Allspring Global Investments Holdings LLC Reduces Stock Position in O’Reilly Automotive, Inc. $ORLY

Allspring Global Investments Holdings LLC reduced its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 39.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 347,870 shares of the specialty retailer’s stock after selling 227,105 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in O’Reilly Automotive were worth $32,039,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in ORLY. Norges Bank bought a new stake in O’Reilly Automotive during the fourth quarter worth about $1,134,311,000. Akre Capital Management LLC raised its stake in O’Reilly Automotive by 989.3% during 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. Wellington Management Group LLP lifted its holdings in O’Reilly Automotive by 25.1% in the 4th quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer’s stock worth $1,345,829,000 after purchasing an additional 2,964,945 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in O’Reilly Automotive by 1,316.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,027,830 shares of the specialty retailer’s stock worth $272,871,000 after purchasing an additional 2,814,071 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in O’Reilly Automotive by 1,277.3% in the 2nd quarter. Raymond James Financial Inc. now owns 2,346,977 shares of the specialty retailer’s stock worth $211,533,000 after purchasing an additional 2,176,568 shares during the period. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $86.05 on Monday. The business has a fifty day moving average price of $88.76 and a 200 day moving average price of $91.90. O’Reilly Automotive, Inc. has a 1-year low of $82.59 and a 1-year high of $108.71. The stock has a market capitalization of $71.31 billion, a P/E ratio of 28.12, a price-to-earnings-growth ratio of 1.90 and a beta of 0.51.

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

Analyst Upgrades and Downgrades

Several analysts have commented on ORLY shares. Truist Financial set a $108.00 price target on shares of O’Reilly Automotive in a research note on Thursday, April 30th. Royal Bank Of Canada restated an “outperform” rating on shares of O’Reilly Automotive in a research report on Friday, April 24th. Roth Capital reissued a “buy” rating and set a $109.00 price objective on shares of O’Reilly Automotive in a research note on Monday, May 4th. Wells Fargo & Company reissued an “overweight” rating and issued a $110.00 price objective (up from $105.00) on shares of O’Reilly Automotive in a research note on Thursday, April 30th. Finally, Morgan Stanley restated an “overweight” rating and issued a $112.00 target price on shares of O’Reilly Automotive in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and an average price target of $110.70.

Insider Activity at O’Reilly Automotive

In related news, Director Thomas Hendrickson sold 1,200 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $88.32, for a total transaction of $105,984.00. Following the completion of the sale, the director owned 19,675 shares of the company’s stock, valued at $1,737,696. This represents a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Philip M. Hopper sold 3,700 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were 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 of the company’s stock, valued at approximately $462,404.80. This trade represents a 43.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 105,730 shares of company stock valued at $9,815,388 over the last three months. Company insiders own 0.77% of the company’s stock.

O’Reilly Automotive Company 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.