Meeder Advisory Services Inc. Takes $2.53 Million Position in O’Reilly Automotive, Inc. $ORLY

Meeder Advisory Services Inc. bought a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 27,498 shares of the specialty retailer’s stock, valued at approximately $2,532,000.

Other hedge funds have also added to or reduced their stakes in the company. Meeder Asset Management Inc. purchased a new stake in O’Reilly Automotive during the second quarter valued at about $1,114,000. Tiemann Investment Advisors LLC purchased a new position in shares of O’Reilly Automotive in the second quarter worth about $267,000. Citizens Financial Group Inc. RI bought a new stake in shares of O’Reilly Automotive in the 2nd quarter valued at about $7,628,000. Texas Capital Bank Wealth Management Services Inc bought a new stake in shares of O’Reilly Automotive in the 2nd quarter valued at about $412,000. Finally, Cornerstone Advisors LLC purchased a new stake in O’Reilly Automotive during the 2nd quarter valued at about $17,438,000. 85.00% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on ORLY shares. Truist Financial set a $108.00 price target on O’Reilly Automotive in a research note on Thursday, April 30th. The Goldman Sachs Group restated a “buy” rating on shares of O’Reilly Automotive in a report on Monday, August 3rd. Roth Capital reaffirmed a “buy” rating and issued a $111.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 31st. Morgan Stanley lowered their price target on shares of O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Finally, UBS Group reissued a “buy” rating on shares of O’Reilly Automotive in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $107.24.

Insider Activity

In related news, Director Thomas Hendrickson sold 1,200 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $88.32, for a total transaction of $105,984.00. Following the transaction, the director owned 19,675 shares in the company, valued at $1,737,696. The trade was a 5.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Maria Sastre sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total transaction of $183,700.00. Following the completion of the sale, the director owned 14,970 shares of the company’s stock, valued at $1,374,994.50. This trade represents a 11.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 6,200 shares of company stock valued at $568,684. Corporate insiders own 0.77% of the company’s stock.

O’Reilly Automotive Stock Up 0.6%

Shares of O’Reilly Automotive stock opened at $90.76 on Wednesday. The business has a 50 day moving average of $88.96 and a 200 day moving average of $91.20. O’Reilly Automotive, Inc. has a 52 week low of $82.59 and a 52 week high of $108.71. The company has a market cap of $73.42 billion, a PE ratio of 28.90, a P/E/G ratio of 1.99 and a beta of 0.51.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, meeting the consensus estimate of $0.86. The business had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, research analysts anticipate that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current year.

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.