Legato Capital Management LLC Makes New Investment in O’Reilly Automotive, Inc. $ORLY

Legato Capital Management LLC bought a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, Holdings Channel.com reports. The fund bought 9,017 shares of the specialty retailer’s stock, valued at approximately $822,000.

Several other hedge funds and other institutional investors have also bought and sold shares of ORLY. Akre Capital Management LLC boosted its position in O’Reilly Automotive by 989.3% during the 2nd quarter. Akre Capital Management LLC now owns 9,410,714 shares of the specialty retailer’s stock valued at $848,188,000 after acquiring an additional 8,546,804 shares in the last quarter. Alphinity Investment Management Pty Ltd purchased a new position in O’Reilly Automotive in the 3rd quarter worth $435,620,000. Ameriprise Financial Inc. raised its stake in O’Reilly Automotive by 1,316.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,027,830 shares of the specialty retailer’s stock worth $272,871,000 after acquiring an additional 2,814,071 shares during the last quarter. Raymond James Financial Inc. raised its stake in O’Reilly Automotive by 1,277.3% in the 2nd quarter. Raymond James Financial Inc. now owns 2,346,977 shares of the specialty retailer’s stock worth $211,533,000 after acquiring an additional 2,176,568 shares during the last quarter. Finally, Capital World Investors purchased a new position in shares of O’Reilly Automotive during the 3rd quarter valued at about $153,650,000. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on ORLY shares. TD Cowen reiterated a “buy” rating and set a $117.00 price objective (up from $115.00) on shares of O’Reilly Automotive in a research note on Friday, May 1st. Raymond James Financial restated an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a research note on Friday, May 1st. DA Davidson lifted their price target on O’Reilly Automotive from $110.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Robert W. Baird set a $110.00 price target on O’Reilly Automotive in a research note on Friday, May 1st. Finally, UBS Group upped their target price on O’Reilly Automotive from $114.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $112.25.

O’Reilly Automotive Stock Performance

ORLY opened at $91.74 on Tuesday. O’Reilly Automotive, Inc. has a one year low of $86.77 and a one year high of $108.71. The stock has a market capitalization of $76.03 billion, a PE ratio of 29.98, a P/E/G ratio of 2.02 and a beta of 0.58. The business’s 50 day moving average price is $91.94 and its 200 day moving average price is $94.25.

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 analysts’ consensus estimates of $0.69 by $0.03. O’Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.The firm had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.46 billion. During the same period in the prior year, the firm posted $9.35 earnings per share. The firm’s quarterly revenue 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. As a group, equities research analysts forecast 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 company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $95.00, for a total transaction of $1,295,325.00. Following the transaction, the chief executive officer directly owned 12,250 shares in the company, valued at $1,163,750. This represents a 52.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Philip M. Hopper sold 3,700 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $94.60, for a total value of $350,020.00. Following the transaction, the senior vice president owned 4,888 shares in the company, valued at $462,404.80. This trade represents a 43.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 104,530 shares of company stock valued at $9,709,404 over the last three months. 0.77% of the stock is currently owned by company insiders.

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.