O’Reilly Automotive, Inc. $ORLY Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB lessened its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 12.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 381,204 shares of the specialty retailer’s stock after selling 53,760 shares during the quarter. Handelsbanken Fonder AB’s holdings in O’Reilly Automotive were worth $35,105,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in O’Reilly Automotive during the second quarter worth approximately $206,000. Community Financial Services Group LLC grew its holdings in O’Reilly Automotive by 2.4% in the second quarter. Community Financial Services Group LLC now owns 47,951 shares of the specialty retailer’s stock valued at $4,445,000 after purchasing an additional 1,146 shares during the period. Fulton Bank N.A. increased its position in shares of O’Reilly Automotive by 3.4% in the second quarter. Fulton Bank N.A. now owns 31,942 shares of the specialty retailer’s stock valued at $2,942,000 after buying an additional 1,046 shares in the last quarter. Professional Financial Advisors LLC raised its stake in shares of O’Reilly Automotive by 84.3% during the 2nd quarter. Professional Financial Advisors LLC now owns 15,985 shares of the specialty retailer’s stock worth $1,472,000 after buying an additional 7,312 shares during the period. Finally, Sax Wealth Advisors LLC acquired a new position in shares of O’Reilly Automotive during the 2nd quarter worth approximately $424,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director John Raymond Murphy sold 2,595 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $88.67, for a total transaction of $230,098.65. Following the completion of the sale, the director owned 4,000 shares of the company’s stock, valued at $354,680. This represents a 39.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas Hendrickson sold 1,200 shares of the stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $88.32, for a total transaction of $105,984.00. Following the completion of the sale, the director owned 19,675 shares of the company’s stock, valued at $1,737,696. This trade represents a 5.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 88,395 shares of company stock worth $8,170,043. Corporate insiders own 0.77% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ORLY shares. Evercore reissued an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a research note on Friday, May 1st. Citigroup restated a “buy” rating and set a $106.00 price objective (up from $104.00) on shares of O’Reilly Automotive in a research report on Monday, August 3rd. Wolfe Research set a $98.00 price objective on shares of O’Reilly Automotive in a report on Wednesday, July 15th. Roth Capital reaffirmed a “buy” rating and set a $111.00 price objective on shares of O’Reilly Automotive in a report on Friday, July 31st. Finally, Morgan Stanley dropped their target price on shares of O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.94.

Check Out Our Latest Research Report on ORLY

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $92.57 on Wednesday. The company has a market cap of $74.89 billion, a PE ratio of 29.48, a price-to-earnings-growth ratio of 2.02 and a beta of 0.51. The stock’s 50 day simple moving average is $88.72 and its 200-day simple moving average is $91.51. O’Reilly Automotive, Inc. has a 1-year low of $82.59 and a 1-year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, hitting 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 for the quarter, compared to analyst estimates of $4.86 billion. During the same period in the previous year, the company posted $0.78 earnings per share. The business’s revenue was up 8.1% on a year-over-year basis. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 3.27 EPS for the current fiscal year.

About O’Reilly Automotive

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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