Bartlett & CO. Wealth Management LLC Buys 254,999 Shares of O’Reilly Automotive, Inc. $ORLY

Bartlett & CO. Wealth Management LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7,560.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 258,372 shares of the specialty retailer’s stock after buying an additional 254,999 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in O’Reilly Automotive were worth $24,282,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in O’Reilly Automotive by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 79,730,143 shares of the specialty retailer’s stock valued at $7,272,186,000 after acquiring an additional 458,613 shares in the last quarter. State Street Corp grew its holdings in shares of O’Reilly Automotive by 0.4% during the 4th quarter. State Street Corp now owns 37,206,098 shares of the specialty retailer’s stock worth $3,393,568,000 after purchasing an additional 140,387 shares in the last quarter. Geode Capital Management LLC increased its position in shares of O’Reilly Automotive by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 24,140,497 shares of the specialty retailer’s stock valued at $2,201,555,000 after purchasing an additional 372,896 shares during the period. Wellington Management Group LLP increased its position in shares of O’Reilly Automotive by 25.1% during the fourth quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer’s stock valued at $1,345,829,000 after purchasing an additional 2,964,945 shares during the period. Finally, Norges Bank bought a new stake in shares of O’Reilly Automotive during the fourth quarter valued at approximately $1,134,311,000. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several research reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $113.00 target price on shares of O’Reilly Automotive in a research report on Monday. Citigroup reissued a “buy” rating and issued a $115.00 price target (up from $110.00) on shares of O’Reilly Automotive in a report on Friday, May 1st. Wolfe Research set a $98.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday. DA Davidson restated a “buy” rating and issued a $114.00 price objective on shares of O’Reilly Automotive in a research note on Tuesday, July 7th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $110.00 price objective (up from $105.00) on shares of O’Reilly Automotive in a report on Thursday, April 30th. One 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $110.70.

Insider Activity

In other news, CEO Brad W. Beckham sold 13,635 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $95.00, for a total value of $1,295,325.00. Following the sale, the chief executive officer owned 12,250 shares in the company, valued at approximately $1,163,750. The trade was a 52.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas Hendrickson sold 1,200 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $88.32, for a total transaction of $105,984.00. Following the completion of the sale, the director directly owned 19,675 shares in the company, valued at approximately $1,737,696. The trade was a 5.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 105,730 shares of company stock valued at $9,815,388. 0.77% of the stock is owned by company insiders.

O’Reilly Automotive Trading Down 0.2%

ORLY stock opened at $86.05 on Friday. O’Reilly Automotive, Inc. has a 1-year low of $82.59 and a 1-year high of $108.71. The business’s 50 day moving average is $88.76 and its 200-day moving average is $91.90. The firm has a market cap of $71.31 billion, a P/E ratio of 28.12, a P/E/G ratio of 1.90 and a beta of 0.51.

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

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.