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

Assetmark Inc. trimmed its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 11.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 342,624 shares of the specialty retailer’s stock after selling 46,217 shares during the quarter. Assetmark Inc.’s holdings in O’Reilly Automotive were worth $31,628,000 as of its most recent filing with the SEC.

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

Insider Activity

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 transaction, the director directly owned 19,675 shares of the company’s stock, valued at $1,737,696. The trade was a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Philip M. Hopper sold 3,700 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $94.60, for a total transaction of $350,020.00. Following the completion of the sale, the senior vice president owned 4,888 shares in the company, valued at approximately $462,404.80. This trade represents a 43.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 105,730 shares of company stock valued at $9,815,388 over the last quarter. Insiders own 0.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on ORLY shares. UBS Group boosted their price target on O’Reilly Automotive from $114.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. DA Davidson reissued a “buy” rating and set a $114.00 price target on shares of O’Reilly Automotive in a report on Tuesday, July 7th. Roth Capital restated a “buy” rating and set a $109.00 price objective on shares of O’Reilly Automotive in a research note on Monday, May 4th. TD Cowen reaffirmed a “buy” rating and issued a $117.00 price objective (up from $115.00) on shares of O’Reilly Automotive in a report on Friday, May 1st. Finally, Citigroup reissued a “buy” rating and set a $115.00 target price (up from $110.00) on shares of O’Reilly Automotive in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $110.70.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $86.05 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $108.71. The firm has a market cap of $71.31 billion, a P/E ratio of 28.12, a PEG ratio of 1.90 and a beta of 0.51. The stock has a fifty day moving average price of $88.76 and a two-hundred day moving average price of $91.90.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, April 29th. The specialty retailer reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.46 billion. O’Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.The company’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $9.35 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. On average, research analysts predict that O’Reilly Automotive, Inc. will post 3.24 earnings per share 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.