Nissay Asset Management Corp Japan raised its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 5.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 246,740 shares of the specialty retailer's stock after purchasing an additional 12,239 shares during the quarter. Nissay Asset Management Corp Japan's holdings in O'Reilly Automotive were worth $22,722,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Field & Main Bank purchased a new stake in shares of O'Reilly Automotive during the 2nd quarter worth about $956,000. Lombard Odier Asset Management Europe Ltd bought a new stake in shares of O'Reilly Automotive in the 2nd quarter valued at approximately $20,750,000. Kingsview Wealth Management LLC acquired a new position in O'Reilly Automotive in the second quarter worth approximately $2,311,000. Beacon Pointe Advisors LLC bought a new position in O'Reilly Automotive during the second quarter valued at approximately $7,106,000. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new position in O'Reilly Automotive during the second quarter valued at approximately $2,255,000. 85.00% of the stock is owned by institutional investors and hedge funds.
O'Reilly Automotive Stock Up 0.8%
NASDAQ:ORLY opened at $88.50 on Friday. The company's 50 day moving average is $88.99 and its 200-day moving average is $90.84. O'Reilly Automotive, Inc. has a 12 month low of $82.59 and a 12 month high of $108.71. The firm has a market cap of $71.59 billion, a price-to-earnings ratio of 28.18, a P/E/G ratio of 1.92 and a beta of 0.51.
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 (EPS) for the quarter, meeting analysts' consensus estimates of $0.86. The business had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. O'Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. O'Reilly Automotive's revenue was up 8.1% compared to the same quarter last year. During the same period last year, the business posted $0.78 EPS. 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 3.27 EPS for the current fiscal year.
Insider Transactions at O'Reilly Automotive
In other O'Reilly Automotive news, SVP Christopher Andrew Mancini sold 3,000 shares of O'Reilly Automotive 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 transaction, the senior vice president directly owned 189 shares of the company's stock, valued at $17,577. The trade was a 94.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Maria Sastre sold 2,000 shares of the company's stock in a transaction that occurred 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 transaction, the director owned 14,970 shares of the company's stock, valued at approximately $1,374,994.50. This trade represents a 11.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.77% of the company's stock.
Analyst Upgrades and Downgrades
ORLY has been the subject of several recent research reports. TD Cowen decreased their target price on shares of O'Reilly Automotive from $117.00 to $110.00 and set a "buy" rating for the company in a research report on Friday, July 31st. Raymond James Financial reaffirmed an "outperform" rating and issued a $110.00 price objective on shares of O'Reilly Automotive in a research note on Friday, July 31st. The Goldman Sachs Group reiterated a "buy" rating on shares of O'Reilly Automotive in a report on Monday, August 3rd. Citigroup reissued a "buy" rating and set a $106.00 target price (up from $104.00) on shares of O'Reilly Automotive in a research report on Monday, August 3rd. Finally, Roth Capital restated a "buy" rating and set a $111.00 target price 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 given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $107.24.
Check Out Our Latest Stock Report on ORLY
About O'Reilly Automotive
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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.
See Also
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report).
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