savings Bank acquired a new stake in shares of O'Reilly Automotive in the first quarter valued at $43,000. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Trading Down 0.5%

NASDAQ:ORLY traded down $0.56 during midday trading on Friday, reaching $102.31. The company had a trading volume of 3,483,467 shares, compared to its average volume of 5,611,279. The firm has a market capitalization of $86.81 billion, a price-to-earnings ratio of 36.57, a PEG ratio of 2.75 and a beta of 0.56. The stock's fifty day simple moving average is $95.25 and its 200-day simple moving average is $92.20. O'Reilly Automotive, Inc. has a 12-month low of $73.11 and a 12-month high of $104.86.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.78. The firm had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.O'Reilly Automotive's revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the sale, the director directly owned 15,935 shares of the company's stock, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the sale, the senior vice president directly owned 12,826 shares of the company's stock, valued at $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 155,920 shares of company stock worth $15,487,502 over the last three months. Company insiders own 1.01% of the company's stock.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of research reports. Guggenheim lifted their price objective on O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Truist Financial lifted their price objective on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Argus initiated coverage on O'Reilly Automotive in a research note on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price objective for the company. Evercore ISI lifted their price objective on O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. Finally, Barclays reaffirmed an "equal weight" rating and issued a $86.00 price objective on shares of O'Reilly Automotive in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $104.40.

Get Our Latest Research Report on O'Reilly Automotive

O'Reilly Automotive Company Profile

(Free Report)

O'Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.

Further Reading

Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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