O’Reilly Automotive, Inc. $ORLY Shares Sold by Covea Finance

Covea Finance lessened its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 145,545 shares of the specialty retailer’s stock after selling 9,165 shares during the quarter. Covea Finance’s holdings in O’Reilly Automotive were worth $15,691,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. raised its position in O’Reilly Automotive by 1.2% in the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock valued at $953,000 after purchasing an additional 8 shares during the period. SageView Advisory Group LLC grew its holdings in shares of O’Reilly Automotive by 5.1% during the 1st quarter. SageView Advisory Group LLC now owns 185 shares of the specialty retailer’s stock worth $265,000 after purchasing an additional 9 shares during the period. Greenline Partners LLC increased its position in shares of O’Reilly Automotive by 18.2% during the 1st quarter. Greenline Partners LLC now owns 65 shares of the specialty retailer’s stock worth $93,000 after purchasing an additional 10 shares during the last quarter. Pinnacle Wealth Planning Services Inc. raised its holdings in O’Reilly Automotive by 5.5% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 306 shares of the specialty retailer’s stock valued at $438,000 after buying an additional 16 shares during the period. Finally, Jacobi Capital Management LLC lifted its position in O’Reilly Automotive by 9.9% in the first quarter. Jacobi Capital Management LLC now owns 223 shares of the specialty retailer’s stock valued at $319,000 after buying an additional 20 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Trading Up 0.5%

Shares of ORLY stock opened at $92.54 on Friday. The company has a market cap of $78.11 billion, a P/E ratio of 32.06, a PEG ratio of 2.18 and a beta of 0.62. The firm has a fifty day moving average price of $96.94 and a 200 day moving average price of $98.19. O’Reilly Automotive, Inc. has a 12 month low of $78.30 and a 12 month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The company had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.O’Reilly Automotive’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the business earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling

In related news, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the transaction, the director directly owned 8,125 shares of the company’s stock, valued at $752,375. This represents a 27.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Philip M. Hopper sold 3,500 shares of the stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total transaction of $354,375.00. Following the completion of the transaction, the senior vice president owned 4,792 shares in the company, valued at $485,190. This represents a 42.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,980 shares of company stock worth $882,335 over the last 90 days. 1.01% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ORLY has been the subject of several research analyst reports. UBS Group reaffirmed a “buy” rating and set a $120.00 target price (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. Baird R W raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Thursday, December 4th. Barclays set a $91.00 target price on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a report on Monday, October 27th. Wells Fargo & Company set a $115.00 price target on O’Reilly Automotive and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Finally, Evercore ISI set a $110.00 price target on O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Tuesday, December 16th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $112.05.

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.