O'Reilly Automotive, Inc. $ORLY Shares Bought by Pelham Capital Ltd.

Key Points

• Pelham Capital increased its O'Reilly Automotive stake by 25.9% in the second quarter, acquiring 33,610 additional shares and bringing its holdings to 163,377 shares valued at approximately $15.0 million.
• Institutional interest remained strong, with several hedge funds adding or initiating positions; institutional investors collectively own about 85% of ORLY shares.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $107.24 price target. O'Reilly reported quarterly EPS in line with estimates at $0.86, while revenue of $4.89 billion exceeded expectations and rose 8.1% year over year.

Pelham Capital Ltd. increased its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 25.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 163,377 shares of the specialty retailer's stock after acquiring an additional 33,610 shares during the period. O'Reilly Automotive comprises 8.6% of Pelham Capital Ltd.'s holdings, making the stock its 6th largest holding. Pelham Capital Ltd.'s holdings in O'Reilly Automotive were worth $15,045,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in ORLY. Proficio Capital Partners LLC acquired a new position in O'Reilly Automotive during the second quarter valued at approximately $679,000. Fundsmith LLP bought a new stake in O'Reilly Automotive during the second quarter worth $14,982,000. CTC Alternative Strategies Ltd. acquired a new stake in shares of O'Reilly Automotive in the 2nd quarter valued at $525,000. Headlands Technologies LLC increased its stake in shares of O'Reilly Automotive by 56.5% in the 2nd quarter. Headlands Technologies LLC now owns 111,848 shares of the specialty retailer's stock valued at $10,300,000 after purchasing an additional 40,383 shares during the last quarter. Finally, Alyeska Investment Group L.P. increased its stake in shares of O'Reilly Automotive by 77.5% in the 2nd quarter. Alyeska Investment Group L.P. now owns 2,725,114 shares of the specialty retailer's stock valued at $250,956,000 after purchasing an additional 1,190,116 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ORLY has been the subject of a number of research analyst reports. TD Cowen lowered their price target on O'Reilly Automotive from $117.00 to $110.00 and set a "buy" rating for the company in a report on Friday, July 31st. UBS Group reiterated a "buy" rating on shares of O'Reilly Automotive in a research report on Friday, July 31st. Raymond James Financial reissued an "outperform" rating and set a $110.00 target price on shares of O'Reilly Automotive in a research note on Friday, July 31st. The Goldman Sachs Group reissued a "buy" rating on shares of O'Reilly Automotive in a report on Monday, August 3rd. Finally, Weiss Ratings downgraded shares of O'Reilly Automotive from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $107.24.

O'Reilly Automotive Trading Up 0.3%

O'Reilly Automotive stock opened at $88.80 on Tuesday. The company has a market capitalization of $71.84 billion, a PE ratio of 28.28, a P/E/G ratio of 1.93 and a beta of 0.51. O'Reilly Automotive, Inc. has a 12 month low of $82.59 and a 12 month high of $108.71. The stock has a 50-day moving average price of $89.06 and a two-hundred day moving average price of $90.80.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.86. The company had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. O'Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The firm's revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.78 earnings per share. O'Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. As a group, analysts predict that O'Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.

Insider Activity at O'Reilly Automotive

In other news, Director Maria Sastre sold 2,000 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total value of $183,700.00. Following the completion of the transaction, the director directly 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Christopher Andrew Mancini sold 3,000 shares of the business's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total value of $279,000.00. Following the completion of the transaction, the senior vice president directly owned 189 shares in the company, valued at $17,577. This represents a 94.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.77% of the company's stock.

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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