O’Reilly Automotive, Inc. $ORLY Shares Sold by Ninety One UK Ltd

Ninety One UK Ltd lessened its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 204,383 shares of the specialty retailer’s stock after selling 5,647 shares during the quarter. Ninety One UK Ltd’s holdings in O’Reilly Automotive were worth $22,035,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ORLY. Seascape Capital Management grew its position in shares of O’Reilly Automotive by 4.0% in the third quarter. Seascape Capital Management now owns 50,106 shares of the specialty retailer’s stock valued at $5,402,000 after purchasing an additional 1,919 shares during the period. Accurate Wealth Management LLC increased its stake in shares of O’Reilly Automotive by 2.6% during the third quarter. Accurate Wealth Management LLC now owns 5,706 shares of the specialty retailer’s stock worth $588,000 after purchasing an additional 146 shares in the last quarter. Miracle Mile Advisors LLC raised its position in shares of O’Reilly Automotive by 18.5% during the 3rd quarter. Miracle Mile Advisors LLC now owns 30,327 shares of the specialty retailer’s stock worth $3,270,000 after purchasing an additional 4,739 shares during the last quarter. IAM Advisory LLC lifted its stake in O’Reilly Automotive by 1.6% in the 3rd quarter. IAM Advisory LLC now owns 7,312 shares of the specialty retailer’s stock valued at $788,000 after buying an additional 114 shares in the last quarter. Finally, Nicholas Wealth LLC. lifted its stake in O’Reilly Automotive by 13.8% in the 3rd quarter. Nicholas Wealth LLC. now owns 16,358 shares of the specialty retailer’s stock valued at $1,764,000 after buying an additional 1,987 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Raymond James Financial upgraded O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price objective for the company in a research note on Wednesday, November 5th. Mizuho set a $112.00 price target on O’Reilly Automotive in a research report on Monday, October 20th. Robert W. Baird set a $115.00 price objective on O’Reilly Automotive and gave the company an “outperform” rating in a report on Wednesday, December 3rd. The Goldman Sachs Group set a $121.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research note on Friday, October 24th. Finally, Wells Fargo & Company set a $115.00 target price on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $112.05.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $91.21 on Friday. The stock’s fifty day moving average is $96.03 and its two-hundred day moving average is $98.22. The firm has a market capitalization of $76.99 billion, a P/E ratio of 31.60, a price-to-earnings-growth ratio of 2.15 and a beta of 0.63. O’Reilly Automotive, Inc. has a fifty-two week low of $78.71 and a fifty-two week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The business had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period last year, the company earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other news, SVP Christopher Andrew Mancini sold 2,355 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total transaction of $238,585.05. Following the sale, the senior vice president owned 28 shares of the company’s stock, valued at approximately $2,836.68. The trade was a 98.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the transaction, the director owned 8,125 shares of the company’s stock, valued at $752,375. The trade was a 27.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 8,980 shares of company stock worth $882,335 in the last ninety days. 1.01% of the stock is owned by insiders.

About O’Reilly Automotive

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.