Kingsview Wealth Management LLC Takes $2.31 Million Position in O'Reilly Automotive, Inc. $ORLY

Kingsview Wealth Management LLC purchased a new stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 25,093 shares of the specialty retailer's stock, valued at approximately $2,311,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ORLY. BlackRock Inc. bought a new position in shares of O'Reilly Automotive during the 2nd quarter worth approximately $5,950,042,000. Norges Bank purchased a new position in shares of O'Reilly Automotive in the 4th quarter worth approximately $1,134,311,000. Bank of New York Mellon Corp bought a new position in shares of O'Reilly Automotive in the second quarter valued at approximately $1,023,936,000. Akre Capital Management LLC grew its holdings in shares of O'Reilly Automotive by 989.3% in 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 acquiring an additional 8,546,804 shares in the last quarter. Finally, Bank of America Corp DE purchased a new stake in shares of O'Reilly Automotive during the second quarter valued at approximately $721,747,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O'Reilly Automotive Price Performance

Shares of ORLY opened at $88.50 on Friday. The firm has a market cap of $71.59 billion, a PE ratio of 28.18, a PEG ratio of 1.93 and a beta of 0.51. The stock's fifty day moving average price is $88.99 and its two-hundred day moving average price is $90.84. 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 quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, hitting the consensus estimate 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 the consensus estimate of $4.86 billion. During the same quarter in the prior year, the company earned $0.78 EPS. The firm's quarterly 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. Sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.

Insider Activity

In other O'Reilly Automotive news, SVP Christopher Andrew Mancini sold 3,000 shares of the company's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total transaction of $279,000.00. Following the sale, the senior vice president directly owned 189 shares of the company's stock, valued at $17,577. This represents a 94.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Maria Sastre sold 2,000 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total transaction of $183,700.00. Following the transaction, the director owned 14,970 shares of the company's stock, valued at $1,374,994.50. This represents a 11.79% decrease in their position. The SEC filing for this sale provides additional information. 0.77% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Morgan Stanley dropped their price target on O'Reilly Automotive from $112.00 to $108.00 and set an "overweight" rating on the stock in a report on Thursday, July 30th. Wolfe Research set a $98.00 price objective on O'Reilly Automotive in a research note on Wednesday, July 15th. DA Davidson set a $106.00 target price on O'Reilly Automotive in a research report on Friday, July 31st. Mizuho lifted their target price on O'Reilly Automotive from $105.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, May 8th. Finally, UBS Group reissued a "buy" rating on shares of O'Reilly Automotive in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $107.24.

About O'Reilly Automotive

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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