Janney Montgomery Scott LLC Trims Stake in O’Reilly Automotive, Inc. $ORLY

Janney Montgomery Scott LLC cut its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 17.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 282,537 shares of the specialty retailer’s stock after selling 58,212 shares during the period. Janney Montgomery Scott LLC’s holdings in O’Reilly Automotive were worth $26,081,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Eagle Bay Advisors LLC purchased a new stake in shares of O’Reilly Automotive in the 4th quarter worth $25,000. Tucker Asset Management LLC purchased a new position in O’Reilly Automotive during the fourth quarter valued at $26,000. Wilkerson Advisory Group LLC purchased a new position in O’Reilly Automotive during the fourth quarter valued at $27,000. Kemnay Advisory Services Inc. bought a new stake in O’Reilly Automotive during the fourth quarter valued at about $30,000. Finally, MidFirst Bank bought a new stake in O’Reilly Automotive during the fourth quarter valued at about $31,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. 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. Robert W. Baird set a $110.00 price objective on O’Reilly Automotive in a research note on Friday, May 1st. Roth Mkm reissued a “buy” rating and issued a $109.00 target price on shares of O’Reilly Automotive in a report on Monday, May 4th. UBS Group raised their target price on shares of O’Reilly Automotive from $114.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Truist Financial set a $108.00 price target on shares of O’Reilly Automotive in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average target price of $112.25.

Insiders Place Their Bets

In other news, SVP Robert Allen Dumas sold 84,600 shares of the business’s stock in a transaction on 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 transaction, the senior vice president owned 1,782 shares of the company’s stock, valued at approximately $165,013.20. The trade was a 97.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Thomas Hendrickson sold 1,200 shares of the company’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $88.32, for a total transaction of $105,984.00. Following the transaction, the director owned 19,675 shares of the company’s stock, valued at approximately $1,737,696. This represents a 5.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 105,730 shares of company stock worth $9,815,388 over the last ninety days. 0.77% of the stock is owned by company insiders.

O’Reilly Automotive Stock Up 0.7%

NASDAQ:ORLY opened at $90.16 on Tuesday. The business’s 50-day simple moving average is $90.60 and its two-hundred day simple moving average is $92.45. O’Reilly Automotive, Inc. has a 52 week low of $84.76 and a 52 week high of $108.71. The stock has a market cap of $74.72 billion, a PE ratio of 29.46, a P/E/G ratio of 1.98 and a beta of 0.53.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, April 29th. The specialty retailer reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. O’Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.The firm had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.46 billion. During the same quarter in the prior year, the company posted $9.35 earnings per share. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. Sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current fiscal 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.