O'Reilly Automotive, Inc. $ORLY Stock: Axxcess Wealth Management LLC Cuts Stake

Key Points

• Axxcess Wealth Management cut its O'Reilly Automotive stake by 59.6% in the third quarter, selling 13,272 shares and retaining 9,006 shares valued at approximately $769,000.
• Despite Axxcess’s reduction, several other institutions increased their positions, and hedge funds and institutional investors collectively own about 85% of ORLY shares.
• Analysts remain broadly bullish, with 16 Buy ratings and four Holds, producing a “Moderate Buy” consensus and an average price target of $107.32 versus the reported share price of $89.92.

Axxcess Wealth Management LLC trimmed its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 59.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,006 shares of the specialty retailer's stock after selling 13,272 shares during the period. Axxcess Wealth Management LLC's holdings in O'Reilly Automotive were worth $769,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Carnegie Investment Counsel boosted its stake in shares of O'Reilly Automotive by 11.5% during the third quarter. Carnegie Investment Counsel now owns 544,248 shares of the specialty retailer's stock valued at $44,801,000 after purchasing an additional 56,196 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of O'Reilly Automotive by 1.2% in the third quarter. Nisa Investment Advisors LLC now owns 263,903 shares of the specialty retailer's stock worth $22,540,000 after buying an additional 3,183 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in shares of O'Reilly Automotive by 10.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 150,539 shares of the specialty retailer's stock worth $12,858,000 after acquiring an additional 14,135 shares during the last quarter. Kenora Financial LLC increased its position in O'Reilly Automotive by 52.9% during the third quarter. Kenora Financial LLC now owns 9,921 shares of the specialty retailer's stock worth $847,000 after purchasing an additional 3,434 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in O'Reilly Automotive by 0.8% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 129,116 shares of the specialty retailer's stock valued at $11,028,000 after purchasing an additional 1,069 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. TD Cowen lowered their target price 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 reaffirmed a "buy" rating on shares of O'Reilly Automotive in a report on Friday, July 31st. Wells Fargo & Company set a $100.00 price objective on shares of O'Reilly Automotive and gave the company an "overweight" rating in a research report on Friday, July 24th. Raymond James Financial restated an "outperform" rating and set a $110.00 target price (down from $115.00) on shares of O'Reilly Automotive in a report on Friday, July 31st. Finally, Roth Capital restated a "buy" rating and issued a $111.00 target price (up from $109.00) on shares of O'Reilly Automotive in a report on Friday, July 31st. Sixteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, O'Reilly Automotive presently has an average rating of "Moderate Buy" and an average target price of $107.32.

Insider Buying and Selling at O'Reilly Automotive

In other 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 transaction, the director directly owned 18,675 shares in the company, valued at approximately $1,640,225.25. This trade represents a 5.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Maria Sastre sold 2,000 shares of the company's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total transaction of $183,700.00. Following the completion of the sale, the director directly owned 14,970 shares of the company's stock, valued at $1,374,994.50. The trade was a 11.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 6,000 shares of company stock valued at $550,530. 0.77% of the stock is owned by corporate insiders.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock opened at $89.92 on Friday. O'Reilly Automotive, Inc. has a 1-year low of $82.59 and a 1-year high of $102.46. The business has a 50-day moving average of $87.23 and a 200-day moving average of $89.19. The company has a market capitalization of $72.74 billion, a PE ratio of 28.64, a P/E/G ratio of 2.23 and a beta of 0.54.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, meeting the consensus estimate of $0.86. O'Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%. 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 company earned $0.78 earnings per share. O'Reilly Automotive's quarterly 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. On average, equities analysts expect that O'Reilly Automotive, Inc. will post 3.28 earnings per share 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 both do-it-yourself customers and professional service technicians, offering products used for vehicle maintenance, repair and customization. Its merchandise includes replacement parts, batteries, filters, lighting products, shop equipment, automotive chemicals and related accessories.

Founded in 1957 by the O'Reilly family, the company began as a single store in Springfield, Missouri.

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