O’Reilly Automotive, Inc. $ORLY Stock Sold by Formuepleje A S

Formuepleje A S reduced its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 53.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,642 shares of the specialty retailer’s stock after selling 6,589 shares during the quarter. Formuepleje A S’s holdings in O’Reilly Automotive were worth $482,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in shares of O’Reilly Automotive in the second quarter valued at approximately $5,950,042,000. Bank of New York Mellon Corp purchased a new stake in O’Reilly Automotive in the second quarter valued at $1,023,936,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of O’Reilly Automotive by 1.5% during the 2nd 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 last quarter. Amundi lifted its holdings in shares of O’Reilly Automotive by 19.7% in the 1st quarter. Amundi now owns 8,497,984 shares of the specialty retailer’s stock worth $784,449,000 after acquiring an additional 1,397,671 shares during the last quarter. Finally, Bank of America Corp DE purchased a new position in shares of O’Reilly Automotive during the second quarter worth $721,747,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ORLY. Weiss Ratings cut O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, August 27th. DA Davidson restated a “buy” rating and set a $106.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, September 16th. Wells Fargo & Company set a $100.00 price objective on O’Reilly Automotive and gave the company an “overweight” rating in a research note on Friday, July 24th. TD Cowen lowered their target price on shares of O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Finally, Morgan Stanley lowered their price target on shares of O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Sixteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.26.

Insider Buying and Selling at O’Reilly Automotive

In other news, SVP Christopher Mancini sold 3,000 shares of the company’s stock in a transaction that occurred 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 transaction, the senior vice president directly owned 189 shares of the company’s stock, valued at approximately $17,577. This represents a 94.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas Hendrickson sold 1,000 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $87.83, for a total value of $87,830.00. Following the completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 6,000 shares of company stock valued at $550,530 in the last three months. Corporate insiders own 0.77% of the company’s stock.

O’Reilly Automotive Trading Up 2.6%

Shares of O’Reilly Automotive stock traded up $2.23 during mid-day trading on Thursday, hitting $88.92. 2,316,707 shares of the stock were exchanged, compared to its average volume of 6,437,640. O’Reilly Automotive, Inc. has a twelve month low of $82.59 and a twelve month high of $102.71. The stock has a market capitalization of $71.94 billion, a price-to-earnings ratio of 28.32, a price-to-earnings-growth ratio of 2.13 and a beta of 0.54. The company has a 50-day simple moving average of $87.62 and a 200 day simple moving average of $89.26.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 for the quarter, compared to analysts’ expectations of $4.86 billion. During the same period last year, the company earned $0.78 earnings per share. The company’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. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 3.28 earnings per share for the current fiscal year.

About O’Reilly Automotive

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.