Annex Advisory Services LLC Sells 372,570 Shares of O’Reilly Automotive, Inc. $ORLY

Annex Advisory Services LLC cut its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 87.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 51,088 shares of the specialty retailer’s stock after selling 372,570 shares during the period. Annex Advisory Services LLC’s holdings in O’Reilly Automotive were worth $4,363,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ORLY. First National Bank of Mount Dora Trust Investment Services lifted its position in shares of O’Reilly Automotive by 26.8% in the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 58,297 shares of the specialty retailer’s stock worth $5,381,000 after buying an additional 12,316 shares in the last quarter. Swiss National Bank boosted its position in O’Reilly Automotive by 6.5% during the first quarter. Swiss National Bank now owns 2,477,200 shares of the specialty retailer’s stock valued at $228,670,000 after purchasing an additional 152,100 shares in the last quarter. Nykredit A S purchased a new position in shares of O’Reilly Automotive in the 2nd quarter worth approximately $34,040,000. Corient Private Wealth LP raised its stake in O’Reilly Automotive by 46.0% in the second quarter. Corient Private Wealth LP now owns 1,077,091 shares of the specialty retailer’s stock valued at $99,189,000 after buying an additional 339,465 shares during the last quarter. Finally, National Pension Service increased its position in shares of O’Reilly Automotive by 2.0% in the 2nd quarter. National Pension Service now owns 2,279,184 shares of the specialty retailer’s stock valued at $209,890,000 after acquiring an additional 43,770 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director Thomas Hendrickson sold 1,000 shares of O’Reilly Automotive stock in a transaction on Friday, August 28th. The stock was sold at an average price of $87.83, for a total transaction of $87,830.00. Following the sale, the director owned 18,675 shares of the company’s stock, valued at $1,640,225.25. The trade was a 5.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Maria Sastre sold 2,000 shares of O’Reilly Automotive stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total transaction of $183,700.00. Following the sale, the director owned 14,970 shares in the company, valued at approximately $1,374,994.50. This represents a 11.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 6,000 shares of company stock valued at $550,530 in the last ninety days. Company insiders own 0.77% of the company’s stock.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of research analyst reports. Roth Capital restated a “buy” rating and set a $111.00 price objective (up from $109.00) on shares of O’Reilly Automotive in a research report on Friday, July 31st. Wells Fargo & Company set a $100.00 price target on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research note on Friday, July 24th. Weiss Ratings cut O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, August 27th. DA Davidson restated a “buy” rating and set a $106.00 price target on shares of O’Reilly Automotive in a research note on Wednesday, September 16th. Finally, Raymond James Financial restated an “outperform” rating and set a $110.00 price objective (down from $115.00) on shares of O’Reilly Automotive in a research report on Friday, July 31st. Sixteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $107.26.

O’Reilly Automotive Stock Up 0.9%

Shares of O’Reilly Automotive stock opened at $89.27 on Friday. The firm has a market cap of $72.22 billion, a P/E ratio of 28.43, a P/E/G ratio of 2.19 and a beta of 0.54. The business has a 50-day moving average price of $87.43 and a 200 day moving average price of $89.25. O’Reilly Automotive, Inc. has a fifty-two week low of $82.59 and a fifty-two week high of $102.46.

O’Reilly Automotive (NASDAQ:ORLY) last issued 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. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The firm had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter last year, the company posted $0.78 earnings per share. O’Reilly Automotive’s revenue was up 8.1% on a year-over-year basis. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. As a group, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 3.28 earnings per share for the current year.

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 as well as professional automotive service providers, offering products for vehicle maintenance, repair and customization.

Its merchandise includes replacement parts such as brakes, batteries, filters and engine components, along with lubricants, shop equipment, tools, accessories and related products. O’Reilly also provides services such as parts lookup, battery testing and recycling, loaner tools, and delivery to professional customers.

Founded in 1957 by the O’Reilly family in Springfield, Missouri, the company has grown from a single store into a large retail and distribution network serving customers throughout the United States and Mexico.