Forum Financial Management LP Has $377,000 Holdings in O’Reilly Automotive, Inc. $ORLY

Forum Financial Management LP cut its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 57.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,081 shares of the specialty retailer’s stock after selling 5,571 shares during the period. Forum Financial Management LP’s holdings in O’Reilly Automotive were worth $377,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in ORLY. Eagle Bay Advisors LLC acquired a new position in O’Reilly Automotive in the fourth quarter worth approximately $25,000. Tucker Asset Management LLC bought a new position in O’Reilly Automotive during the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC acquired a new stake in O’Reilly Automotive in the fourth quarter valued at approximately $27,000. Kemnay Advisory Services Inc. acquired a new stake in O’Reilly Automotive in the fourth quarter valued at approximately $30,000. Finally, MidFirst Bank bought a new stake in O’Reilly Automotive in the fourth quarter worth approximately $31,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 2,595 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $88.67, for a total value of $230,098.65. Following the completion of the sale, the director owned 4,000 shares in the company, valued at approximately $354,680. This trade represents a 39.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Philip M. Hopper sold 3,700 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $94.60, for a total value of $350,020.00. Following the transaction, the senior vice president owned 4,888 shares in the company, valued at $462,404.80. This represents a 43.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 105,730 shares of company stock worth $9,815,388. Insiders own 0.77% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Raymond James Financial restated an “outperform” rating and set a $115.00 price target on shares of O’Reilly Automotive in a research note on Friday, May 1st. Roth Mkm reiterated a “buy” rating and issued a $109.00 price objective on shares of O’Reilly Automotive in a report on Monday, May 4th. Evercore reiterated an “outperform” rating and issued a $115.00 price objective on shares of O’Reilly Automotive in a report on Friday, May 1st. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Monday, April 27th. Finally, TD Cowen reaffirmed a “buy” rating and issued a $117.00 price target (up from $115.00) on shares of O’Reilly Automotive in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus target price of $112.25.

O’Reilly Automotive Trading Up 2.1%

ORLY opened at $92.09 on Wednesday. The business has a 50 day moving average of $90.57 and a 200-day moving average of $92.44. The stock has a market capitalization of $76.32 billion, a price-to-earnings ratio of 30.09, a P/E/G ratio of 1.99 and a beta of 0.53. O’Reilly Automotive, Inc. has a 1-year low of $84.76 and a 1-year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results 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 business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.46 billion. O’Reilly Automotive had a net margin of 14.30% and a negative return on equity of 263.22%. O’Reilly Automotive’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $9.35 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. Equities analysts predict that O’Reilly Automotive, Inc. will post 3.24 EPS for the current year.

About O’Reilly Automotive

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.