Cornerstone Advisors LLC Invests $17.44 Million in O’Reilly Automotive, Inc. $ORLY

Cornerstone Advisors LLC purchased a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 189,353 shares of the specialty retailer’s stock, valued at approximately $17,438,000.

A number of other large investors have also made changes to their positions in ORLY. Pinnacle Wealth Management Advisory Group LLC raised its holdings in 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 acquiring an additional 104 shares in the last quarter. Quadcap Wealth Management LLC raised its stake in O’Reilly Automotive by 4.7% during the third quarter. Quadcap Wealth Management LLC now owns 2,422 shares of the specialty retailer’s stock worth $261,000 after acquiring an additional 108 shares in the last quarter. Mainstream Capital Management LLC lifted its holdings in O’Reilly Automotive by 0.9% during the 1st quarter. Mainstream Capital Management LLC now owns 12,630 shares of the specialty retailer’s stock valued at $1,166,000 after purchasing an additional 109 shares during the last quarter. Dynasty Wealth Management LLC raised its stake in shares of O’Reilly Automotive by 2.7% in the fourth quarter. Dynasty Wealth Management LLC now owns 4,281 shares of the specialty retailer’s stock valued at $390,000 after acquiring an additional 113 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC raised its position in O’Reilly Automotive by 54.3% in the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 324 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 114 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on ORLY. Roth Capital reaffirmed a “buy” rating and issued a $111.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 31st. UBS Group reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Friday, July 31st. Evercore reissued an “outperform” rating and set a $115.00 price target on shares of O’Reilly Automotive in a research report on Friday, May 1st. Mizuho lifted their price objective on O’Reilly Automotive from $105.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Finally, Weiss Ratings raised shares of O’Reilly Automotive from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and an average price target of $107.24.

O’Reilly Automotive Trading Down 0.9%

NASDAQ:ORLY opened at $90.23 on Tuesday. The stock has a market capitalization of $72.99 billion, a PE ratio of 28.74, a P/E/G ratio of 1.99 and a beta of 0.51. The firm has a fifty day simple moving average of $88.93 and a 200 day simple moving average of $91.28. O’Reilly Automotive, Inc. has a 1-year low of $82.59 and a 1-year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.86. The company had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. O’Reilly Automotive’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.78 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.

Insider Activity at O’Reilly Automotive

In other news, 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 transaction, the senior vice president directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Maria Sastre sold 2,000 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total transaction of $183,700.00. Following the completion of the transaction, the director directly owned 14,970 shares in the company, valued at approximately $1,374,994.50. This represents a 11.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 90,800 shares of company stock valued at $8,402,644 in the last ninety days. Company insiders own 0.77% of the company’s stock.

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.