Peak Asset Management LLC Buys New Stake in O’Reilly Automotive, Inc. $ORLY

Peak Asset Management LLC acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 2nd quarter, Holdings Channel reports. The fund acquired 28,835 shares of the specialty retailer’s stock, valued at approximately $2,655,000.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of O’Reilly Automotive in the 2nd quarter valued at about $5,950,042,000. Norges Bank acquired a new stake in shares of O’Reilly Automotive in the fourth quarter valued at approximately $1,134,311,000. Bank of New York Mellon Corp acquired a new position in shares of O’Reilly Automotive in the 2nd quarter valued at $1,023,936,000. Akre Capital Management LLC raised its position in O’Reilly Automotive by 989.3% in 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 purchasing an additional 8,546,804 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in O’Reilly Automotive by 25.1% during the 4th quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer’s stock worth $1,345,829,000 after purchasing an additional 2,964,945 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In related news, Director Thomas Hendrickson sold 1,200 shares of O’Reilly Automotive 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 owned 19,675 shares in the company, valued at approximately $1,737,696. This trade represents a 5.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Christopher Andrew Mancini sold 3,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were 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 owned 189 shares in the company, valued at approximately $17,577. This trade represents a 94.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 6,200 shares of company stock worth $568,684. 0.77% of the stock is owned by corporate insiders.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $90.68 on Tuesday. O’Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $108.71. The business has a 50 day moving average price of $88.92 and a 200 day moving average price of $90.97. The company has a market capitalization of $73.36 billion, a P/E ratio of 28.88, a P/E/G ratio of 1.95 and a beta of 0.51.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 EPS for the quarter, meeting analysts’ consensus estimates of $0.86. The firm had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. O’Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.O’Reilly Automotive’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.78 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. As a group, research analysts expect that O’Reilly Automotive, Inc. will post 3.27 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on ORLY shares. UBS Group reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research note on Friday, July 31st. Raymond James Financial reissued an “outperform” rating and set a $110.00 price target on shares of O’Reilly Automotive in a report on Friday, July 31st. 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. Roth Capital reiterated a “buy” rating and set a $111.00 price target on shares of O’Reilly Automotive in a research report on Friday, July 31st. Finally, Evercore restated an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $107.24.

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.