O’Reilly Automotive, Inc. $ORLY Position Reduced by TD Asset Management Inc

TD Asset Management Inc trimmed its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.3% during the fourth quarter, HoldingsChannel reports. The fund owned 2,073,541 shares of the specialty retailer’s stock after selling 163,558 shares during the quarter. TD Asset Management Inc’s holdings in O’Reilly Automotive were worth $189,128,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC bought a new position in O’Reilly Automotive during the 4th quarter valued at $25,000. IAG Wealth Partners LLC bought a new position in shares of O’Reilly Automotive in the 3rd quarter worth about $31,000. Tucker Asset Management LLC bought a new position in shares of O’Reilly Automotive in the 4th quarter worth about $26,000. Ares Financial Consulting LLC bought a new position in shares of O’Reilly Automotive in the 4th quarter worth about $34,000. Finally, Westside Investment Management Inc. lifted its position in shares of O’Reilly Automotive by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 390 shares of the specialty retailer’s stock worth $41,000 after buying an additional 195 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Robert Allen Dumas sold 84,600 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $92.60, for a total value of $7,833,960.00. Following the completion of the transaction, the senior vice president directly owned 1,782 shares in the company, valued at $165,013.20. This trade represents a 97.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director John Raymond Murphy sold 2,595 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $88.67, for a total transaction of $230,098.65. Following the completion of the transaction, the director owned 4,000 shares of the company’s stock, valued at approximately $354,680. The trade was a 39.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 105,730 shares of company stock worth $9,815,388. Company insiders own 0.77% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the topic of a number of recent research reports. Truist Financial set a $108.00 price target on shares of O’Reilly Automotive in a research report on Thursday, April 30th. Wells Fargo & Company restated an “overweight” rating and issued a $110.00 price target (up from $105.00) on shares of O’Reilly Automotive in a research report on Thursday, April 30th. DA Davidson raised their price target on shares of O’Reilly Automotive from $110.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Mizuho increased their price objective on shares of O’Reilly Automotive from $105.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Finally, Robert W. Baird set a $110.00 price objective on shares of O’Reilly Automotive in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus target price of $112.25.

O’Reilly Automotive Trading Up 1.2%

O’Reilly Automotive stock opened at $88.40 on Friday. The stock has a market cap of $73.26 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 1.93 and a beta of 0.53. The company’s 50-day moving average price is $91.79 and its two-hundred day moving average price is $93.71. O’Reilly Automotive, Inc. has a 52 week low of $85.35 and a 52 week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, April 29th. The specialty retailer reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The firm 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%. O’Reilly Automotive’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the company earned $9.35 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. 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.