O’Reilly Automotive (NASDAQ:ORLY) CEO Sells $1,295,325.00 in Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLYGet Free Report) CEO Brad Beckham sold 13,635 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $95.00, for a total value of $1,295,325.00. Following the transaction, the chief executive officer owned 12,250 shares in the company, valued at $1,163,750. This trade represents a 52.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

O’Reilly Automotive Stock Down 2.3%

Shares of ORLY stock opened at $89.70 on Thursday. The business’s fifty day moving average is $92.42 and its 200 day moving average is $94.45. The stock has a market cap of $74.34 billion, a price-to-earnings ratio of 29.31, a PEG ratio of 2.02 and a beta of 0.58. O’Reilly Automotive, Inc. has a twelve month low of $86.77 and a twelve month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $4.46 billion. O’Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $9.35 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. Equities research analysts expect that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current fiscal year.

Institutional Investors Weigh In On O’Reilly Automotive

A number of institutional investors have recently modified their holdings of ORLY. Norges Bank purchased a new stake in shares of O’Reilly Automotive in the fourth quarter worth $1,134,311,000. Akre Capital Management LLC grew its stake in shares of 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 worth $848,188,000 after acquiring an additional 8,546,804 shares during the last quarter. Alphinity Investment Management Pty Ltd purchased a new stake in shares of O’Reilly Automotive in the third quarter worth $435,620,000. Rakuten Investment Management Inc. purchased a new stake in shares of O’Reilly Automotive in the third quarter worth $365,417,000. Finally, Wellington Management Group LLP grew its stake in shares of O’Reilly Automotive by 25.1% in the fourth quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer’s stock worth $1,345,829,000 after acquiring an additional 2,964,945 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ORLY has been the subject of a number of research reports. Morgan Stanley reiterated an “overweight” rating and issued a $112.00 price objective on shares of O’Reilly Automotive in a report on Thursday, April 30th. DA Davidson increased their price objective on O’Reilly Automotive from $110.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Wells Fargo & Company reiterated an “overweight” rating and issued a $110.00 price objective (up from $105.00) on shares of O’Reilly Automotive in a report on Thursday, April 30th. Mizuho increased their price objective on O’Reilly Automotive from $105.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Finally, Robert W. Baird set a $110.00 price objective on O’Reilly Automotive in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $112.25.

View Our Latest Stock Report on ORLY

About O’Reilly Automotive

(Get 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.

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