Meeder Advisory Services Inc. Invests $2.53 Million in O’Reilly Automotive, Inc. $ORLY

Meeder Advisory Services Inc. purchased a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 27,498 shares of the specialty retailer’s stock, valued at approximately $2,532,000.

A number of other hedge funds have also bought and sold shares of ORLY. Meeder Asset Management Inc. bought a new position in shares of O’Reilly Automotive in the second quarter worth $1,114,000. Tiemann Investment Advisors LLC bought a new stake in shares of O’Reilly Automotive during the 2nd quarter valued at $267,000. Citizens Financial Group Inc. RI purchased a new stake in O’Reilly Automotive during the 2nd quarter worth about $7,628,000. Texas Capital Bank Wealth Management Services Inc bought a new position in O’Reilly Automotive in the 2nd quarter worth about $412,000. Finally, Cornerstone Advisors LLC purchased a new position in O’Reilly Automotive during the 2nd quarter valued at about $17,438,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ORLY has been the topic of several analyst reports. Morgan Stanley decreased their price target on O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Raymond James Financial reaffirmed an “outperform” rating and set a $110.00 price objective on shares of O’Reilly Automotive in a research note on Friday, July 31st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of O’Reilly Automotive in a report on Monday, August 3rd. DA Davidson set a $106.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 31st. Finally, Evercore reissued an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $107.24.

Read Our Latest Analysis on ORLY

O’Reilly Automotive Trading Up 0.6%

Shares of ORLY opened at $90.76 on Wednesday. O’Reilly Automotive, Inc. has a 12-month low of $82.59 and a 12-month high of $108.71. The company has a market cap of $73.42 billion, a PE ratio of 28.90, a price-to-earnings-growth ratio of 1.99 and a beta of 0.51. The stock has a 50-day moving average price of $88.96 and a 200-day moving average price of $91.20.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last announced its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.86. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The business 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 earnings per share. O’Reilly Automotive’s revenue for the quarter 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. As a group, analysts predict that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current year.

Insider Transactions at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 3,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were 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 in the company, valued at approximately $17,577. The trade was a 94.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maria Sastre sold 2,000 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total value of $183,700.00. Following the completion of the transaction, the director directly owned 14,970 shares in the company, valued at approximately $1,374,994.50. This represents a 11.79% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 6,200 shares of company stock valued at $568,684. Insiders own 0.77% of the company’s stock.

O’Reilly Automotive Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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