Smithbridge Asset Management Inc. DE grew its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 100.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 13,500 shares of the specialty retailer’s stock after acquiring an additional 6,750 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in O’Reilly Automotive were worth $1,231,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of ORLY. Eagle Bay Advisors LLC bought a new stake in shares of O’Reilly Automotive during the 4th quarter worth approximately $25,000. Tucker Asset Management LLC bought a new stake in shares of O’Reilly Automotive during the 4th quarter worth approximately $26,000. IAG Wealth Partners LLC bought a new stake in shares of O’Reilly Automotive during the 3rd quarter worth approximately $31,000. Ares Financial Consulting LLC bought a new stake in shares of O’Reilly Automotive during the 4th quarter worth approximately $34,000. Finally, Commonwealth Retirement Investments LLC bought a new stake in shares of O’Reilly Automotive during the 4th quarter worth approximately $34,000. 85.00% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on ORLY. DA Davidson upped their price target on shares of O’Reilly Automotive from $110.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Citigroup restated a “buy” rating and set a $115.00 price objective (up from $110.00) on shares of O’Reilly Automotive in a research report on Friday, May 1st. Mizuho upped their price objective on O’Reilly Automotive from $105.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Morgan Stanley restated an “overweight” rating and set a $112.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, April 30th. Finally, UBS Group upped their price objective on O’Reilly Automotive from $114.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $112.25.
Insider Transactions at O’Reilly Automotive
In other O’Reilly Automotive news, CEO Brad W. Beckham sold 13,635 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 12,250 shares in the company, valued at approximately $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 can be accessed through this link. Also, SVP Robert Allen Dumas sold 84,600 shares of the 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 owned 1,782 shares of the company’s stock, valued at $165,013.20. This represents a 97.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 105,730 shares of company stock valued at $9,815,388. 0.77% of the stock is currently owned by corporate insiders.
O’Reilly Automotive Price Performance
Shares of NASDAQ:ORLY opened at $90.46 on Thursday. The company has a market cap of $74.97 billion, a price-to-earnings ratio of 29.56, a PEG ratio of 1.97 and a beta of 0.53. The firm has a 50 day simple moving average of $91.67 and a 200 day simple moving average of $93.46. O’Reilly Automotive, Inc. has a one year low of $85.35 and a one year high of $108.71.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted 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 during the quarter, compared to the consensus estimate of $4.46 billion. O’Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.The business’s quarterly revenue was up 10.2% on a year-over-year basis. During the same period last year, the company earned $9.35 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. As a group, analysts expect that O’Reilly Automotive, Inc. will post 3.24 EPS for the current year.
O’Reilly Automotive 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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