O'Reilly Automotive, Inc. $ORLY Shares Purchased by IFP Advisors Inc

IFP Advisors Inc increased its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 58.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,869 shares of the specialty retailer's stock after purchasing an additional 20,323 shares during the quarter. IFP Advisors Inc's holdings in O'Reilly Automotive were worth $5,053,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC lifted its stake in shares of O'Reilly Automotive by 1,190.5% in the second quarter. Sivia Capital Partners LLC now owns 3,536 shares of the specialty retailer's stock worth $319,000 after buying an additional 3,262 shares in the last quarter. NewEdge Advisors LLC grew its stake in O'Reilly Automotive by 1,473.8% during the 2nd quarter. NewEdge Advisors LLC now owns 69,482 shares of the specialty retailer's stock valued at $6,262,000 after acquiring an additional 65,067 shares in the last quarter. Sei Investments Co. grew its stake in O'Reilly Automotive by 383.1% during the 2nd quarter. Sei Investments Co. now owns 560,353 shares of the specialty retailer's stock valued at $50,502,000 after acquiring an additional 444,371 shares in the last quarter. BNP Paribas raised its holdings in O'Reilly Automotive by 1,400.0% in the 2nd quarter. BNP Paribas now owns 390 shares of the specialty retailer's stock valued at $35,000 after acquiring an additional 364 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in O'Reilly Automotive by 1,357.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 498,745 shares of the specialty retailer's stock valued at $44,950,000 after acquiring an additional 464,536 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Wells Fargo & Company set a $100.00 target price on O'Reilly Automotive in a report on Friday, July 24th. Robert W. Baird set a $100.00 price target on O'Reilly Automotive in a report on Friday, July 31st. TD Cowen reduced their price objective on O'Reilly Automotive from $117.00 to $110.00 and set a "buy" rating on the stock in a research report on Friday, July 31st. Raymond James Financial restated an "outperform" rating and issued a $110.00 target price on shares of O'Reilly Automotive in a report on Friday, July 31st. Finally, Citigroup reiterated a "buy" rating and set a $106.00 price target (up from $104.00) on shares of O'Reilly Automotive in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, O'Reilly Automotive presently has a consensus rating of "Moderate Buy" and an average price target of $107.24.

Insiders Place Their Bets

In related news, Director Thomas Hendrickson sold 1,000 shares of the stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $87.83, for a total transaction of $87,830.00. Following the transaction, the director owned 18,675 shares of the company's stock, valued at approximately $1,640,225.25. This represents a 5.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Maria Sastre sold 2,000 shares of the firm's stock in a transaction dated Wednesday, August 12th. The shares were 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 $1,374,994.50. This trade represents a 11.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 6,000 shares of company stock worth $550,530 over the last ninety days. Corporate insiders own 0.77% of the company's stock.

O'Reilly Automotive Trading Down 0.7%

Shares of ORLY opened at $85.51 on Friday. The company's 50-day moving average price is $88.63 and its 200 day moving average price is $90.37. 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 $69.17 billion, a P/E ratio of 27.23, a price-to-earnings-growth ratio of 2.14 and a beta of 0.52.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, meeting analysts' consensus estimates of $0.86. The business had revenue of $4.89 billion during the quarter, compared to analysts' expectations of $4.86 billion. O'Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The business's revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the business earned $0.78 earnings per share. O'Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Equities research analysts forecast that O'Reilly Automotive, Inc. will post 3.27 earnings per share for the current year.

O'Reilly Automotive Company Profile

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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