PNC Financial Services Group Inc. Has $46.90 Million Position in O’Reilly Automotive, Inc. $ORLY

PNC Financial Services Group Inc. cut its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 514,236 shares of the specialty retailer’s stock after selling 11,941 shares during the quarter. PNC Financial Services Group Inc.’s holdings in O’Reilly Automotive were worth $46,903,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Eagle Bay Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 4th quarter valued at $25,000. Tucker Asset Management LLC bought a new position in O’Reilly Automotive during the fourth quarter worth $26,000. IAG Wealth Partners LLC acquired a new stake in O’Reilly Automotive in the third quarter worth $31,000. Westfuller Advisors LLC bought a new stake in O’Reilly Automotive in the third quarter valued at $32,000. Finally, United Community Bank increased its stake in O’Reilly Automotive by 75.0% in the third quarter. United Community Bank now owns 315 shares of the specialty retailer’s stock valued at $34,000 after purchasing an additional 135 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Brad W. Beckham sold 13,635 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 12,250 shares in the company, valued at $1,163,750. This trade represents a 52.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Philip M. Hopper sold 3,700 shares of O’Reilly Automotive stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $94.60, for a total value of $350,020.00. Following the transaction, the senior vice president directly owned 4,888 shares in the company, valued at approximately $462,404.80. The trade was a 43.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 19,930 shares of company stock worth $1,875,444 over the last 90 days. 0.77% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. UBS Group increased their price objective on shares of O’Reilly Automotive from $114.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Evercore reaffirmed an “outperform” rating and issued a $115.00 target price on shares of O’Reilly Automotive in a research report on Friday, May 1st. Citigroup reaffirmed a “buy” rating and set a $115.00 price target (up from $110.00) on shares of O’Reilly Automotive in a research note on Friday, May 1st. Morgan Stanley reissued an “overweight” rating and issued a $112.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, April 30th. Finally, DA Davidson boosted their price objective on O’Reilly Automotive from $110.00 to $114.00 and gave the company a “buy” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $112.25.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $92.34 on Friday. O’Reilly Automotive, Inc. has a one year low of $86.77 and a one year high of $108.71. The company has a market cap of $76.52 billion, a PE ratio of 30.18, a PEG ratio of 2.03 and a beta of 0.58. The firm has a 50-day moving average of $92.02 and a 200-day moving average of $94.26.

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

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.