Bank of New York Mellon Corp Sells 1,628,605 Shares of O’Reilly Automotive, Inc. $ORLY

Bank of New York Mellon Corp decreased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,289,058 shares of the specialty retailer’s stock after selling 1,628,605 shares during the period. Bank of New York Mellon Corp’s holdings in O’Reilly Automotive were worth $1,303,305,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORLY. Goldman Sachs Group Inc. grew its holdings in O’Reilly Automotive by 9.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 9,338,304 shares of the specialty retailer’s stock valued at $851,747,000 after purchasing an additional 835,518 shares during the period. Dynasty Wealth Management LLC raised its holdings in O’Reilly Automotive by 2.7% in the fourth quarter. Dynasty Wealth Management LLC now owns 4,281 shares of the specialty retailer’s stock worth $390,000 after purchasing an additional 113 shares during the period. Allen Investment Management LLC raised its holdings in O’Reilly Automotive by 3.9% in the fourth quarter. Allen Investment Management LLC now owns 39,735 shares of the specialty retailer’s stock worth $3,624,000 after purchasing an additional 1,485 shares during the period. AXQ Capital LP bought a new position in shares of O’Reilly Automotive during the fourth quarter worth $2,986,000. Finally, Railway Pension Investments Ltd boosted its position in shares of O’Reilly Automotive by 4.2% during the fourth quarter. Railway Pension Investments Ltd now owns 1,259,751 shares of the specialty retailer’s stock worth $114,902,000 after purchasing an additional 51,200 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ORLY shares. Citigroup restated a “buy” rating and issued a $115.00 price objective (up from $110.00) on shares of O’Reilly Automotive in a research report on Friday, May 1st. Robert W. Baird set a $110.00 target price on O’Reilly Automotive in a report on Friday, May 1st. JPMorgan Chase & Co. lowered their price target on O’Reilly Automotive from $114.00 to $108.00 and set an “overweight” rating for the company in a report on Friday, February 6th. Raymond James Financial reaffirmed an “outperform” rating and set a $115.00 price target on shares of O’Reilly Automotive in a research report on Friday, May 1st. Finally, Truist Financial set a $108.00 price objective on O’Reilly Automotive in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $112.25.

O’Reilly Automotive Stock Down 0.5%

Shares of ORLY opened at $86.23 on Wednesday. The stock has a market capitalization of $71.46 billion, a P/E ratio of 28.18, a P/E/G ratio of 1.91 and a beta of 0.53. O’Reilly Automotive, Inc. has a twelve month low of $85.35 and a twelve month high of $108.71. The company has a 50 day moving average of $91.83 and a 200-day moving average of $93.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data 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 business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same quarter in the previous year, the firm posted $9.35 earnings per share. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. On average, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, CEO Brad W. Beckham sold 13,635 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $95.00, for a total transaction of $1,295,325.00. Following the sale, the chief executive officer directly owned 12,250 shares of the company’s stock, valued at $1,163,750. The trade was a 52.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Philip M. Hopper sold 3,700 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $94.60, for a total transaction of $350,020.00. Following the transaction, the senior vice president owned 4,888 shares of the company’s stock, valued at approximately $462,404.80. This represents a 43.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 105,730 shares of company stock worth $9,815,388. 0.77% of the stock is owned by insiders.

O’Reilly Automotive 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.