Perennial Investment Advisors LLC Takes Position in O’Reilly Automotive, Inc. $ORLY

Perennial Investment Advisors LLC bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,033 shares of the specialty retailer’s stock, valued at approximately $648,000.

Several other hedge funds and other institutional investors have also modified their holdings of ORLY. Sivia Capital Partners LLC boosted its stake in shares of O’Reilly Automotive by 1,190.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,536 shares of the specialty retailer’s stock valued at $319,000 after purchasing an additional 3,262 shares in the last quarter. NewEdge Advisors LLC grew its stake in O’Reilly Automotive by 1,473.8% during the second quarter. NewEdge Advisors LLC now owns 69,482 shares of the specialty retailer’s stock worth $6,262,000 after buying an additional 65,067 shares during the last quarter. Sei Investments Co. increased its holdings in shares of O’Reilly Automotive by 383.1% during the second quarter. Sei Investments Co. now owns 560,353 shares of the specialty retailer’s stock worth $50,502,000 after buying an additional 444,371 shares in the last quarter. BNP Paribas increased its holdings in shares of O’Reilly Automotive by 1,400.0% during the second quarter. BNP Paribas now owns 390 shares of the specialty retailer’s stock worth $35,000 after buying an additional 364 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of O’Reilly Automotive by 1,357.9% in the second quarter. The Manufacturers Life Insurance Company now owns 498,745 shares of the specialty retailer’s stock valued at $44,950,000 after acquiring an additional 464,536 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.9%

Shares of ORLY stock opened at $89.55 on Thursday. O’Reilly Automotive, Inc. has a 12-month low of $82.59 and a 12-month high of $108.71. The firm has a fifty day moving average of $88.94 and a 200-day moving average of $90.91. The firm has a market capitalization of $72.44 billion, a price-to-earnings ratio of 28.52, a price-to-earnings-growth ratio of 1.97 and a beta of 0.51.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, meeting the consensus estimate of $0.86. O’Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The business had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter in the previous year, the business posted $0.78 EPS. O’Reilly Automotive’s revenue for the quarter 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. Research analysts expect that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ORLY. Morgan Stanley decreased their price target on O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Evercore reiterated an “outperform” rating and set a $115.00 price target on shares of O’Reilly Automotive in a research report on Friday, May 1st. DA Davidson set a $106.00 price objective on shares of O’Reilly Automotive in a research report on Friday, July 31st. Raymond James Financial reaffirmed an “outperform” rating and issued a $110.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 31st. Finally, Robert W. Baird set a $100.00 target price on O’Reilly Automotive in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average price target of $107.24.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director Maria Sastre sold 2,000 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total value of $183,700.00. Following the sale, the director directly owned 14,970 shares in the company, valued at $1,374,994.50. This trade represents a 11.79% 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, Director Thomas Hendrickson sold 1,200 shares of the business’s stock in a transaction 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 completion of the sale, the director directly owned 19,675 shares in the company, valued at approximately $1,737,696. This represents a 5.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 6,200 shares of company stock worth $568,684. Corporate insiders own 0.77% of the company’s stock.

O’Reilly Automotive 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.