Rockbridge Asset Management LLC Purchases New Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• Rockbridge Asset Management acquired 143,595 O’Reilly Automotive shares worth approximately $13.2 million, making ORLY its third-largest holding at 8.5% of the portfolio. Institutional investors collectively own 85% of the company.
• Analysts maintain a positive outlook, with a consensus “Moderate Buy” rating and an average price target of $107.24; ratings include one Strong Buy, 15 Buys and two Holds.
• O’Reilly reported quarterly revenue of $4.89 billion, up 8.1% year over year, while EPS of $0.86 matched estimates. Shares opened at $91.20, and insiders have sold 6,200 shares worth about $568,684 over the past 90 days.

Rockbridge Asset Management LLC acquired a new position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 143,595 shares of the specialty retailer's stock, valued at approximately $13,224,000. O'Reilly Automotive makes up 8.5% of Rockbridge Asset Management LLC's investment portfolio, making the stock its 3rd biggest position.

Several other institutional investors have also recently made changes to their positions in ORLY. BlackRock Inc. bought a new position in O'Reilly Automotive in the 2nd quarter valued at approximately $5,950,042,000. Norges Bank bought a new position in O'Reilly Automotive in the fourth quarter valued at about $1,134,311,000. Bank of New York Mellon Corp purchased a new position in shares of O'Reilly Automotive in the second quarter worth approximately $1,023,936,000. Akre Capital Management LLC boosted its stake in shares of O'Reilly Automotive by 989.3% during the 2nd quarter. Akre Capital Management LLC now owns 9,410,714 shares of the specialty retailer's stock worth $848,188,000 after acquiring an additional 8,546,804 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in O'Reilly Automotive by 25.1% during the fourth quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer's stock valued at $1,345,829,000 after purchasing an additional 2,964,945 shares in the last quarter. Institutional investors own 85.00% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on ORLY shares. Wells Fargo & Company set a $100.00 target price on shares of O'Reilly Automotive in a research note on Friday, July 24th. Weiss Ratings upgraded O'Reilly Automotive from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, August 12th. DA Davidson set a $106.00 price target on O'Reilly Automotive in a research report on Friday, July 31st. Citigroup reaffirmed a "buy" rating and set a $106.00 price objective (up from $104.00) on shares of O'Reilly Automotive in a research note on Monday, August 3rd. Finally, UBS Group restated a "buy" rating on shares of O'Reilly Automotive in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $107.24.

O'Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $91.20 on Thursday. O'Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $108.71. The firm has a market capitalization of $73.78 billion, a P/E ratio of 29.04, a P/E/G ratio of 1.98 and a beta of 0.51. The business's 50-day moving average is $88.97 and its 200 day moving average is $91.15.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.86. O'Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The company had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same quarter last year, the business posted $0.78 EPS. The firm'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, analysts expect that O'Reilly Automotive, Inc. will post 3.27 EPS for the current year.

Insiders Place Their Bets

In other O'Reilly Automotive news, Director Maria Sastre sold 2,000 shares of O'Reilly Automotive stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total transaction of $183,700.00. Following the sale, the director owned 14,970 shares of the company's stock, valued at $1,374,994.50. The trade was a 11.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas Hendrickson sold 1,200 shares of the business's stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $88.32, for a total value of $105,984.00. Following the transaction, the director owned 19,675 shares in the company, valued at approximately $1,737,696. This represents a 5.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 6,200 shares of company stock worth $568,684. 0.77% of the stock is owned by corporate insiders.

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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