O’Reilly Automotive, Inc. $ORLY Stock Bought by CX Institutional

CX Institutional increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,341.4% during the 3rd quarter, Holdings Channel reports. The firm owned 92,959 shares of the specialty retailer’s stock after purchasing an additional 86,510 shares during the quarter. CX Institutional’s holdings in O’Reilly Automotive were worth $7,940,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of ORLY. Burkett Financial Services LLC lifted its holdings in shares of O’Reilly Automotive by 183.5% during the 3rd quarter. Burkett Financial Services LLC now owns 655 shares of the specialty retailer’s stock worth $56,000 after acquiring an additional 424 shares during the last quarter. Montecito Bank & Trust raised its position in O’Reilly Automotive by 8.6% during the third quarter. Montecito Bank & Trust now owns 8,067 shares of the specialty retailer’s stock valued at $689,000 after purchasing an additional 640 shares in the last quarter. QRG Capital Management Inc. lifted its stake in O’Reilly Automotive by 15.1% during the second quarter. QRG Capital Management Inc. now owns 57,729 shares of the specialty retailer’s stock worth $5,316,000 after purchasing an additional 7,587 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of O’Reilly Automotive by 10.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 99,554 shares of the specialty retailer’s stock worth $9,159,000 after purchasing an additional 9,699 shares in the last quarter. Finally, SkyView Investment Advisors LLC purchased a new position in shares of O’Reilly Automotive in the 2nd quarter worth about $166,000. 85.00% of the stock is currently owned by institutional investors.

Insider Activity

In other O’Reilly Automotive news, Director Maria Sastre sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total transaction of $183,700.00. Following the transaction, the director owned 14,970 shares in the company, valued at approximately $1,374,994.50. This represents a 11.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Christopher Mancini sold 3,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total transaction of $279,000.00. Following the completion of the sale, the senior vice president directly owned 189 shares in the company, valued at $17,577. This represents a 94.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 6,000 shares of company stock valued at $550,530. Corporate insiders own 0.77% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on ORLY shares. Robert W. Baird set a $100.00 price objective on O’Reilly Automotive in a report on Friday, July 31st. The Goldman Sachs Group reiterated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, August 3rd. Morgan Stanley decreased their price target on shares of O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Wells Fargo & Company set a $100.00 target price on shares of O’Reilly Automotive in a report on Friday, July 24th. Finally, Sanford C. Bernstein initiated coverage on shares of O’Reilly Automotive in a research report on Tuesday. They issued a “market perform” rating and a $94.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $106.50.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock traded down $0.13 during trading hours on Friday, reaching $84.90. The company had a trading volume of 3,772,400 shares, compared to its average volume of 6,490,237. O’Reilly Automotive, Inc. has a 12-month low of $82.59 and a 12-month high of $105.36. The company has a 50-day moving average price of $88.44 and a 200 day moving average price of $89.49. The firm has a market cap of $68.68 billion, a price-to-earnings ratio of 27.04, a P/E/G ratio of 2.12 and a beta of 0.54.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.86. O’Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The firm had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same quarter in the prior year, the firm posted $0.78 earnings per share. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. As a group, research analysts expect that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current year.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves do-it-yourself customers as well as professional automotive service providers, offering products for vehicle maintenance, repair and customization.

Its merchandise includes replacement parts such as brakes, batteries, filters and engine components, along with lubricants, shop equipment, tools, accessories and related products. O’Reilly also provides services such as parts lookup, battery testing and recycling, loaner tools, and delivery to professional customers.

Founded in 1957 by the O’Reilly family in Springfield, Missouri, the company has grown from a single store into a large retail and distribution network serving customers throughout the United States and Mexico.