Proficio Capital Partners LLC Buys Shares of 7,376 O’Reilly Automotive, Inc. $ORLY

Proficio Capital Partners LLC acquired a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 7,376 shares of the specialty retailer’s stock, valued at approximately $679,000.

Other institutional investors also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in O’Reilly Automotive in the 2nd quarter worth $5,950,042,000. Norges Bank bought a new stake in shares of O’Reilly Automotive in the fourth quarter worth about $1,134,311,000. Bank of New York Mellon Corp bought a new position in shares of O’Reilly Automotive during the second quarter valued at approximately $1,023,936,000. Akre Capital Management LLC boosted its holdings in O’Reilly Automotive by 989.3% in the second quarter. Akre Capital Management LLC now owns 9,410,714 shares of the specialty retailer’s stock valued at $848,188,000 after acquiring an additional 8,546,804 shares in the last quarter. Finally, Bank of America Corp DE purchased a new position in shares of O’Reilly Automotive during the second quarter valued at about $721,747,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In related news, Director Thomas Hendrickson sold 1,200 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $88.32, for a total value of $105,984.00. Following the transaction, the director directly owned 19,675 shares of the company’s stock, valued at approximately $1,737,696. The trade was a 5.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Maria Sastre sold 2,000 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total transaction of $183,700.00. Following the sale, the director directly owned 14,970 shares of the company’s stock, valued at approximately $1,374,994.50. This trade represents a 11.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,200 shares of company stock valued at $568,684 over the last 90 days. Company insiders own 0.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ORLY. Robert W. Baird set a $100.00 price target on shares of O’Reilly Automotive in a research note on Friday, July 31st. Evercore restated an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a research note on Friday, May 1st. Truist Financial set a $108.00 price objective on O’Reilly Automotive in a research report on Thursday, April 30th. UBS Group restated a “buy” rating on shares of O’Reilly Automotive in a report on Friday, July 31st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and an average price target of $107.24.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $89.55 on Thursday. The stock has a market cap of $72.44 billion, a PE ratio of 28.52, a price-to-earnings-growth ratio of 1.97 and a beta of 0.51. O’Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $108.71. The firm has a fifty day moving average price of $88.94 and a 200-day moving average price of $90.91.

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

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.