Meritage Portfolio Management Boosts Stock Position in O’Reilly Automotive, Inc. $ORLY

Meritage Portfolio Management lifted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 89.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 146,040 shares of the specialty retailer’s stock after purchasing an additional 68,910 shares during the quarter. O’Reilly Automotive accounts for approximately 0.9% of Meritage Portfolio Management’s investment portfolio, making the stock its 20th largest position. Meritage Portfolio Management’s holdings in O’Reilly Automotive were worth $13,320,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ORLY. Akre Capital Management LLC grew its holdings in shares of O’Reilly Automotive by 989.3% in 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 purchasing an additional 8,546,804 shares in the last quarter. Alphinity Investment Management Pty Ltd purchased a new position in shares of O’Reilly Automotive in the third quarter valued at $435,620,000. Rakuten Investment Management Inc. purchased a new position in shares of O’Reilly Automotive in the third quarter valued at $365,417,000. Ameriprise Financial Inc. grew its holdings in shares of O’Reilly Automotive by 1,316.5% in the second quarter. Ameriprise Financial Inc. now owns 3,027,830 shares of the specialty retailer’s stock valued at $272,871,000 after purchasing an additional 2,814,071 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of O’Reilly Automotive by 1,277.3% in the second quarter. Raymond James Financial Inc. now owns 2,346,977 shares of the specialty retailer’s stock valued at $211,533,000 after purchasing an additional 2,176,568 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of analyst reports. Citigroup lowered their price target on O’Reilly Automotive from $114.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, February 9th. Mizuho set a $105.00 price target on O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Friday, February 6th. Morgan Stanley set a $108.00 price target on O’Reilly Automotive in a research report on Monday, February 9th. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Wednesday, January 28th. Finally, Wolfe Research upgraded O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $110.26.

O’Reilly Automotive Stock Down 0.9%

Shares of ORLY opened at $92.83 on Tuesday. The company has a market cap of $77.67 billion, a PE ratio of 31.33, a P/E/G ratio of 2.08 and a beta of 0.60. The business has a fifty day moving average of $92.65 and a 200 day moving average of $95.34. O’Reilly Automotive, Inc. has a 52-week low of $86.77 and a 52-week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 4th. The specialty retailer reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.01). The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.39 billion. O’Reilly Automotive had a negative return on equity of 239.04% and a net margin of 14.27%.The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $9.50 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.100-3.200 EPS. As a group, research analysts anticipate that O’Reilly Automotive, Inc. will post 3.23 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.