Saudi Central Bank Purchases 27,412 Shares of O’Reilly Automotive, Inc. $ORLY

Saudi Central Bank lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 88.0% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,569 shares of the specialty retailer’s stock after buying an additional 27,412 shares during the quarter. Saudi Central Bank’s holdings in O’Reilly Automotive were worth $5,394,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Tucker Asset Management LLC bought a new stake in O’Reilly Automotive during the 4th quarter valued at approximately $26,000. Wilkerson Advisory Group LLC bought a new position in O’Reilly Automotive in the 4th quarter worth approximately $27,000. Kelleher Financial Advisors bought a new position in O’Reilly Automotive in the 2nd quarter worth approximately $28,000. Fiduciary Financial Advisors purchased a new stake in O’Reilly Automotive during the 2nd quarter valued at approximately $28,000. Finally, Whipplewood Advisors LLC grew its holdings in O’Reilly Automotive by 1,552.6% during the 1st quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 295 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Insiders Place Their Bets

In other news, Director Thomas Hendrickson sold 1,000 shares of the company’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $87.83, for a total transaction of $87,830.00. Following the sale, the director directly owned 18,675 shares in the company, valued at approximately $1,640,225.25. This represents a 5.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Christopher Mancini sold 3,000 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total transaction of $279,000.00. Following the completion of the transaction, the senior vice president directly owned 189 shares of the company’s stock, valued at approximately $17,577. The trade was a 94.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,000 shares of company stock valued at $550,530 in the last three months. Corporate insiders own 0.77% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $87.89 on Monday. The company has a market capitalization of $71.10 billion, a P/E ratio of 27.99, a P/E/G ratio of 2.18 and a beta of 0.52. O’Reilly Automotive, Inc. has a one year low of $82.59 and a one year high of $108.71. The stock has a 50 day moving average price of $89.02 and a 200-day moving average price of $90.57.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, hitting the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.78 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 3.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ORLY. Roth Capital restated a “buy” rating and set a $111.00 target price on shares of O’Reilly Automotive in a research report on Friday, July 31st. The Goldman Sachs Group reiterated a “buy” rating on shares of O’Reilly Automotive in a report on Monday, August 3rd. Robert W. Baird set a $100.00 price target on shares of O’Reilly Automotive in a research note on Friday, July 31st. Weiss Ratings downgraded shares of O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, August 27th. Finally, UBS Group restated a “buy” rating on shares of O’Reilly Automotive in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $107.24.

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.