Palisade Capital Management LP Invests $10.23 Million in O’Reilly Automotive, Inc. $ORLY

Palisade Capital Management LP acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the second quarter, Holdings Channel reports. The institutional investor acquired 111,072 shares of the specialty retailer’s stock, valued at approximately $10,229,000.

Other institutional investors have also made changes to their positions in the company. Pinnacle Wealth Management Advisory Group LLC grew its position in O’Reilly Automotive by 2.4% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,397 shares of the specialty retailer’s stock valued at $401,000 after purchasing an additional 104 shares in the last quarter. Quadcap Wealth Management LLC lifted its position in O’Reilly Automotive by 4.7% during the 3rd quarter. Quadcap Wealth Management LLC now owns 2,422 shares of the specialty retailer’s stock worth $261,000 after buying an additional 108 shares in the last quarter. Mainstream Capital Management LLC lifted its position in O’Reilly Automotive by 0.9% during the 1st quarter. Mainstream Capital Management LLC now owns 12,630 shares of the specialty retailer’s stock worth $1,166,000 after buying an additional 109 shares in the last quarter. Dynasty Wealth Management LLC lifted its position in O’Reilly Automotive by 2.7% during the 4th quarter. Dynasty Wealth Management LLC now owns 4,281 shares of the specialty retailer’s stock worth $390,000 after buying an additional 113 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC boosted its stake in shares of O’Reilly Automotive by 54.3% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 324 shares of the specialty retailer’s stock worth $30,000 after buying an additional 114 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ORLY. Weiss Ratings upgraded O’Reilly Automotive from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. TD Cowen reduced their price target on O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Truist Financial set a $108.00 price target on O’Reilly Automotive in a research report on Thursday, April 30th. Robert W. Baird set a $100.00 price target on O’Reilly Automotive in a research report on Friday, July 31st. Finally, Wells Fargo & Company set a $100.00 price objective on O’Reilly Automotive in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $107.24.

O’Reilly Automotive Price Performance

Shares of ORLY opened at $90.32 on Wednesday. The company has a market cap of $73.07 billion, a PE ratio of 28.76, a price-to-earnings-growth ratio of 1.98 and a beta of 0.51. The firm has a 50-day moving average of $88.92 and a 200-day moving average of $90.93. O’Reilly Automotive, Inc. has a one year low of $82.59 and a one year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly 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 the consensus estimate of $4.86 billion. O’Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The business’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.78 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Analysts expect that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current year.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total transaction of $279,000.00. Following the completion of the sale, the senior vice president owned 189 shares of the company’s stock, valued at $17,577. This trade represents a 94.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Maria Sastre sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total transaction of $183,700.00. Following the completion of the transaction, the director owned 14,970 shares in the company, valued at approximately $1,374,994.50. This represents a 11.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 6,200 shares of company stock valued at $568,684. 0.77% of the stock is owned by insiders.

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.