Port Capital LLC Invests $85.49 Million in O’Reilly Automotive, Inc. $ORLY

Port Capital LLC bought a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 928,311 shares of the specialty retailer’s stock, valued at approximately $85,488,000. O’Reilly Automotive comprises approximately 3.5% of Port Capital LLC’s investment portfolio, making the stock its 9th largest holding.

Several other hedge funds also recently added to or reduced their stakes in the business. Sivia Capital Partners LLC raised its position in 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 valued at $319,000 after acquiring an additional 3,262 shares in the last quarter. NewEdge Advisors LLC boosted its position 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 purchasing an additional 65,067 shares in the last quarter. Sei Investments Co. grew its stake in shares of O’Reilly Automotive by 383.1% during the 2nd quarter. Sei Investments Co. now owns 560,353 shares of the specialty retailer’s stock worth $50,502,000 after purchasing an additional 444,371 shares during the period. BNP Paribas increased its holdings in shares of O’Reilly Automotive by 1,400.0% during the 2nd quarter. BNP Paribas now owns 390 shares of the specialty retailer’s stock valued at $35,000 after purchasing an additional 364 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of O’Reilly Automotive by 1,357.9% in 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 purchasing an additional 464,536 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director Maria Sastre sold 2,000 shares of the business’s stock in a transaction 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 completion of the transaction, the director owned 14,970 shares in the company, valued at approximately $1,374,994.50. The trade was a 11.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Thomas Hendrickson sold 1,200 shares of O’Reilly Automotive stock in a transaction on Friday, May 29th. The stock was sold at an average price of $88.32, for a total transaction of $105,984.00. Following the sale, the director owned 19,675 shares in the company, valued at $1,737,696. This represents a 5.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,200 shares of company stock valued at $568,684 in the last quarter. Corporate insiders own 0.77% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Roth Capital reissued a “buy” rating and set a $111.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 31st. Citigroup reaffirmed a “buy” rating and issued a $106.00 price target (up from $104.00) on shares of O’Reilly Automotive in a report on Monday, August 3rd. Mizuho increased their price target on O’Reilly Automotive from $105.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Robert W. Baird set a $100.00 price objective on O’Reilly Automotive in a research report on Friday, July 31st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus price target of $107.24.

O’Reilly Automotive Trading Down 0.9%

Shares of ORLY opened at $89.55 on Thursday. O’Reilly Automotive, Inc. has a 12-month low of $82.59 and a 12-month high of $108.71. The firm has a 50-day moving average price of $88.94 and a 200 day moving average price of $90.91. The firm has a market capitalization of $72.44 billion, a P/E ratio of 28.52, a P/E/G ratio of 1.97 and a beta of 0.51.

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