TD Waterhouse Canada Inc. Sells 27,225 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• TD Waterhouse Canada reduced its O'Reilly Automotive stake by 17.9%, selling 27,225 shares and retaining 125,149 shares valued at approximately $10.6 million.
• Institutional investors own about 85% of ORLY, while company insiders have sold 6,000 shares worth $550,530 over the past three months.
• O'Reilly reported revenue growth of 8.1% year over year and met quarterly EPS expectations at $0.86. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $107.26.

TD Waterhouse Canada Inc. cut its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 17.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,149 shares of the specialty retailer's stock after selling 27,225 shares during the period. TD Waterhouse Canada Inc.'s holdings in O'Reilly Automotive were worth $10,644,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. First National Bank of Mount Dora Trust Investment Services increased its holdings in O'Reilly Automotive by 26.8% in the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 58,297 shares of the specialty retailer's stock valued at $5,381,000 after buying an additional 12,316 shares during the last quarter. Swiss National Bank lifted its holdings in O'Reilly Automotive by 6.5% during the 1st quarter. Swiss National Bank now owns 2,477,200 shares of the specialty retailer's stock worth $228,670,000 after buying an additional 152,100 shares during the last quarter. Nykredit A S acquired a new position in shares of O'Reilly Automotive in the 2nd quarter worth approximately $34,040,000. Corient Private Wealth LP increased its holdings in shares of O'Reilly Automotive by 46.0% in the 2nd quarter. Corient Private Wealth LP now owns 1,077,091 shares of the specialty retailer's stock valued at $99,189,000 after acquiring an additional 339,465 shares during the last quarter. Finally, National Pension Service raised its position in shares of O'Reilly Automotive by 2.0% during the 2nd quarter. National Pension Service now owns 2,279,184 shares of the specialty retailer's stock valued at $209,890,000 after acquiring an additional 43,770 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other O'Reilly Automotive news, Director Thomas Hendrickson sold 1,000 shares of the firm's stock in a transaction on Friday, August 28th. The stock was sold at an average price of $87.83, for a total value of $87,830.00. Following the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Christopher Mancini sold 3,000 shares of the business's stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total transaction of $279,000.00. Following the transaction, the senior vice president directly owned 189 shares of the company's stock, valued at approximately $17,577. This trade represents a 94.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,000 shares of company stock valued at $550,530 over the last three months. Company insiders own 0.77% of the company's stock.

O'Reilly Automotive Stock Performance

Shares of O'Reilly Automotive stock opened at $89.27 on Monday. The business's 50 day simple moving average is $87.43 and its 200-day simple moving average is $89.23. The stock has a market capitalization of $72.22 billion, a price-to-earnings ratio of 28.43, a PEG ratio of 2.21 and a beta of 0.54. O'Reilly Automotive, Inc. has a twelve month low of $82.59 and a twelve month high of $102.46.

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 (EPS) for the quarter, hitting 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 business had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.86 billion. During the same quarter last year, the business posted $0.78 EPS. The business'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. Sell-side analysts predict that O'Reilly Automotive, Inc. will post 3.28 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on ORLY shares. UBS Group restated a "buy" rating on shares of O'Reilly Automotive in a research note on Friday, July 31st. TD Cowen lowered their target price on shares of O'Reilly Automotive from $117.00 to $110.00 and set a "buy" rating for the company in a research note on Friday, July 31st. Roth Capital reiterated a "buy" rating and set a $111.00 target price (up from $109.00) on shares of O'Reilly Automotive in a research note on Friday, July 31st. Raymond James Financial reissued 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, Citigroup reissued a "buy" rating and set a $106.00 target price (up from $104.00) on shares of O'Reilly Automotive in a report on Monday, August 3rd. Sixteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, O'Reilly Automotive presently has a consensus rating of "Moderate Buy" and a consensus price target of $107.26.

O'Reilly Automotive 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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