Pictet Asset Management Holding SA Buys 43,163 Shares of O’Reilly Automotive, Inc. $ORLY

Pictet Asset Management Holding SA boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 792,359 shares of the specialty retailer’s stock after purchasing an additional 43,163 shares during the quarter. Pictet Asset Management Holding SA’s holdings in O’Reilly Automotive were worth $73,140,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new position in O’Reilly Automotive in the 4th quarter worth approximately $25,000. Tucker Asset Management LLC purchased a new stake in O’Reilly Automotive during the 4th quarter valued at $26,000. Wilkerson Advisory Group LLC bought a new stake in shares of O’Reilly Automotive in the 4th quarter worth $27,000. Kemnay Advisory Services Inc. bought a new stake in shares of O’Reilly Automotive in the 4th quarter worth $30,000. Finally, MidFirst Bank purchased a new position in shares of O’Reilly Automotive in the fourth quarter worth $31,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $90.16 on Tuesday. O’Reilly Automotive, Inc. has a 1-year low of $84.76 and a 1-year high of $108.71. The company has a market capitalization of $74.72 billion, a P/E ratio of 29.46, a P/E/G ratio of 1.98 and a beta of 0.53. The firm’s 50 day simple moving average is $90.60 and its two-hundred day simple moving average is $92.45.

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

Insider Buying and Selling

In other news, CEO Brad W. Beckham sold 13,635 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $95.00, for a total value of $1,295,325.00. Following the transaction, the chief executive officer directly owned 12,250 shares in the company, valued at $1,163,750. The trade was a 52.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Thomas Hendrickson sold 1,200 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $88.32, for a total value of $105,984.00. Following the sale, the director directly owned 19,675 shares in the company, valued at $1,737,696. This trade represents a 5.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 105,730 shares of company stock worth $9,815,388 in the last three months. Corporate insiders own 0.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Truist Financial set a $108.00 price objective on O’Reilly Automotive in a research report on Thursday, April 30th. Citigroup reissued a “buy” rating and issued a $115.00 target price (up from $110.00) on shares of O’Reilly Automotive in a research report on Friday, May 1st. TD Cowen restated a “buy” rating and set a $117.00 target price (up from $115.00) on shares of O’Reilly Automotive in a research note on Friday, May 1st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of O’Reilly Automotive in a report on Friday, April 24th. Finally, Raymond James Financial restated an “outperform” rating and set a $115.00 price objective on shares of O’Reilly Automotive in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $112.25.

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.