O’Reilly Automotive, Inc. $ORLY Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA decreased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 13.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,914,525 shares of the specialty retailer’s stock after selling 1,238,191 shares during the period. Massachusetts Financial Services Co. MA’s holdings in O’Reilly Automotive were worth $853,265,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Resonant Capital Advisors LLC raised its position in O’Reilly Automotive by 3.7% in the third quarter. Resonant Capital Advisors LLC now owns 17,621 shares of the specialty retailer’s stock valued at $1,900,000 after purchasing an additional 634 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of O’Reilly Automotive by 43.6% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 9,788 shares of the specialty retailer’s stock valued at $1,052,000 after buying an additional 2,974 shares in the last quarter. Stegent Equity Advisors Inc. acquired a new stake in shares of O’Reilly Automotive in the third quarter valued at about $843,000. Maryland State Retirement & Pension System raised its holdings in shares of O’Reilly Automotive by 3.2% during the 3rd quarter. Maryland State Retirement & Pension System now owns 42,728 shares of the specialty retailer’s stock valued at $4,607,000 after buying an additional 1,306 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its position in O’Reilly Automotive by 4.8% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 37,839 shares of the specialty retailer’s stock worth $4,079,000 after acquiring an additional 1,720 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ORLY shares. Evercore ISI set a $110.00 price objective on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research report on Tuesday, December 16th. Wolfe Research raised shares of O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a report on Monday, December 22nd. Robert W. Baird set a $115.00 price objective on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Barclays set a $91.00 target price on O’Reilly Automotive and gave the company an “equal weight” rating in a research note on Monday, October 27th. Finally, Wells Fargo & Company set a $115.00 price target on O’Reilly Automotive and gave the company an “overweight” rating in a report on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, O’Reilly Automotive currently has a consensus rating of “Buy” and an average target price of $111.80.

Insider Activity at O’Reilly Automotive

In other news, SVP Philip M. Hopper sold 3,500 shares of O’Reilly Automotive stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total value of $354,375.00. Following the completion of the transaction, the senior vice president directly owned 4,792 shares of the company’s stock, valued at approximately $485,190. The trade was a 42.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the transaction, the senior vice president directly owned 28 shares in the company, valued at $2,836.68. This represents a 98.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 8,980 shares of company stock valued at $882,335. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $94.70 on Friday. The stock has a market capitalization of $79.94 billion, a price-to-earnings ratio of 32.81, a PEG ratio of 2.01 and a beta of 0.63. O’Reilly Automotive, Inc. has a one year low of $80.73 and a one year high of $108.71. The company’s 50-day simple moving average is $95.53 and its 200-day simple moving average is $98.57.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The firm had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. During the same period in the previous year, the company earned $11.41 earnings per share. O’Reilly Automotive’s quarterly revenue was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS 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.