O’Reilly Automotive, Inc. $ORLY Shares Acquired by Peregrine Asset Advisers Inc.

Peregrine Asset Advisers Inc. increased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 26.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 57,583 shares of the specialty retailer’s stock after purchasing an additional 11,875 shares during the quarter. O’Reilly Automotive comprises about 1.4% of Peregrine Asset Advisers Inc.’s portfolio, making the stock its 19th biggest holding. Peregrine Asset Advisers Inc.’s holdings in O’Reilly Automotive were worth $5,315,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sivia Capital Partners LLC raised its stake in O’Reilly Automotive by 1,190.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,536 shares of the specialty retailer’s stock valued at $319,000 after acquiring an additional 3,262 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of O’Reilly Automotive by 1,473.8% in the second quarter. NewEdge Advisors LLC now owns 69,482 shares of the specialty retailer’s stock worth $6,262,000 after purchasing an additional 65,067 shares in the last quarter. Sei Investments Co. increased its holdings in shares of O’Reilly Automotive by 383.1% during the second quarter. Sei Investments Co. now owns 560,353 shares of the specialty retailer’s stock valued at $50,502,000 after purchasing an additional 444,371 shares during the period. BNP Paribas increased its holdings in shares of O’Reilly Automotive by 1,400.0% during the second quarter. BNP Paribas now owns 390 shares of the specialty retailer’s stock valued at $35,000 after purchasing an additional 364 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in shares of O’Reilly Automotive by 1,357.9% during the second quarter. The Manufacturers Life Insurance Company now owns 498,745 shares of the specialty retailer’s stock valued at $44,950,000 after purchasing an additional 464,536 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

Analyst Ratings Changes

ORLY has been the subject of several research analyst reports. DA Davidson upped their price objective on shares of O’Reilly Automotive from $110.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, May 1st. TD Cowen reissued a “buy” rating and set a $117.00 target price (up from $115.00) on shares of O’Reilly Automotive in a research note on Friday, May 1st. Roth Mkm restated a “buy” rating and set a $109.00 price target on shares of O’Reilly Automotive in a research report on Monday, May 4th. Truist Financial set a $108.00 price target on shares of O’Reilly Automotive in a research note on Thursday, April 30th. Finally, Mizuho increased their price objective on shares of O’Reilly Automotive from $105.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $112.25.

Insider Activity at O’Reilly Automotive

In other news, Director John Raymond Murphy sold 2,595 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $88.67, for a total transaction of $230,098.65. Following the completion of the transaction, the director owned 4,000 shares in the company, valued at approximately $354,680. This trade represents a 39.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Robert Allen Dumas sold 84,600 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $92.60, for a total transaction of $7,833,960.00. Following the completion of the transaction, the senior vice president directly owned 1,782 shares in the company, valued at $165,013.20. This represents a 97.94% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 105,730 shares of company stock worth $9,815,388. Company insiders own 0.77% of the company’s stock.

O’Reilly Automotive Stock Down 2.6%

Shares of O’Reilly Automotive stock opened at $90.25 on Friday. The firm has a market cap of $74.79 billion, a price-to-earnings ratio of 29.49, a price-to-earnings-growth ratio of 2.04 and a beta of 0.51. The business has a fifty day simple moving average of $90.50 and a 200-day simple moving average of $92.40. O’Reilly Automotive, Inc. has a fifty-two week low of $84.76 and a fifty-two week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results 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 business had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.46 billion. O’Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.The company’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the business posted $9.35 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. Analysts anticipate that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current fiscal year.

O’Reilly Automotive Company 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.