Dai ichi Life Insurance Company Ltd Trims Stock Position in O’Reilly Automotive, Inc. $ORLY

Dai ichi Life Insurance Company Ltd lessened its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 85,294 shares of the specialty retailer’s stock after selling 10,201 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in O’Reilly Automotive were worth $7,873,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in ORLY. Welch Group LLC increased its position in shares of O’Reilly Automotive by 0.8% during the fourth quarter. Welch Group LLC now owns 13,342 shares of the specialty retailer’s stock worth $1,217,000 after purchasing an additional 102 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of O’Reilly Automotive by 2.4% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,397 shares of the specialty retailer’s stock valued at $401,000 after purchasing an additional 104 shares during the period. Capital Advisory Group Advisory Services LLC grew its stake in O’Reilly Automotive by 1.9% during the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 5,702 shares of the specialty retailer’s stock worth $520,000 after buying an additional 107 shares during the last quarter. Quadcap Wealth Management LLC grew its stake in O’Reilly Automotive by 4.7% during the 3rd quarter. Quadcap Wealth Management LLC now owns 2,422 shares of the specialty retailer’s stock worth $261,000 after buying an additional 108 shares during the last quarter. Finally, Accurate Wealth Management LLC increased its position in O’Reilly Automotive by 1.9% during the fourth quarter. Accurate Wealth Management LLC now owns 5,815 shares of the specialty retailer’s stock worth $545,000 after buying an additional 109 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other news, SVP Robert Allen Dumas sold 84,600 shares of O’Reilly Automotive 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 owned 1,782 shares of the company’s stock, valued at $165,013.20. The trade was a 97.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Philip M. Hopper sold 3,700 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $94.60, for a total transaction of $350,020.00. Following the transaction, the senior vice president owned 4,888 shares in the company, valued at approximately $462,404.80. This trade represents a 43.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 105,730 shares of company stock worth $9,815,388 over the last quarter. 0.77% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Roth Capital reiterated a “buy” rating and issued a $109.00 price objective on shares of O’Reilly Automotive in a research note on Monday, May 4th. The Goldman Sachs Group restated a “buy” rating and set a $113.00 target price on shares of O’Reilly Automotive in a research report on Monday, July 13th. Evercore reaffirmed an “outperform” rating and issued a $115.00 target price on shares of O’Reilly Automotive in a report on Friday, May 1st. Raymond James Financial reiterated an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a research report on Friday, May 1st. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of O’Reilly Automotive in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and an average target price of $110.22.

O’Reilly Automotive Trading Up 1.5%

O’Reilly Automotive stock opened at $87.40 on Friday. O’Reilly Automotive, Inc. has a twelve month low of $82.59 and a twelve month high of $108.71. The stock has a 50 day moving average of $88.39 and a two-hundred day moving average of $91.73. The stock has a market capitalization of $72.43 billion, a price-to-earnings ratio of 28.56, a PEG ratio of 1.90 and a beta of 0.51.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, April 29th. The specialty retailer reported $0.72 earnings per share (EPS) for the quarter, beating 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 business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same quarter in the previous year, the company posted $9.35 earnings per share. The company’s revenue for the quarter 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. Equities analysts predict that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current 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.