Smithbridge Asset Management Inc. DE trimmed its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 50.0% during the first quarter, HoldingsChannel.com reports. The firm owned 6,750 shares of the specialty retailer’s stock after selling 6,750 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in O’Reilly Automotive were worth $623,000 as of its most recent filing with the SEC.
Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in O’Reilly Automotive by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 79,730,143 shares of the specialty retailer’s stock worth $7,272,186,000 after purchasing an additional 458,613 shares during the period. State Street Corp lifted its holdings in shares of O’Reilly Automotive by 0.4% in the fourth quarter. State Street Corp now owns 37,206,098 shares of the specialty retailer’s stock worth $3,393,568,000 after buying an additional 140,387 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of O’Reilly Automotive by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 24,140,497 shares of the specialty retailer’s stock worth $2,201,555,000 after buying an additional 372,896 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of O’Reilly Automotive by 25.1% in the fourth quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer’s stock valued at $1,345,829,000 after acquiring an additional 2,964,945 shares during the period. Finally, Norges Bank bought a new position in shares of O’Reilly Automotive in the fourth quarter valued at approximately $1,134,311,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on ORLY shares. Robert W. Baird set a $110.00 target price on shares of O’Reilly Automotive in a report on Friday, May 1st. Raymond James Financial reissued an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a report on Friday, May 1st. DA Davidson boosted their price target on shares of O’Reilly Automotive from $110.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Monday, April 27th. Finally, Mizuho increased their price objective on O’Reilly Automotive from $105.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and an average price target of $112.25.
Insider Activity at O’Reilly Automotive
In related news, Director Thomas Hendrickson sold 1,200 shares of the stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $88.32, for a total transaction of $105,984.00. Following the completion of the sale, the director directly owned 19,675 shares in the company, valued at $1,737,696. This represents a 5.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Brad W. Beckham sold 13,635 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $95.00, for a total value of $1,295,325.00. Following the completion of the transaction, the chief executive officer directly owned 12,250 shares in the company, valued at $1,163,750. This trade represents a 52.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 105,730 shares of company stock worth $9,815,388 over the last three months. Corporate insiders own 0.77% of the company’s stock.
O’Reilly Automotive Stock Performance
Shares of O’Reilly Automotive stock opened at $92.69 on Thursday. O’Reilly Automotive, Inc. has a 52-week low of $84.76 and a 52-week high of $108.71. The company has a fifty day moving average of $90.57 and a 200-day moving average of $92.43. The stock has a market capitalization of $76.81 billion, a price-to-earnings ratio of 30.29, a price-to-earnings-growth ratio of 2.03 and a beta of 0.51.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last issued its earnings results on Wednesday, April 29th. The specialty retailer reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. O’Reilly Automotive had a net margin of 14.30% and a negative return on equity of 263.22%. The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.46 billion. During the same quarter last year, the company earned $9.35 EPS. The firm’s revenue 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. On average, equities research analysts forecast that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current fiscal year.
O’Reilly Automotive Company 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.
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