California State Teachers Retirement System lifted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 9,003.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 117,184,893 shares of the specialty retailer’s stock after buying an additional 115,897,575 shares during the quarter. California State Teachers Retirement System owned approximately 0.14% of O’Reilly Automotive worth $10,791,557,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the business. Tucker Asset Management LLC acquired a new stake in O’Reilly Automotive during the 4th quarter worth approximately $26,000. Wilkerson Advisory Group LLC acquired a new position in shares of O’Reilly Automotive in the fourth quarter valued at approximately $27,000. Kelleher Financial Advisors acquired a new position in shares of O’Reilly Automotive in the second quarter valued at approximately $28,000. Fiduciary Financial Advisors bought a new stake in shares of O’Reilly Automotive during the second quarter worth $28,000. Finally, Whipplewood Advisors LLC increased its position in shares of O’Reilly Automotive by 1,552.6% during the first quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 295 shares in the last quarter. 85.00% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts recently commented on the stock. Morgan Stanley dropped their price objective on shares of O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Wolfe Research set a $98.00 target price on shares of O’Reilly Automotive in a research note on Wednesday, July 15th. Robert W. Baird set a $100.00 target price on O’Reilly Automotive in a report on Friday, July 31st. TD Cowen dropped their price target on O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Finally, Raymond James Financial restated an “outperform” rating and issued a $110.00 price target on shares of O’Reilly Automotive in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus target price of $107.24.
Insider Transactions at O’Reilly Automotive
In related news, SVP Christopher Mancini sold 3,000 shares of O’Reilly Automotive stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total value of $279,000.00. Following the sale, the senior vice president owned 189 shares of the company’s stock, valued at approximately $17,577. The trade was a 94.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas Hendrickson sold 1,000 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $87.83, for a total value of $87,830.00. Following the sale, the director owned 18,675 shares in the company, valued at $1,640,225.25. The trade was a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,000 shares of company stock worth $550,530 in the last three months. Insiders own 0.77% of the company’s stock.
O’Reilly Automotive Stock Down 2.3%
Shares of ORLY stock opened at $85.89 on Wednesday. O’Reilly Automotive, Inc. has a 12 month low of $82.59 and a 12 month high of $108.71. The company’s fifty day simple moving average is $88.85 and its 200-day simple moving average is $90.49. The firm has a market cap of $69.48 billion, a PE ratio of 27.35, a P/E/G ratio of 2.18 and a beta of 0.52.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last released its earnings results 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 net margin of 14.27% and a negative return on equity of 232.45%. The business had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same quarter last year, the firm earned $0.78 earnings per share. The firm’s revenue for the quarter 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. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.
O’Reilly Automotive Profile
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves do-it-yourself customers, professional service technicians and commercial garages, offering products for maintaining and repairing cars, trucks and other vehicles.
Its merchandise includes replacement parts such as brakes, filters, belts, batteries and ignition components, as well as shop equipment, tools, fluids, lighting and appearance products. O’Reilly also provides services such as parts lookup, battery testing and installation, loaner tool programs, used-oil recycling and commercial delivery to professional customers.
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