O'Reilly Automotive, Inc. $ORLY Shares Sold by Engineers Gate Manager LP

Key Points

• Engineers Gate Manager LP reduced its O’Reilly Automotive stake by 32.2% in the second quarter, selling 78,038 shares and retaining 163,984 shares valued at approximately $15.1 million. Institutional investors and hedge funds collectively own 85% of the company.
• Analysts remain broadly positive, with one Strong Buy, 14 Buy and three Hold ratings. O’Reilly has a consensus “Moderate Buy” rating and an average price target of $107.24, although Weiss Ratings downgraded the stock to Hold.
• O’Reilly reported quarterly revenue of $4.89 billion, up 8.1% year over year, while EPS of $0.86 matched estimates. The stock opened at $86.08, near the lower end of its 52-week range of $82.59 to $108.71, while insiders sold 6,000 shares worth $550,530 over the past three months.

Engineers Gate Manager LP cut its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 32.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 163,984 shares of the specialty retailer's stock after selling 78,038 shares during the quarter. Engineers Gate Manager LP's holdings in O'Reilly Automotive were worth $15,101,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Cidel Asset Management Inc. boosted its stake in shares of O'Reilly Automotive by 10.5% during the 2nd quarter. Cidel Asset Management Inc. now owns 3,573 shares of the specialty retailer's stock valued at $329,000 after buying an additional 340 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its holdings in O'Reilly Automotive by 12.8% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,426 shares of the specialty retailer's stock valued at $408,000 after acquiring an additional 501 shares in the last quarter. Maven Securities LTD acquired a new stake in O'Reilly Automotive in the second quarter valued at $2,189,000. Pointe Capital Management LLC boosted its stake in O'Reilly Automotive by 1.2% during the 2nd quarter. Pointe Capital Management LLC now owns 10,447 shares of the specialty retailer's stock valued at $962,000 after acquiring an additional 127 shares during the last quarter. Finally, IFP Advisors Inc boosted its stake in O'Reilly Automotive by 58.8% during the 2nd quarter. IFP Advisors Inc now owns 54,869 shares of the specialty retailer's stock valued at $5,053,000 after acquiring an additional 20,323 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Wells Fargo & Company set a $100.00 price objective on shares of O'Reilly Automotive in a report on Friday, July 24th. TD Cowen reduced their price target on shares of 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. Citigroup reiterated a "buy" rating and issued a $106.00 price target (up from $104.00) on shares of O'Reilly Automotive in a research note on Monday, August 3rd. Weiss Ratings lowered O'Reilly Automotive from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, August 27th. Finally, Raymond James Financial restated an "outperform" rating and set a $110.00 price objective on shares of O'Reilly Automotive in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $107.24.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, Director Thomas Hendrickson sold 1,000 shares of O'Reilly Automotive stock in a transaction on Friday, August 28th. The stock was sold at an average price of $87.83, for a total transaction of $87,830.00. Following the sale, the director owned 18,675 shares of the company's stock, valued at $1,640,225.25. The trade was a 5.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Christopher Mancini sold 3,000 shares of the stock in a transaction 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 completion of the transaction, the senior vice president directly owned 189 shares of the company's stock, valued at approximately $17,577. The trade was a 94.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,000 shares of company stock worth $550,530 in the last three months. 0.77% of the stock is owned by company insiders.

O'Reilly Automotive Stock Up 0.2%

ORLY stock opened at $86.08 on Thursday. The stock has a market cap of $69.64 billion, a PE ratio of 27.41, a price-to-earnings-growth ratio of 2.13 and a beta of 0.52. The firm's 50-day simple moving average is $88.72 and its 200 day simple moving average is $90.43. O'Reilly Automotive, Inc. has a fifty-two week low of $82.59 and a fifty-two week high of $108.71.

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. O'Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The firm had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period in the previous year, the business posted $0.78 EPS. O'Reilly Automotive's revenue was up 8.1% on a year-over-year basis. O'Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Equities analysts forecast that O'Reilly Automotive, Inc. will post 3.27 EPS for the current fiscal 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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