Meeder Asset Management Inc. bought a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 12,099 shares of the specialty retailer’s stock, valued at approximately $1,114,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Tucker Asset Management LLC acquired a new position in shares of O’Reilly Automotive in the fourth quarter worth about $26,000. Wilkerson Advisory Group LLC acquired a new stake in shares of O’Reilly Automotive during the 4th quarter valued at about $27,000. Kelleher Financial Advisors purchased a new position in shares of O’Reilly Automotive in the 2nd quarter valued at about $28,000. Whipplewood Advisors LLC increased its stake in shares of O’Reilly Automotive by 1,552.6% in the 1st quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 295 shares in the last quarter. Finally, Bell Investment Advisors Inc acquired a new position in O’Reilly Automotive in the 2nd quarter worth about $29,000. Institutional investors and hedge funds own 85.00% of the company’s stock.
Insider Transactions at O’Reilly Automotive
In other news, SVP Christopher Andrew Mancini sold 3,000 shares of the stock in a transaction dated Wednesday, August 12th. The shares were 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 in the company, valued at approximately $17,577. This represents a 94.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas Hendrickson sold 1,200 shares of the company’s stock in a transaction that occurred 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 sale, the director directly owned 19,675 shares of the company’s stock, valued at approximately $1,737,696. This represents a 5.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 6,200 shares of company stock worth $568,684. Company insiders own 0.77% of the company’s stock.
O’Reilly Automotive Stock Performance
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, hitting the consensus estimate of $0.86. O’Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The firm had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter in the previous year, the business earned $0.78 earnings per share. The firm’s revenue was up 8.1% compared to the same quarter last year. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Equities analysts forecast that O’Reilly Automotive, Inc. will post 3.27 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
ORLY has been the topic of several research analyst reports. Raymond James Financial reissued an “outperform” rating and issued a $110.00 price objective on shares of O’Reilly Automotive in a report on Friday, July 31st. The Goldman Sachs Group restated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, August 3rd. Truist Financial set a $108.00 price objective on shares of O’Reilly Automotive in a report on Thursday, April 30th. DA Davidson set a $106.00 target price on O’Reilly Automotive in a report on Friday, July 31st. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of O’Reilly Automotive in a research note on Friday, April 24th. One research 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $107.24.
Read Our Latest Analysis on ORLY
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.
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