Quantum Portfolio Management LLC Sells 17,004 Shares of O’Reilly Automotive, Inc. $ORLY

Quantum Portfolio Management LLC lowered its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 83.2% in the first quarter, Holdings Channel.com reports. The fund owned 3,436 shares of the specialty retailer’s stock after selling 17,004 shares during the quarter. Quantum Portfolio Management LLC’s holdings in O’Reilly Automotive were worth $317,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Norges Bank bought a new stake in O’Reilly Automotive during the 4th quarter valued at about $1,134,311,000. Akre Capital Management LLC grew its stake in O’Reilly Automotive by 989.3% in the 2nd quarter. Akre Capital Management LLC now owns 9,410,714 shares of the specialty retailer’s stock worth $848,188,000 after acquiring an additional 8,546,804 shares in the last quarter. Wellington Management Group LLP grew its stake in O’Reilly Automotive by 25.1% in the 4th quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer’s stock worth $1,345,829,000 after acquiring an additional 2,964,945 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of O’Reilly Automotive by 1,316.5% during the second quarter. Ameriprise Financial Inc. now owns 3,027,830 shares of the specialty retailer’s stock worth $272,871,000 after acquiring an additional 2,814,071 shares during the period. Finally, Raymond James Financial Inc. increased its position in shares of O’Reilly Automotive by 1,277.3% during the second quarter. Raymond James Financial Inc. now owns 2,346,977 shares of the specialty retailer’s stock worth $211,533,000 after acquiring an additional 2,176,568 shares during the period. Institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several research analyst reports. Roth Capital reaffirmed a “buy” rating and set a $109.00 price target on shares of O’Reilly Automotive in a research note on Monday, May 4th. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Monday, April 27th. Raymond James Financial reaffirmed an “outperform” rating and set a $115.00 target price on shares of O’Reilly Automotive in a research report on Friday, May 1st. Evercore reiterated an “outperform” rating and issued a $115.00 target price on shares of O’Reilly Automotive in a report on Friday, May 1st. Finally, Truist Financial set a $108.00 price target on O’Reilly Automotive in a research report on Thursday, April 30th. One equities research 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 stock. According to MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and an average price target of $112.25.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 2,595 shares of the company’s stock in a transaction on 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 sale, the director directly owned 4,000 shares in the company, valued at $354,680. This represents a 39.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, 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 sale, the senior vice president directly owned 1,782 shares in the company, valued at approximately $165,013.20. The trade was a 97.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 105,730 shares of company stock worth $9,815,388. 0.77% of the stock is currently owned by company insiders.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $85.12 on Friday. The firm’s 50 day moving average price is $89.84 and its 200-day moving average price is $92.17. O’Reilly Automotive, Inc. has a 52-week low of $82.71 and a 52-week high of $108.71. The company has a market cap of $70.54 billion, a PE ratio of 27.82, a P/E/G ratio of 1.87 and a beta of 0.51.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, April 29th. The specialty retailer reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $4.56 billion during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $9.35 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. On average, analysts forecast that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current fiscal year.

About O’Reilly Automotive

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.