O’Reilly Automotive, Inc. $ORLY is Clio Asset Management LLC’s Largest Position

Clio Asset Management LLC cut its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 20.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 197,979 shares of the specialty retailer’s stock after selling 49,518 shares during the quarter. O’Reilly Automotive comprises approximately 15.3% of Clio Asset Management LLC’s investment portfolio, making the stock its biggest position. Clio Asset Management LLC’s holdings in O’Reilly Automotive were worth $18,275,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. OLD National Bancorp IN boosted its position in shares of O’Reilly Automotive by 67.2% during the 1st quarter. OLD National Bancorp IN now owns 6,067 shares of the specialty retailer’s stock valued at $560,000 after acquiring an additional 2,439 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in O’Reilly Automotive during the first quarter worth about $9,046,000. Aegis Wealth Management Inc. increased its position in O’Reilly Automotive by 21.8% during the first quarter. Aegis Wealth Management Inc. now owns 24,418 shares of the specialty retailer’s stock worth $2,254,000 after purchasing an additional 4,377 shares during the last quarter. Ritholtz Wealth Management increased its position in O’Reilly Automotive by 2.6% during the first quarter. Ritholtz Wealth Management now owns 46,922 shares of the specialty retailer’s stock worth $4,331,000 after purchasing an additional 1,173 shares during the last quarter. Finally, Breakwater Capital Group purchased a new position in O’Reilly Automotive during the first quarter worth about $642,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 1.0%

Shares of ORLY opened at $86.90 on Friday. The firm has a market cap of $72.02 billion, a P/E ratio of 28.40, a price-to-earnings-growth ratio of 1.94 and a beta of 0.53. O’Reilly Automotive, Inc. has a 12-month low of $84.76 and a 12-month high of $108.71. The company’s 50-day moving average price is $90.73 and its 200 day moving average price is $92.54.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, April 29th. The specialty retailer reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.46 billion. O’Reilly Automotive had a net margin of 14.30% and a negative return on equity of 263.22%. O’Reilly Automotive’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $9.35 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current year.

Wall Street Analyst Weigh In

ORLY has been the topic of several recent analyst reports. DA Davidson boosted their target price on shares of O’Reilly Automotive from $110.00 to $114.00 and gave the company a “buy” rating in a report on Friday, May 1st. Evercore restated an “outperform” rating and set a $115.00 price target on shares of O’Reilly Automotive in a report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Monday, April 27th. Robert W. Baird set a $110.00 price objective on O’Reilly Automotive in a report on Friday, May 1st. Finally, TD Cowen reiterated a “buy” rating and issued a $117.00 price objective (up from $115.00) on shares of O’Reilly Automotive in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.25.

Insiders Place Their Bets

In other news, Director John Raymond Murphy sold 2,595 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 4,000 shares in the company, valued at approximately $354,680. This represents a 39.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas Hendrickson sold 1,200 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $88.32, for a total transaction of $105,984.00. Following the transaction, the director directly owned 19,675 shares of the company’s stock, valued at $1,737,696. The trade was a 5.75% decrease in their position. 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. Insiders own 0.77% of the company’s stock.

About O’Reilly Automotive

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.