Inspire Investing LLC reduced its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 12.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,306 shares of the specialty retailer’s stock after selling 9,812 shares during the period. Inspire Investing LLC’s holdings in O’Reilly Automotive were worth $5,663,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in ORLY. BIP Wealth LLC grew its position in shares of O’Reilly Automotive by 3.0% during the third quarter. BIP Wealth LLC now owns 4,807 shares of the specialty retailer’s stock valued at $411,000 after purchasing an additional 142 shares in the last quarter. Compass Wealth Management LLC bought a new stake in shares of O’Reilly Automotive in the 3rd quarter worth about $58,000. Howland Capital Management LLC boosted its stake in shares of O’Reilly Automotive by 2.3% during the 3rd quarter. Howland Capital Management LLC now owns 506,740 shares of the specialty retailer’s stock worth $43,281,000 after purchasing an additional 11,528 shares during the period. NBT Bank N.A. purchased a new position in shares of O’Reilly Automotive during the 3rd quarter worth about $484,000. Finally, Root Financial Partners LLC purchased a new position in shares of O’Reilly Automotive during the 3rd quarter worth about $136,000. 85.00% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
ORLY has been the topic of several analyst reports. Roth Capital reiterated a “buy” rating and set a $111.00 price target (up from $109.00) on shares of O’Reilly Automotive in a report on Friday, July 31st. Morgan Stanley decreased their price objective on shares of O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Wolfe Research set a $98.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, July 15th. Weiss Ratings lowered O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, August 27th. Finally, DA Davidson reaffirmed a “buy” rating and set a $106.00 target price on shares of O’Reilly Automotive in a research note on Wednesday, September 16th. Sixteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $107.32.
Read Our Latest Report on ORLY
Insider Activity at O’Reilly Automotive
In other O’Reilly Automotive news, Director Thomas Hendrickson sold 1,000 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $87.83, for a total value of $87,830.00. Following the completion of the sale, the director directly owned 18,675 shares of the company’s stock, valued at $1,640,225.25. The trade was a 5.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Maria Sastre sold 2,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was 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 $1,374,994.50. This represents a 11.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 6,000 shares of company stock worth $550,530 in the last 90 days. 0.77% of the stock is owned by corporate insiders.
O’Reilly Automotive Trading Down 2.3%
NASDAQ:ORLY opened at $89.92 on Friday. O’Reilly Automotive, Inc. has a twelve month low of $82.59 and a twelve month high of $102.46. The company has a market cap of $72.74 billion, a price-to-earnings ratio of 28.64, a price-to-earnings-growth ratio of 2.28 and a beta of 0.54. The stock has a fifty day simple moving average of $87.23 and a 200-day simple moving average of $89.19.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 EPS for the quarter, hitting analysts’ consensus estimates of $0.86. The firm had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.78 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. As a group, equities research analysts predict that O’Reilly Automotive, Inc. will post 3.28 EPS for the current fiscal year.
O’Reilly Automotive Profile
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves both do-it-yourself customers and professional service technicians, offering products used for vehicle maintenance, repair and customization. Its merchandise includes replacement parts, batteries, filters, lighting products, shop equipment, automotive chemicals and related accessories.
Founded in 1957 by the O’Reilly family, the company began as a single store in Springfield, Missouri.
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