Denali Advisors LLC bought a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) in the second quarter, Holdings Channel reports. The fund bought 10,267 shares of the specialty retailer’s stock, valued at approximately $945,000.
Several other large investors have also recently made changes to their positions in ORLY. BlackRock Inc. bought a new stake in shares of O’Reilly Automotive in the 2nd quarter worth approximately $5,950,042,000. Norges Bank purchased a new position in O’Reilly Automotive during the fourth quarter valued at $1,134,311,000. Bank of New York Mellon Corp purchased a new position in O’Reilly Automotive during the second quarter valued at $1,023,936,000. Akre Capital Management LLC raised its stake in O’Reilly Automotive by 989.3% during the second quarter. Akre Capital Management LLC now owns 9,410,714 shares of the specialty retailer’s stock valued at $848,188,000 after buying an additional 8,546,804 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in O’Reilly Automotive by 25.1% in the fourth quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer’s stock worth $1,345,829,000 after acquiring an additional 2,964,945 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on ORLY shares. UBS Group restated a “buy” rating on shares of O’Reilly Automotive in a report on Friday, July 31st. The Goldman Sachs Group reiterated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, August 3rd. Wells Fargo & Company set a $100.00 price objective on shares of O’Reilly Automotive in a research report on Friday, July 24th. Citigroup restated 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, Weiss Ratings upgraded shares of O’Reilly Automotive from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average price target of $107.24.
Insider Transactions at O’Reilly Automotive
In other news, Director Thomas Hendrickson sold 1,200 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $88.32, for a total transaction of $105,984.00. Following the completion of the transaction, the director directly owned 19,675 shares of the company’s stock, valued at $1,737,696. The trade was a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Christopher Andrew Mancini sold 3,000 shares of the stock in a transaction that occurred 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 owned 189 shares in the company, valued at approximately $17,577. This trade represents a 94.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 6,200 shares of company stock worth $568,684 over the last three months. 0.77% of the stock is currently owned by company insiders.
O’Reilly Automotive Stock Performance
NASDAQ ORLY opened at $89.08 on Friday. O’Reilly Automotive, Inc. has a one year low of $82.59 and a one year high of $108.71. The stock has a 50-day moving average of $88.95 and a 200 day moving average of $91.08. The company has a market capitalization of $72.06 billion, a price-to-earnings ratio of 28.37, a PEG ratio of 1.99 and a beta of 0.51.
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 for the quarter, hitting analysts’ consensus estimates of $0.86. The business had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. O’Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.O’Reilly Automotive’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.78 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.
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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