Forvis Mazars Wealth Advisors LLC decreased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 3.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 185,061 shares of the specialty retailer’s stock after selling 7,550 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $15,806,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. BlackRock Inc. purchased a new position in O’Reilly Automotive during the 2nd quarter valued at $5,950,042,000. Bank of New York Mellon Corp bought a new position in O’Reilly Automotive in the 2nd quarter valued at $1,023,936,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in O’Reilly Automotive by 1.5% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,329,667 shares of the specialty retailer’s stock worth $859,169,000 after purchasing an additional 141,915 shares during the period. Amundi increased its stake in O’Reilly Automotive by 19.7% in the first quarter. Amundi now owns 8,497,984 shares of the specialty retailer’s stock worth $784,449,000 after purchasing an additional 1,397,671 shares during the period. Finally, Bank of America Corp DE purchased a new stake in O’Reilly Automotive in the second quarter worth $721,747,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at O’Reilly Automotive
In other O’Reilly Automotive news, SVP Christopher Mancini sold 3,000 shares of O’Reilly Automotive stock in a transaction on 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 of the company’s stock, valued at $17,577. The trade was a 94.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Maria Sastre sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total value of $183,700.00. Following the completion of the sale, the director owned 14,970 shares of the company’s stock, valued at $1,374,994.50. This represents a 11.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 6,000 shares of company stock valued at $550,530 in the last ninety days. Corporate insiders own 0.77% of the company’s stock.
Analyst Upgrades and Downgrades
Read Our Latest Report on ORLY
O’Reilly Automotive Trading Down 0.7%
Shares of O’Reilly Automotive stock traded down $0.62 on Tuesday, hitting $86.03. 3,385,141 shares of the company traded hands, compared to its average volume of 6,467,338. The company has a market cap of $69.59 billion, a PE ratio of 27.40, a PEG ratio of 2.14 and a beta of 0.54. The stock’s 50 day moving average price is $87.75 and its 200-day moving average price is $89.30. O’Reilly Automotive, Inc. has a 52 week low of $82.59 and a 52 week high of $104.06.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share (EPS) 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 previous year, the business earned $0.78 earnings per share. O’Reilly Automotive’s quarterly 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. As a group, research analysts anticipate that O’Reilly Automotive, Inc. will post 3.27 EPS 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 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.
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