Cibc World Market Inc. Makes New Investment in O’Reilly Automotive, Inc. $ORLY

Cibc World Market Inc. acquired a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 133,057 shares of the specialty retailer’s stock, valued at approximately $12,253,000.

Other large investors have also recently added to or reduced their stakes in the company. Tucker Asset Management LLC acquired a new position in shares of O’Reilly Automotive during the 4th quarter worth about $26,000. Wilkerson Advisory Group LLC bought a new position in O’Reilly Automotive during the fourth quarter worth about $27,000. Kelleher Financial Advisors acquired a new position in O’Reilly Automotive during the second quarter worth approximately $28,000. Whipplewood Advisors LLC raised its stake in O’Reilly Automotive by 1,552.6% in the first quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 295 shares during the period. Finally, Bell Investment Advisors Inc acquired a new stake in shares of O’Reilly Automotive in the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ORLY shares. UBS Group reissued a “buy” rating on shares of O’Reilly Automotive in a report on Friday, July 31st. Wells Fargo & Company set a $100.00 price target on O’Reilly Automotive in a report on Friday, July 24th. Weiss Ratings raised shares of O’Reilly Automotive from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Mizuho upped their price objective on shares of O’Reilly Automotive from $105.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Finally, DA Davidson set a $106.00 price objective on shares of O’Reilly Automotive in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $107.24.

Read Our Latest Stock Report on O’Reilly Automotive

Insider Buying and Selling

In other O’Reilly Automotive 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 value 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. The trade was a 5.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Christopher Andrew Mancini sold 3,000 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total transaction of $279,000.00. Following the transaction, the senior vice president owned 189 shares in the company, valued at approximately $17,577. The trade was a 94.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 6,200 shares of company stock valued at $568,684. 0.77% of the stock is owned by company insiders.

O’Reilly Automotive Price Performance

ORLY opened at $90.68 on Tuesday. The business has a fifty day simple moving average of $88.92 and a 200 day simple moving average of $90.97. O’Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $108.71. The company has a market capitalization of $73.36 billion, a PE ratio of 28.88, a price-to-earnings-growth ratio of 1.95 and a beta of 0.51.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last posted its quarterly earnings data 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 negative return on equity of 232.45% and a net margin of 14.27%.The firm had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter last year, the business earned $0.78 EPS. The company’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. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.

O’Reilly Automotive Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.