Glenview Trust Co Takes Position in O’Reilly Automotive, Inc. $ORLY

Glenview Trust Co bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 149,010 shares of the specialty retailer’s stock, valued at approximately $13,722,000.

A number of other institutional investors and hedge funds have also modified their holdings of ORLY. BlackRock Inc. purchased a new stake in O’Reilly Automotive in the 2nd quarter worth about $5,950,042,000. Norges Bank purchased a new position in O’Reilly Automotive during the 4th quarter valued at about $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 about $1,023,936,000. Akre Capital Management LLC increased its holdings in shares of 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 period. Finally, Bank of America Corp DE purchased a new stake in shares of O’Reilly Automotive in the second quarter worth approximately $721,747,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ORLY shares. Roth Capital restated a “buy” rating and set a $111.00 price target on shares of O’Reilly Automotive in a report on Friday, July 31st. UBS Group reiterated a “buy” rating on shares of O’Reilly Automotive in a research report on Friday, July 31st. Truist Financial set a $108.00 target price on shares of O’Reilly Automotive in a research note on Thursday, April 30th. Evercore reaffirmed an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a research note on Friday, May 1st. Finally, Wolfe Research set a $98.00 price objective on O’Reilly Automotive in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $107.24.

Insider Buying and Selling

In other news, SVP Christopher Andrew Mancini sold 3,000 shares of O’Reilly Automotive 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 sale, the senior vice president directly owned 189 shares in the company, valued at approximately $17,577. The trade was a 94.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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. The trade was a 11.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.77% of the company’s stock.

O’Reilly Automotive Stock Down 1.9%

Shares of ORLY stock opened at $87.83 on Friday. The business’s 50 day moving average is $88.96 and its two-hundred day moving average is $90.86. O’Reilly Automotive, Inc. has a 12 month low of $82.59 and a 12 month high of $108.71. The company has a market cap of $71.05 billion, a PE ratio of 27.97, a price-to-earnings-growth ratio of 1.96 and a beta of 0.51.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, hitting 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 during the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter in the previous year, the firm earned $0.78 EPS. The firm’s revenue was up 8.1% compared to the same quarter last year. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. As a group, equities analysts expect that O’Reilly Automotive, Inc. will post 3.27 EPS for the current fiscal 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.