Havemeyer Place LP Acquires New Stake in O’Reilly Automotive, Inc. $ORLY

Havemeyer Place LP acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 7,866 shares of the specialty retailer’s stock, valued at approximately $717,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC increased its stake in shares of O’Reilly Automotive by 1,190.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,536 shares of the specialty retailer’s stock worth $319,000 after acquiring an additional 3,262 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of O’Reilly Automotive by 1,473.8% in the 2nd quarter. NewEdge Advisors LLC now owns 69,482 shares of the specialty retailer’s stock worth $6,262,000 after acquiring an additional 65,067 shares during the last quarter. Sei Investments Co. increased its stake in shares of O’Reilly Automotive by 383.1% in the 2nd quarter. Sei Investments Co. now owns 560,353 shares of the specialty retailer’s stock worth $50,502,000 after acquiring an additional 444,371 shares during the last quarter. BNP Paribas increased its stake in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. BNP Paribas now owns 390 shares of the specialty retailer’s stock worth $35,000 after acquiring an additional 364 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of O’Reilly Automotive by 1,357.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 498,745 shares of the specialty retailer’s stock worth $44,950,000 after acquiring an additional 464,536 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director Thomas Hendrickson sold 1,200 shares of the stock in a transaction on Friday, May 29th. The stock was 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 in the company, valued at approximately $1,737,696. This represents a 5.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Brad W. Beckham sold 13,635 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $95.00, for a total value of $1,295,325.00. Following the transaction, the chief executive officer owned 12,250 shares of the company’s stock, valued at approximately $1,163,750. This represents a 52.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 105,730 shares of company stock worth $9,815,388. Insiders own 0.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ORLY. Truist Financial set a $108.00 target price on O’Reilly Automotive in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Monday, April 27th. Roth Mkm reaffirmed a “buy” rating and issued a $109.00 target price on shares of O’Reilly Automotive in a research note on Monday, May 4th. Evercore reaffirmed an “outperform” rating and issued a $115.00 target price on shares of O’Reilly Automotive in a research note on Friday, May 1st. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $112.00 target price on shares of O’Reilly Automotive in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $112.25.

O’Reilly Automotive Trading Down 1.5%

NASDAQ ORLY opened at $89.02 on Tuesday. The stock has a market cap of $73.77 billion, a PE ratio of 29.09, a P/E/G ratio of 1.99 and a beta of 0.53. O’Reilly Automotive, Inc. has a twelve month low of $85.35 and a twelve month high of $108.71. The stock has a fifty day simple moving average of $91.71 and a 200-day simple moving average of $93.58.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, April 29th. The specialty retailer reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The business had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.46 billion. O’Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.The company’s revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the business posted $9.35 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. Research analysts predict that O’Reilly Automotive, Inc. will post 3.24 EPS for the current 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.