North Dakota State Investment Board Purchases Shares of 29,232 O’Reilly Automotive, Inc. $ORLY

by · The Cerbat Gem

North Dakota State Investment Board acquired a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 29,232 shares of the specialty retailer’s stock, valued at approximately $2,666,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Eagle Bay Advisors LLC acquired a new position in shares of O’Reilly Automotive during the fourth quarter worth about $25,000. IAG Wealth Partners LLC acquired a new position in shares of O’Reilly Automotive during the third quarter worth about $31,000. Westfuller Advisors LLC acquired a new position in shares of O’Reilly Automotive during the third quarter worth about $32,000. United Community Bank lifted its stake in shares of O’Reilly Automotive by 75.0% during the third quarter. United Community Bank now owns 315 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 135 shares in the last quarter. Finally, Ares Financial Consulting LLC acquired a new position in shares of O’Reilly Automotive during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on ORLY. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Monday, April 27th. DA Davidson boosted their price target on O’Reilly Automotive from $110.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. TD Cowen reiterated a “buy” rating and issued a $117.00 price target (up from $115.00) on shares of O’Reilly Automotive in a research note on Friday, May 1st. Truist Financial set a $108.00 price objective on O’Reilly Automotive in a report on Thursday, April 30th. Finally, Evercore reissued an “outperform” rating and issued a $115.00 price objective on shares of 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 given a Hold rating to the company’s stock. According to data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus target price of $112.25.

Read Our Latest Research Report on O’Reilly Automotive

Insider Activity

In related news, SVP Philip M. Hopper sold 3,700 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $94.60, for a total value of $350,020.00. Following the completion of the sale, the senior vice president directly owned 4,888 shares of the company’s stock, valued at $462,404.80. The trade was a 43.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Brad W. Beckham sold 13,635 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $95.00, for a total value of $1,295,325.00. Following the transaction, the chief executive officer directly owned 12,250 shares of the company’s stock, valued at $1,163,750. This trade represents a 52.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.77% of the stock is owned by insiders.

O’Reilly Automotive Stock Up 3.7%

Shares of O’Reilly Automotive stock opened at $91.74 on Tuesday. The firm has a market cap of $76.03 billion, a P/E ratio of 29.98, a P/E/G ratio of 1.95 and a beta of 0.58. O’Reilly Automotive, Inc. has a fifty-two week low of $86.77 and a fifty-two week high of $108.71. The business has a 50-day moving average price of $92.17 and a 200 day moving average price of $94.31.

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The specialty retailer reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. The firm had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.46 billion. O’Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.O’Reilly Automotive’s quarterly revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the company earned $9.35 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. As a group, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 3.25 earnings per share for the current year.

O’Reilly Automotive Company Profile

(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.

Further Reading

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