Parnassus Investments LLC Sells 47,023 Shares of O’Reilly Automotive, Inc. $ORLY

Parnassus Investments LLC lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 619,351 shares of the specialty retailer’s stock after selling 47,023 shares during the quarter. Parnassus Investments LLC’s holdings in O’Reilly Automotive were worth $56,491,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Eagle Bay Advisors LLC bought a new stake in O’Reilly Automotive during the fourth quarter worth $25,000. Tucker Asset Management LLC bought a new stake in O’Reilly Automotive during the fourth quarter worth $26,000. IAG Wealth Partners LLC bought a new stake in O’Reilly Automotive during the third quarter worth $31,000. Ares Financial Consulting LLC bought a new stake in O’Reilly Automotive during the fourth quarter worth $34,000. Finally, Commonwealth Retirement Investments LLC bought a new stake in O’Reilly Automotive during the fourth quarter worth $34,000. Institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, CEO Brad W. Beckham sold 13,635 shares of the company’s 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 completion of the transaction, the chief executive officer owned 12,250 shares in the company, valued at $1,163,750. This represents a 52.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas Hendrickson sold 1,200 shares of the company’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $88.32, for a total value of $105,984.00. Following the completion of the transaction, the director owned 19,675 shares of the company’s stock, valued at $1,737,696. This trade represents a 5.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 105,730 shares of company stock worth $9,815,388. Company insiders own 0.77% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $90.10 on Friday. The company has a market capitalization of $74.67 billion, a PE ratio of 29.44, a price-to-earnings-growth ratio of 2.00 and a beta of 0.53. The business has a fifty day moving average price of $91.62 and a two-hundred day moving average price of $93.38. O’Reilly Automotive, Inc. has a 1 year low of $85.35 and a 1 year high of $108.71.

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

Analysts Set New Price Targets

ORLY has been the subject of several recent research reports. Roth Mkm reiterated a “buy” rating and set a $109.00 price target on shares of O’Reilly Automotive in a report on Monday, May 4th. Morgan Stanley reiterated an “overweight” rating and set a $112.00 price target on shares of O’Reilly Automotive in a report on Thursday, April 30th. TD Cowen reiterated a “buy” rating and set a $117.00 price target (up from $115.00) on shares of O’Reilly Automotive in a report on Friday, May 1st. Robert W. Baird set a $110.00 price target on O’Reilly Automotive in a report on Friday, May 1st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $112.25.

O’Reilly Automotive 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.