Howland Capital Management LLC Buys 11,528 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Howland Capital Management increased its O'Reilly Automotive position by 2.3%, purchasing 11,528 shares and bringing its holdings to 506,740 shares worth approximately $43.3 million.
• Institutional investors own about 85% of ORLY, while several other funds also added to or initiated positions during the third quarter.
• O'Reilly shares recently traded at $92, while analysts maintain a “Moderate Buy” consensus with an average price target of $107.32; insiders, however, sold 6,000 shares worth about $550,530 over the past three months.

Howland Capital Management LLC increased its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 2.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 506,740 shares of the specialty retailer's stock after acquiring an additional 11,528 shares during the quarter. O'Reilly Automotive makes up about 1.5% of Howland Capital Management LLC's portfolio, making the stock its 15th biggest holding. Howland Capital Management LLC owned approximately 0.06% of O'Reilly Automotive worth $43,281,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. NBT Bank N.A. purchased a new stake in shares of O'Reilly Automotive in the 3rd quarter valued at approximately $484,000. Root Financial Partners LLC acquired a new stake in shares of O'Reilly Automotive during the 3rd quarter worth approximately $136,000. Foster Victor Wealth Advisors LLC raised its position in shares of O'Reilly Automotive by 4.8% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 217,854 shares of the specialty retailer's stock valued at $19,404,000 after buying an additional 10,049 shares during the period. Kings Path Partners LLC purchased a new stake in shares of O'Reilly Automotive during the 3rd quarter valued at approximately $54,000. Finally, Carnegie Investment Counsel raised its position in shares of O'Reilly Automotive by 11.5% during the 3rd quarter. Carnegie Investment Counsel now owns 544,248 shares of the specialty retailer's stock valued at $44,801,000 after buying an additional 56,196 shares during the period. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Trading Up 3.1%

ORLY stock opened at $92.00 on Friday. The business's fifty day moving average price is $87.25 and its 200 day moving average price is $89.18. O'Reilly Automotive, Inc. has a 12-month low of $82.59 and a 12-month high of $102.46. The company has a market capitalization of $74.42 billion, a PE ratio of 28.41, a P/E/G ratio of 2.21 and a beta of 0.54.

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, meeting analysts' consensus estimates of $0.86. O'Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%. The company had revenue of $4.89 billion during the quarter, compared to analysts' expectations of $4.86 billion. During the same period last year, the business posted $0.78 EPS. O'Reilly Automotive's revenue for the quarter 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. Research analysts predict that O'Reilly Automotive, Inc. will post 3.28 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Maria Sastre sold 2,000 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total value of $183,700.00. Following the completion of the transaction, the director owned 14,970 shares in the company, valued at approximately $1,374,994.50. The trade was a 11.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Christopher Mancini sold 3,000 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total transaction of $279,000.00. Following the completion of the transaction, the senior vice president owned 189 shares of the company's stock, valued at $17,577. This trade represents a 94.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,000 shares of company stock worth $550,530 over the last three months. Company insiders own 0.77% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Roth Capital reiterated a "buy" rating and issued a $111.00 price objective (up from $109.00) on shares of O'Reilly Automotive in a report on Friday, July 31st. Wells Fargo & Company set a $100.00 target price on O'Reilly Automotive and gave the stock an "overweight" rating in a research note on Friday, July 24th. Raymond James Financial restated an "outperform" rating and issued a $110.00 target price (down from $115.00) on shares of O'Reilly Automotive in a research report on Friday, July 31st. Citigroup reaffirmed a "buy" rating and issued a $106.00 price target (up from $104.00) on shares of O'Reilly Automotive in a research note on Monday, August 3rd. Finally, UBS Group reaffirmed a "buy" rating on shares of O'Reilly Automotive in a research note on Friday, July 31st. Sixteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $107.32.

About O'Reilly Automotive

O'Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves both do-it-yourself customers and professional service technicians, offering products used for vehicle maintenance, repair and customization. Its merchandise includes replacement parts, batteries, filters, lighting products, shop equipment, automotive chemicals and related accessories.

Founded in 1957 by the O'Reilly family, the company began as a single store in Springfield, Missouri.

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