Geode Capital Management LLC Has $2.20 Billion Stake in O'Reilly Automotive, Inc. $ORLY

Key Points

• Geode Capital Management increased its stake in O'Reilly Automotive by 1.6% in the fourth quarter, bringing its holdings to 24.14 million shares worth about $2.2 billion.
• Several other institutional investors also adjusted positions, and overall institutional ownership stands at 85% of the company’s stock.
• O'Reilly reported strong quarterly results, with EPS of $0.72 beating estimates and revenue of $4.56 billion topping forecasts, while analysts remain broadly positive with an average Moderate Buy rating and a $112.25 price target.

Geode Capital Management LLC raised its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,140,497 shares of the specialty retailer's stock after purchasing an additional 372,896 shares during the quarter. Geode Capital Management LLC owned approximately 2.86% of O'Reilly Automotive worth $2,201,555,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Vestmark Advisory Solutions Inc. raised its position in O'Reilly Automotive by 34.0% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 51,657 shares of the specialty retailer's stock valued at $5,569,000 after purchasing an additional 13,100 shares during the last quarter. Vanguard Group Inc. raised its position in O'Reilly Automotive by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 79,271,530 shares of the specialty retailer's stock valued at $8,546,264,000 after purchasing an additional 436,563 shares during the last quarter. Caldwell Trust Co raised its position in O'Reilly Automotive by 1,255.6% in the 4th quarter. Caldwell Trust Co now owns 13,136 shares of the specialty retailer's stock valued at $1,198,000 after purchasing an additional 12,167 shares during the last quarter. Overbrook Management Corp raised its position in O'Reilly Automotive by 13.5% in the 4th quarter. Overbrook Management Corp now owns 161,551 shares of the specialty retailer's stock valued at $14,735,000 after purchasing an additional 19,171 shares during the last quarter. Finally, Jefferies Financial Group Inc. bought a new position in O'Reilly Automotive in the 4th quarter valued at $3,908,000. Institutional investors own 85.00% of the company's stock.

Insiders Place Their Bets

In other O'Reilly Automotive news, CEO Brad W. Beckham sold 13,635 shares of the business's stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $95.00, for a total value of $1,295,325.00. Following the completion of the transaction, the chief executive officer directly owned 12,250 shares of the company's stock, valued at approximately $1,163,750. The trade was a 52.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Robert Allen Dumas sold 84,600 shares of the business's stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $92.60, for a total value of $7,833,960.00. Following the completion of the transaction, the senior vice president directly owned 1,782 shares of the company's stock, valued at approximately $165,013.20. The trade was a 97.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 104,530 shares of company stock valued at $9,709,404 in the last three months. Insiders own 0.77% of the company's stock.

O'Reilly Automotive Trading Up 0.2%

NASDAQ ORLY opened at $89.23 on Friday. The stock has a 50-day simple moving average of $91.88 and a 200 day simple moving average of $94.11. The company has a market capitalization of $73.95 billion, a PE ratio of 29.16, a P/E/G ratio of 1.96 and a beta of 0.58. O'Reilly Automotive, Inc. has a 12 month low of $86.77 and a 12 month high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, April 29th. The specialty retailer reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.03. O'Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.The firm had revenue of $4.56 billion during the quarter, compared to analysts' expectations of $4.46 billion. During the same period in the previous year, the firm earned $9.35 earnings per share. The company's revenue was up 10.2% on a year-over-year basis. O'Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. As a group, sell-side analysts predict that O'Reilly Automotive, Inc. will post 3.24 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have issued reports on ORLY shares. Morgan Stanley reiterated an "overweight" rating and issued a $112.00 price objective on shares of O'Reilly Automotive in a research report on Thursday, April 30th. Citigroup reiterated a "buy" rating and issued a $115.00 price objective (up from $110.00) on shares of O'Reilly Automotive in a research report on Friday, May 1st. UBS Group lifted their price objective on O'Reilly Automotive from $114.00 to $120.00 and gave the company a "buy" rating in a research report on Friday, May 1st. Weiss Ratings restated a "buy (b-)" rating on shares of O'Reilly Automotive in a research report on Monday, April 27th. Finally, JPMorgan Chase & Co. dropped their target price on O'Reilly Automotive from $114.00 to $108.00 and set an "overweight" rating for the company in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $112.25.

O'Reilly Automotive Company 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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