HITE Hedge Asset Management LLC Sells 41,525 Shares of O’Reilly Automotive, Inc. $ORLY

HITE Hedge Asset Management LLC lessened its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 84.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,653 shares of the specialty retailer’s stock after selling 41,525 shares during the quarter. HITE Hedge Asset Management LLC’s holdings in O’Reilly Automotive were worth $698,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the stock. Korea Investment CORP increased its stake in O’Reilly Automotive by 56.3% during the 4th quarter. Korea Investment CORP now owns 703,066 shares of the specialty retailer’s stock valued at $64,127,000 after purchasing an additional 253,146 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in O’Reilly Automotive during the 4th quarter valued at approximately $8,395,000. Wealthspire Advisors LLC increased its stake in O’Reilly Automotive by 66.3% during the 4th quarter. Wealthspire Advisors LLC now owns 14,397 shares of the specialty retailer’s stock valued at $1,313,000 after purchasing an additional 5,740 shares in the last quarter. Macquarie Group Ltd. increased its stake in O’Reilly Automotive by 10.2% during the 4th quarter. Macquarie Group Ltd. now owns 145,213 shares of the specialty retailer’s stock valued at $13,245,000 after purchasing an additional 13,457 shares in the last quarter. Finally, Howland Capital Management LLC increased its stake in O’Reilly Automotive by 4.0% during the 4th quarter. Howland Capital Management LLC now owns 485,741 shares of the specialty retailer’s stock valued at $44,304,000 after purchasing an additional 18,864 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

ORLY has been the topic of a number of recent analyst reports. Citigroup restated a “buy” rating and set a $115.00 price target (up from $110.00) on shares of O’Reilly Automotive in a research note on Friday, May 1st. Roth Mkm restated a “buy” rating and set a $109.00 price target on shares of O’Reilly Automotive in a research note on Monday, May 4th. Morgan Stanley restated an “overweight” rating and set a $112.00 price target on shares of O’Reilly Automotive in a research note on Thursday, April 30th. UBS Group upped their price target on shares of O’Reilly Automotive from $114.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Finally, TD Cowen restated a “buy” rating and set a $117.00 price target (up from $115.00) on shares of O’Reilly Automotive in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and an average price target of $112.25.

O’Reilly Automotive Price Performance

ORLY stock opened at $91.02 on Friday. The firm’s fifty day simple moving average is $91.60 and its 200-day simple moving average is $93.37. The company has a market capitalization of $75.43 billion, a P/E ratio of 29.75, a price-to-earnings-growth ratio of 1.99 and a beta of 0.53. O’Reilly Automotive, Inc. has a 12 month low of $85.35 and a 12 month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, April 29th. The specialty retailer reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The business had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.46 billion. O’Reilly Automotive had a net margin of 14.30% and a negative return on equity of 263.22%. The business’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the prior year, the firm earned $9.35 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. As a group, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current year.

Insiders Place Their Bets

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 value of $230,098.65. Following the sale, the director directly owned 4,000 shares of the company’s stock, valued at $354,680. This represents a 39.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brad W. Beckham sold 13,635 shares of the company’s stock in a transaction on 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 completion of the sale, 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 SEC filing for this sale provides additional information. Over the last three months, insiders sold 105,730 shares of company stock worth $9,815,388. Company insiders own 0.77% of the company’s stock.

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.