HighTower Advisors LLC Sells 47,994 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• HighTower Advisors reduced its O'Reilly Automotive stake by 17.9%, selling 47,994 shares and retaining 220,330 shares valued at approximately $20.29 million. Institutional investors collectively own about 85% of the company.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $107.24; ratings include one Strong Buy, 14 Buys and three Holds.
• O'Reilly reported quarterly revenue of $4.89 billion, up 8.1% year over year, while earnings of $0.86 per share matched estimates. Shares opened at $85.89, near the lower end of their 52-week range.

HighTower Advisors LLC trimmed its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 17.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 220,330 shares of the specialty retailer's stock after selling 47,994 shares during the period. HighTower Advisors LLC's holdings in O'Reilly Automotive were worth $20,290,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. First National Bank of Mount Dora Trust Investment Services lifted its stake in O'Reilly Automotive by 26.8% in the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 58,297 shares of the specialty retailer's stock valued at $5,381,000 after acquiring an additional 12,316 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of O'Reilly Automotive in the fourth quarter valued at approximately $3,908,000. Swiss National Bank lifted its position in shares of O'Reilly Automotive by 6.5% in the first quarter. Swiss National Bank now owns 2,477,200 shares of the specialty retailer's stock worth $228,670,000 after purchasing an additional 152,100 shares in the last quarter. Marble Wealth LLC bought a new stake in shares of O'Reilly Automotive in the fourth quarter worth $2,559,000. Finally, BNP Paribas Financial Markets boosted its holdings in O'Reilly Automotive by 77.1% during the fourth quarter. BNP Paribas Financial Markets now owns 2,853,830 shares of the specialty retailer's stock worth $260,298,000 after purchasing an additional 1,242,846 shares during the last quarter. Institutional investors own 85.00% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on ORLY. Wells Fargo & Company set a $100.00 price objective on O'Reilly Automotive in a report on Friday, July 24th. Raymond James Financial reiterated an "outperform" rating and set a $110.00 price objective on shares of O'Reilly Automotive in a research note on Friday, July 31st. Morgan Stanley cut their price target on shares of 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. UBS Group reissued a "buy" rating on shares of O'Reilly Automotive in a research report on Friday, July 31st. Finally, Robert W. Baird set a $100.00 target price on shares of O'Reilly Automotive in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $107.24.

O'Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $85.89 on Wednesday. The firm has a market cap of $69.48 billion, a price-to-earnings ratio of 27.35, a P/E/G ratio of 2.18 and a beta of 0.52. The stock's fifty day moving average price is $88.85 and its two-hundred day moving average price is $90.49. O'Reilly Automotive, Inc. has a one year low of $82.59 and a one year high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, meeting 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 during the quarter, compared to analysts' expectations of $4.86 billion. During the same quarter in the previous year, the business posted $0.78 earnings per share. O'Reilly Automotive's quarterly revenue was up 8.1% on a year-over-year basis. O'Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, equities analysts anticipate that O'Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Christopher Mancini sold 3,000 shares of the business's stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total value of $279,000.00. Following the completion of the sale, the senior vice president directly owned 189 shares in the company, valued at approximately $17,577. The trade was a 94.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Thomas Hendrickson sold 1,000 shares of the firm's stock in a transaction on Friday, August 28th. The stock was sold at an average price of $87.83, for a total value of $87,830.00. Following the transaction, the director owned 18,675 shares in the company, valued at approximately $1,640,225.25. This trade represents a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,000 shares of company stock worth $550,530 in the last quarter. Corporate insiders own 0.77% of the company's stock.

About O'Reilly Automotive

O'Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves do-it-yourself customers, professional service technicians and commercial garages, offering products for maintaining and repairing cars, trucks and other vehicles.

Its merchandise includes replacement parts such as brakes, filters, belts, batteries and ignition components, as well as shop equipment, tools, fluids, lighting and appearance products. O'Reilly also provides services such as parts lookup, battery testing and installation, loaner tool programs, used-oil recycling and commercial delivery to professional customers.

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