O’Reilly Automotive, Inc. $ORLY Shares Sold by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. trimmed its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.3% in the third quarter, HoldingsChannel.com reports. The fund owned 630,000 shares of the specialty retailer’s stock after selling 35,000 shares during the period. O’Reilly Automotive accounts for 1.9% of Schwartz Investment Counsel Inc.’s holdings, making the stock its 16th largest position. Schwartz Investment Counsel Inc.’s holdings in O’Reilly Automotive were worth $53,808,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ORLY. BlackRock Inc. purchased a new stake in O’Reilly Automotive during the second quarter worth about $5,950,042,000. Bank of New York Mellon Corp acquired a new stake in shares of O’Reilly Automotive during the second quarter worth about $1,023,936,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of O’Reilly Automotive by 1.5% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,329,667 shares of the specialty retailer’s stock worth $859,169,000 after purchasing an additional 141,915 shares in the last quarter. Amundi lifted its position in shares of O’Reilly Automotive by 19.7% during the first quarter. Amundi now owns 8,497,984 shares of the specialty retailer’s stock worth $784,449,000 after purchasing an additional 1,397,671 shares in the last quarter. Finally, Bank of America Corp DE purchased a new position in shares of O’Reilly Automotive in the second quarter valued at approximately $721,747,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ORLY shares. TD Cowen dropped their price objective on shares of O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating for the company in a report on Friday, July 31st. Raymond James Financial reaffirmed an “outperform” rating and set a $110.00 target price (down from $115.00) on shares of O’Reilly Automotive in a research note on Friday, July 31st. Citigroup reiterated 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. BNP Paribas Exane reduced their target price on shares of O’Reilly Automotive from $116.00 to $115.00 and set an “outperform” rating on the stock in a report on Friday, July 31st. Finally, UBS Group reissued a “buy” rating on shares of O’Reilly Automotive in a research report on Friday, July 31st. Seventeen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and an average price target of $108.11.

O’Reilly Automotive News Roundup

Here are the key news stories impacting O’Reilly Automotive this week:

• Positive Sentiment: O’Reilly Automotive recently moved above its 200-day moving average after finding support, a technical development that suggests improving long-term momentum. O’Reilly Automotive Crossed Above the 200-Day Moving Average
• Positive Sentiment: Bank of America initiated coverage with a Buy rating and a $106 price target, implying meaningful upside from the recent trading level. The firm also said O’Reilly, AutoZone, and Advance Auto Parts could benefit on a net basis from inflation, potentially through higher prices and resilient demand for vehicle maintenance.
• Neutral Sentiment: Investors are focused on the upcoming third-quarter earnings report. Key issues will include sales growth, comparable-store trends, margins, and whether management maintains its full-year outlook. The company’s latest reported quarter showed revenue growth of 8.1% and earnings in line with estimates.
• Neutral Sentiment: A long-term performance article highlights O’Reilly Automotive’s substantial wealth creation over the past decade, reinforcing the company’s history of strong execution but offering limited information about near-term earnings or valuation.
• Neutral Sentiment: Reported October short interest was listed at zero shares, producing a zero-day short-interest ratio. If accurate, this suggests limited short-selling activity, although the figure may reflect a reporting or data anomaly.
• Negative Sentiment: Evercore ISI lowered its price target to $110 from $115. Although the revised target remains above the current market level, the cut signals somewhat reduced expectations for future upside. Evercore ISI Adjusts Price Target

Insider Buying and Selling

In related news, SVP Christopher Mancini sold 3,000 shares of O’Reilly Automotive stock in a transaction that occurred 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 owned 189 shares in the company, valued at $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 available through this hyperlink. Also, Director Thomas Hendrickson sold 1,000 shares of the business’s stock in a transaction that occurred 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 owned 18,675 shares of the company’s stock, valued at $1,640,225.25. This trade represents a 5.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 6,000 shares of company stock worth $550,530 over the last 90 days. 0.77% of the stock is owned by insiders.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock opened at $89.82 on Wednesday. O’Reilly Automotive, Inc. has a one year low of $82.59 and a one year high of $102.46. The company has a market cap of $72.66 billion, a PE ratio of 28.61 and a beta of 0.54. The business has a 50-day simple moving average of $87.28 and a 200-day simple moving average of $90.60.

O’Reilly Automotive (NASDAQ:ORLY) last released 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 firm had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.78 earnings per share. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 3.28 earnings per share for the current fiscal year.

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.