Carnegie Investment Counsel Acquires 8,836 Shares of O’Reilly Automotive, Inc. $ORLY

Carnegie Investment Counsel lifted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 523,205 shares of the specialty retailer’s stock after purchasing an additional 8,836 shares during the period. O’Reilly Automotive comprises about 1.1% of Carnegie Investment Counsel’s investment portfolio, making the stock its 19th largest position. Carnegie Investment Counsel owned 0.06% of O’Reilly Automotive worth $56,407,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in ORLY. Geneos Wealth Management Inc. increased its position in shares of O’Reilly Automotive by 1.2% during the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock worth $953,000 after acquiring an additional 8 shares during the period. SageView Advisory Group LLC grew its stake in O’Reilly Automotive by 5.1% in the first quarter. SageView Advisory Group LLC now owns 185 shares of the specialty retailer’s stock worth $265,000 after purchasing an additional 9 shares in the last quarter. Greenline Partners LLC increased its holdings in O’Reilly Automotive by 18.2% during the 1st quarter. Greenline Partners LLC now owns 65 shares of the specialty retailer’s stock worth $93,000 after purchasing an additional 10 shares during the period. Pinnacle Wealth Planning Services Inc. increased its holdings in O’Reilly Automotive by 5.5% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 306 shares of the specialty retailer’s stock worth $438,000 after purchasing an additional 16 shares during the period. Finally, Jacobi Capital Management LLC raised its position in O’Reilly Automotive by 9.9% during the 1st quarter. Jacobi Capital Management LLC now owns 223 shares of the specialty retailer’s stock valued at $319,000 after purchasing an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Wells Fargo & Company set a $115.00 price target on O’Reilly Automotive and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Royal Bank Of Canada set a $110.00 target price on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, October 24th. The Goldman Sachs Group set a $121.00 price target on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research report on Friday, October 24th. Evercore ISI set a $110.00 price objective on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research note on Tuesday, December 16th. Finally, Cowen reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $112.05.

Insider Transactions at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 2,355 shares of the business’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total transaction of $238,585.05. Following the transaction, the senior vice president directly owned 28 shares in the company, valued at $2,836.68. The trade was a 98.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Philip M. Hopper sold 3,500 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total value of $354,375.00. Following the transaction, the senior vice president directly owned 4,792 shares in the company, valued at $485,190. This represents a 42.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 8,980 shares of company stock valued at $882,335 in the last quarter. 1.01% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Stock Down 0.2%

Shares of O’Reilly Automotive stock opened at $92.25 on Friday. The company has a market cap of $77.87 billion, a P/E ratio of 31.96, a PEG ratio of 2.18 and a beta of 0.62. The firm’s 50 day moving average price is $96.75 and its 200-day moving average price is $98.20. O’Reilly Automotive, Inc. has a 52-week low of $78.30 and a 52-week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The company had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. During the same period last year, the firm earned $11.41 earnings per share. O’Reilly Automotive’s revenue was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, equities research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS 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.