O’Reilly Automotive, Inc. $ORLY Position Reduced by Engineers Gate Manager LP

Engineers Gate Manager LP trimmed its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 32.2% in the second quarter, HoldingsChannel.com reports. The firm owned 163,984 shares of the specialty retailer’s stock after selling 78,038 shares during the quarter. Engineers Gate Manager LP’s holdings in O’Reilly Automotive were worth $15,101,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several equities research analysts have commented on the stock. UBS Group reiterated a “buy” rating on shares of O’Reilly Automotive in a research report on Friday, July 31st. Wells Fargo & Company set a $100.00 price objective on shares of O’Reilly Automotive in a research report on Friday, July 24th. Wolfe Research set a $98.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, July 15th. Raymond James Financial reiterated an “outperform” rating and issued a $110.00 target price on shares of O’Reilly Automotive in a report on Friday, July 31st. Finally, Morgan Stanley cut their target price on shares of O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $107.24.

O’Reilly Automotive Stock Performance

Shares of ORLY opened at $86.08 on Thursday. The company has a market capitalization of $69.64 billion, a PE ratio of 27.41, a PEG ratio of 2.13 and a beta of 0.52. The company’s 50 day moving average price is $88.72 and its 200 day moving average price is $90.43. O’Reilly Automotive, Inc. has a 52 week low of $82.59 and a 52 week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.86. The company had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The company’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.78 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In related news, Director Maria Sastre sold 2,000 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total transaction of $183,700.00. Following the completion of the sale, the director owned 14,970 shares of the company’s stock, valued at approximately $1,374,994.50. This trade represents a 11.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Christopher Mancini sold 3,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total value of $279,000.00. Following the completion of the transaction, the senior vice president owned 189 shares in the company, valued at $17,577. This trade represents a 94.07% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 6,000 shares of company stock valued at $550,530. 0.77% of the stock is owned by insiders.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves do-it-yourself customers, professional service technicians and commercial garages, offering products for maintaining and repairing cars, trucks and other vehicles.

Its merchandise includes replacement parts such as brakes, filters, belts, batteries and ignition components, as well as shop equipment, tools, fluids, lighting and appearance products. O’Reilly also provides services such as parts lookup, battery testing and installation, loaner tool programs, used-oil recycling and commercial delivery to professional customers.