Principal Financial Group Inc. Sells 2,329,182 Shares of O’Reilly Automotive, Inc. $ORLY

Principal Financial Group Inc. trimmed its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 9.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,626,710 shares of the specialty retailer’s stock after selling 2,329,182 shares during the period. O’Reilly Automotive makes up approximately 1.0% of Principal Financial Group Inc.’s investment portfolio, making the stock its 16th largest holding. Principal Financial Group Inc.’s holdings in O’Reilly Automotive were worth $1,972,577,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of ORLY. Eagle Bay Advisors LLC bought a new stake in shares of O’Reilly Automotive in the fourth quarter valued at about $25,000. True Wealth Design LLC lifted its holdings in shares of O’Reilly Automotive by 127.7% in the third quarter. True Wealth Design LLC now owns 271 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 152 shares in the last quarter. IAG Wealth Partners LLC bought a new stake in shares of O’Reilly Automotive in the third quarter valued at about $31,000. Westfuller Advisors LLC bought a new stake in shares of O’Reilly Automotive in the third quarter valued at about $32,000. Finally, Financial Consulate Inc. bought a new stake in shares of O’Reilly Automotive in the third quarter valued at about $34,000. 85.00% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ORLY has been the topic of a number of research reports. DA Davidson boosted their price target on O’Reilly Automotive from $110.00 to $114.00 and gave the company a “buy” rating in a report on Friday. Truist Financial set a $108.00 price target on O’Reilly Automotive in a report on Thursday. Raymond James Financial restated an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a report on Friday. TD Cowen reissued a “buy” rating and set a $117.00 price target (up from $115.00) on shares of O’Reilly Automotive in a research report on Friday. Finally, Citigroup reissued a “buy” rating and set a $115.00 price target (up from $110.00) on shares of O’Reilly Automotive in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $112.00.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $93.98 on Tuesday. The stock has a 50 day moving average price of $92.51 and a 200 day moving average price of $94.85. O’Reilly Automotive, Inc. has a 52 week low of $86.77 and a 52 week high of $108.71. The stock has a market capitalization of $78.63 billion, a PE ratio of 30.71, a price-to-earnings-growth ratio of 2.14 and a beta of 0.58.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, April 29th. The specialty retailer reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. O’Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.46 billion. During the same period in the prior year, the firm posted $9.35 earnings per share. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 3.22 EPS for the current year.

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.