7,550 O’Reilly Automotive, Inc. $ORLY Shares Sold by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC decreased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 185,061 shares of the specialty retailer’s stock after selling 7,550 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $15,806,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sax Wealth Advisors LLC boosted its stake in O’Reilly Automotive by 80.5% during the third quarter. Sax Wealth Advisors LLC now owns 8,300 shares of the specialty retailer’s stock valued at $709,000 after buying an additional 3,701 shares during the last quarter. NorthCrest Asset Manangement LLC grew its holdings in O’Reilly Automotive by 17.3% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 22,986 shares of the specialty retailer’s stock valued at $1,977,000 after buying an additional 3,394 shares in the last quarter. Valley Wealth Managers Inc. increased its stake in O’Reilly Automotive by 6.5% in the 3rd quarter. Valley Wealth Managers Inc. now owns 8,066 shares of the specialty retailer’s stock worth $689,000 after acquiring an additional 492 shares during the last quarter. Castleview Partners LLC increased its stake in O’Reilly Automotive by 3.6% in the 3rd quarter. Castleview Partners LLC now owns 5,297 shares of the specialty retailer’s stock worth $452,000 after acquiring an additional 184 shares during the last quarter. Finally, Riversedge Advisors LLC increased its stake in O’Reilly Automotive by 13.1% in the 3rd quarter. Riversedge Advisors LLC now owns 3,369 shares of the specialty retailer’s stock worth $288,000 after acquiring an additional 391 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ORLY. Morgan Stanley decreased their price objective on O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Roth Capital reissued a “buy” rating and issued a $111.00 target price (up from $109.00) on shares of O’Reilly Automotive in a report on Friday, July 31st. Raymond James Financial reissued an “outperform” rating and issued a $110.00 target price (down from $115.00) on shares of O’Reilly Automotive in a report on Friday, July 31st. The Goldman Sachs Group restated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, August 3rd. Finally, Weiss Ratings cut shares of O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, August 27th. Sixteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $107.26.

O’Reilly Automotive Trading Down 0.7%

Shares of NASDAQ:ORLY traded down $0.62 during trading on Tuesday, reaching $86.03. The company’s stock had a trading volume of 3,385,141 shares, compared to its average volume of 6,467,338. O’Reilly Automotive, Inc. has a 12 month low of $82.59 and a 12 month high of $104.06. The firm’s 50 day simple moving average is $87.75 and its two-hundred day simple moving average is $89.30. The stock has a market capitalization of $69.59 billion, a PE ratio of 27.40, a price-to-earnings-growth ratio of 2.14 and a beta of 0.54.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 EPS 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 company had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same quarter last year, the business posted $0.78 earnings per share. The firm’s revenue 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 anticipate that O’Reilly Automotive, Inc. will post 3.27 EPS for the current fiscal year.

Insider Activity

In other news, Director Maria Sastre sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total transaction of $183,700.00. Following the transaction, the director owned 14,970 shares of the company’s stock, valued at approximately $1,374,994.50. The trade was a 11.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Thomas Hendrickson sold 1,000 shares of O’Reilly Automotive stock in a transaction on Friday, August 28th. The stock was sold at an average price of $87.83, for a total transaction of $87,830.00. Following the transaction, the director directly owned 18,675 shares of the company’s stock, valued at $1,640,225.25. The trade was a 5.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,000 shares of company stock valued at $550,530 in the last ninety days. Insiders own 0.77% of the company’s stock.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves do-it-yourself customers as well as professional automotive service providers, offering products for vehicle maintenance, repair and customization.

Its merchandise includes replacement parts such as brakes, batteries, filters and engine components, along with lubricants, shop equipment, tools, accessories and related products. O’Reilly also provides services such as parts lookup, battery testing and recycling, loaner tools, and delivery to professional customers.

Founded in 1957 by the O’Reilly family in Springfield, Missouri, the company has grown from a single store into a large retail and distribution network serving customers throughout the United States and Mexico.