Hsbc Holdings PLC Raises Position in O’Reilly Automotive, Inc. $ORLY

Hsbc Holdings PLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,816,772 shares of the specialty retailer’s stock after buying an additional 60,618 shares during the period. Hsbc Holdings PLC’s holdings in O’Reilly Automotive were worth $167,646,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of O’Reilly Automotive in the 4th quarter valued at about $1,134,311,000. Akre Capital Management LLC grew its holdings in shares of O’Reilly Automotive by 989.3% during the second quarter. Akre Capital Management LLC now owns 9,410,714 shares of the specialty retailer’s stock worth $848,188,000 after purchasing an additional 8,546,804 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of O’Reilly Automotive by 25.1% during 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 purchasing an additional 2,964,945 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of O’Reilly Automotive by 1,316.5% in the second quarter. Ameriprise Financial Inc. now owns 3,027,830 shares of the specialty retailer’s stock worth $272,871,000 after purchasing an additional 2,814,071 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of O’Reilly Automotive by 1,277.3% in the second quarter. Raymond James Financial Inc. now owns 2,346,977 shares of the specialty retailer’s stock worth $211,533,000 after purchasing an additional 2,176,568 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Price Performance

Shares of ORLY opened at $86.05 on Friday. The firm has a market cap of $71.31 billion, a P/E ratio of 28.12, a P/E/G ratio of 1.90 and a beta of 0.51. The stock has a 50 day simple moving average of $88.76 and a two-hundred day simple moving average of $91.90. O’Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, April 29th. The specialty retailer reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.46 billion. O’Reilly Automotive had a net margin of 14.30% and a negative return on equity of 263.22%. The business’s revenue was up 10.2% compared to the same quarter last year. During the same period last year, the firm posted $9.35 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current year.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Philip M. Hopper sold 3,700 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $94.60, for a total transaction of $350,020.00. Following the completion of the sale, the senior vice president directly owned 4,888 shares in the company, valued at $462,404.80. This represents a 43.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Thomas Hendrickson sold 1,200 shares of the firm’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 transaction, the director directly owned 19,675 shares in the company, valued at $1,737,696. This trade represents a 5.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 105,730 shares of company stock worth $9,815,388 over the last 90 days. Insiders own 0.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $113.00 target price on shares of O’Reilly Automotive in a research note on Monday, July 13th. DA Davidson reissued a “buy” rating and issued a $114.00 price target on shares of O’Reilly Automotive in a report on Tuesday, July 7th. UBS Group increased their price target on shares of O’Reilly Automotive from $114.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Royal Bank Of Canada restated an “outperform” rating on shares of O’Reilly Automotive in a research report on Friday, April 24th. Finally, Mizuho lifted their price objective on shares of O’Reilly Automotive from $105.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $110.70.

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.