O'Reilly Automotive, Inc. $ORLY Shares Sold by California Public Employees Retirement System

Key Points

• California Public Employees Retirement System reduced its stake in O'Reilly by 14.9%, selling 466,967 shares in Q3 and now holds 2,671,146 shares (~0.32% of the company) valued at about $288 million.
• O'Reilly has a Moderate Buy analyst consensus with a $110.26 average target; several firms set targets of $107–$114 while JPMorgan cut its target from $114 to $108.
• In its most recent quarter O'Reilly reported $0.71 EPS (missed by $0.01) and $4.41B revenue (up 7.8% y/y), set FY2026 guidance of $3.10–$3.20 EPS, and trades at a market cap of ~$76.8B with a PE of ~30.9.

California Public Employees Retirement System reduced its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 14.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,671,146 shares of the specialty retailer's stock after selling 466,967 shares during the quarter. California Public Employees Retirement System owned approximately 0.32% of O'Reilly Automotive worth $287,976,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Coastline Trust Co grew its holdings in shares of O'Reilly Automotive by 4.0% in the third quarter. Coastline Trust Co now owns 2,622 shares of the specialty retailer's stock valued at $283,000 after purchasing an additional 102 shares during the period. Commons Capital LLC raised its stake in O'Reilly Automotive by 1.1% during the third quarter. Commons Capital LLC now owns 9,888 shares of the specialty retailer's stock worth $1,066,000 after purchasing an additional 104 shares during the period. IAM Advisory LLC boosted its holdings in O'Reilly Automotive by 1.6% in the 3rd quarter. IAM Advisory LLC now owns 7,312 shares of the specialty retailer's stock valued at $788,000 after purchasing an additional 114 shares during the last quarter. Berkshire Asset Management LLC PA boosted its holdings in O'Reilly Automotive by 1.7% in the 3rd quarter. Berkshire Asset Management LLC PA now owns 7,260 shares of the specialty retailer's stock valued at $783,000 after purchasing an additional 120 shares during the last quarter. Finally, Lake Street Private Wealth LLC boosted its holdings in O'Reilly Automotive by 2.2% in the 3rd quarter. Lake Street Private Wealth LLC now owns 5,460 shares of the specialty retailer's stock valued at $589,000 after purchasing an additional 120 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ORLY. Truist Financial set a $107.00 price target on shares of O'Reilly Automotive and gave the company a "buy" rating in a research note on Friday, February 6th. UBS Group set a $114.00 price target on shares of O'Reilly Automotive in a research report on Friday, February 6th. Roth Mkm reiterated a "buy" rating on shares of O'Reilly Automotive in a report on Wednesday, February 4th. DA Davidson reiterated a "buy" rating and issued a $110.00 price objective on shares of O'Reilly Automotive in a research report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. cut their target price on O'Reilly Automotive from $114.00 to $108.00 and set an "overweight" rating for the company in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, O'Reilly Automotive has a consensus rating of "Moderate Buy" and a consensus target price of $110.26.

O'Reilly Automotive Price Performance

Shares of ORLY opened at $91.54 on Friday. The firm has a 50-day simple moving average of $94.89 and a two-hundred day simple moving average of $97.89. The stock has a market cap of $76.76 billion, a PE ratio of 30.89, a P/E/G ratio of 2.04 and a beta of 0.63. O'Reilly Automotive, Inc. has a 1-year low of $85.83 and a 1-year high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The specialty retailer reported $0.71 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.01). The company had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.39 billion. O'Reilly Automotive had a negative return on equity of 239.04% and a net margin of 14.27%.The business's revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $9.50 earnings per share. O'Reilly Automotive has set its FY 2026 guidance at 3.100-3.200 EPS. As a group, sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

O'Reilly Automotive 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.