Elevation Point Wealth Partners LLC acquired a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 21,374 shares of the specialty retailer's stock, valued at approximately $1,968,000.
Other hedge funds also recently modified their holdings of the company. BlackRock Inc. bought a new position in O'Reilly Automotive during the second quarter worth $5,950,042,000. Norges Bank bought a new stake in O'Reilly Automotive in the fourth quarter valued at $1,134,311,000. Bank of New York Mellon Corp bought a new stake in O'Reilly Automotive in the second quarter valued at $1,023,936,000. Akre Capital Management LLC raised its holdings in shares of O'Reilly Automotive by 989.3% during the second quarter. Akre Capital Management LLC now owns 9,410,714 shares of the specialty retailer's stock valued at $848,188,000 after purchasing an additional 8,546,804 shares during the period. Finally, Wellington Management Group LLP raised its holdings in shares of O'Reilly Automotive by 25.1% during the fourth 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 during the period. Institutional investors own 85.00% of the company's stock.
O'Reilly Automotive Price Performance
Shares of NASDAQ ORLY opened at $89.11 on Monday. The stock has a market capitalization of $72.09 billion, a P/E ratio of 28.38, a P/E/G ratio of 1.95 and a beta of 0.51. The company has a 50-day moving average price of $88.91 and a 200-day moving average price of $91.02. O'Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $108.71.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, hitting analysts' consensus estimates of $0.86. O'Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The company had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same quarter in the prior year, the business posted $0.78 EPS. The firm's revenue 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. As a group, equities research analysts anticipate that O'Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several analysts have recently commented on ORLY shares. Morgan Stanley reduced their target price 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. Roth Capital reaffirmed a "buy" rating and set a $111.00 price target on shares of O'Reilly Automotive in a research note on Friday, July 31st. Truist Financial set a $108.00 price target on O'Reilly Automotive in a report on Thursday, April 30th. DA Davidson set a $106.00 price objective on O'Reilly Automotive in a research note on Friday, July 31st. Finally, Wolfe Research set a $98.00 price objective on O'Reilly Automotive in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $107.24.
Get Our Latest Stock Analysis on ORLY
Insiders Place Their Bets
In related news, Director Thomas Hendrickson sold 1,200 shares of O'Reilly Automotive stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $88.32, for a total transaction of $105,984.00. Following the transaction, the director owned 19,675 shares of the company's stock, valued at $1,737,696. The trade was a 5.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Maria Sastre sold 2,000 shares of the company's stock in a transaction 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 sale, the director owned 14,970 shares of the company's stock, valued at $1,374,994.50. This trade represents a 11.79% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 6,200 shares of company stock valued at $568,684. Corporate insiders own 0.77% of the company's stock.
O'Reilly Automotive Company Profile
(
Free Report)
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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