TimesSquare Capital Management LLC Takes $86.36 Million Position in O’Reilly Automotive, Inc. $ORLY

TimesSquare Capital Management LLC acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 937,723 shares of the specialty retailer’s stock, valued at approximately $86,355,000. O’Reilly Automotive accounts for 1.3% of TimesSquare Capital Management LLC’s holdings, making the stock its 19th biggest holding. TimesSquare Capital Management LLC owned approximately 0.11% of O’Reilly Automotive at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ORLY. Tucker Asset Management LLC acquired a new position in O’Reilly Automotive in the 4th quarter valued at about $26,000. Wilkerson Advisory Group LLC acquired a new stake in shares of O’Reilly Automotive during the fourth quarter worth about $27,000. Kelleher Financial Advisors acquired a new stake in shares of O’Reilly Automotive during the second quarter worth about $28,000. Whipplewood Advisors LLC boosted its stake in shares of O’Reilly Automotive by 1,552.6% in the first quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 295 shares during the period. Finally, Bell Investment Advisors Inc acquired a new position in shares of O’Reilly Automotive in the second quarter valued at approximately $29,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Robert Allen Dumas sold 84,600 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $92.60, for a total transaction of $7,833,960.00. Following the sale, the senior vice president owned 1,782 shares of the company’s stock, valued at approximately $165,013.20. This trade represents a 97.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas Hendrickson sold 1,200 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $88.32, for a total value of $105,984.00. Following the sale, the director owned 19,675 shares of the company’s stock, valued at approximately $1,737,696. The trade was a 5.75% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 90,800 shares of company stock worth $8,402,644. Insiders own 0.77% of the company’s stock.

O’Reilly Automotive Trading Down 0.9%

Shares of ORLY stock opened at $90.23 on Tuesday. The company has a market cap of $72.99 billion, a P/E ratio of 28.74, a PEG ratio of 1.99 and a beta of 0.51. The firm has a fifty day moving average price of $88.93 and a 200 day moving average price of $91.28. O’Reilly Automotive, Inc. has a 12 month low of $82.59 and a 12 month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.86. The company had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. O’Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.O’Reilly Automotive’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the firm earned $0.78 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 3.27 EPS for the current year.

Analysts Set New Price Targets

ORLY has been the topic of a number of research reports. Citigroup reiterated a “buy” rating and set a $106.00 target price (up from $104.00) on shares of O’Reilly Automotive in a report on Monday, August 3rd. Mizuho boosted their target price on O’Reilly Automotive from $105.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. TD Cowen cut their price target on O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Evercore restated an “outperform” rating and set a $115.00 price target on shares of O’Reilly Automotive in a report on Friday, May 1st. Finally, Truist Financial set a $108.00 price target on O’Reilly Automotive in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $107.24.

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.