Banque Pictet & Cie SA Lowers Holdings in O’Reilly Automotive, Inc. $ORLY

Banque Pictet & Cie SA decreased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 501,642 shares of the specialty retailer’s stock after selling 5,576 shares during the quarter. Banque Pictet & Cie SA owned about 0.06% of O’Reilly Automotive worth $54,082,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. MAI Capital Management lifted its position in O’Reilly Automotive by 14.0% in the first quarter. MAI Capital Management now owns 840 shares of the specialty retailer’s stock valued at $1,203,000 after buying an additional 103 shares during the last quarter. Graham Capital Management L.P. raised its stake in shares of O’Reilly Automotive by 194.1% in the 1st quarter. Graham Capital Management L.P. now owns 800 shares of the specialty retailer’s stock valued at $1,146,000 after acquiring an additional 528 shares during the period. Focus Partners Advisor Solutions LLC purchased a new stake in shares of O’Reilly Automotive in the 1st quarter valued at approximately $555,000. Federation des caisses Desjardins du Quebec lifted its holdings in shares of O’Reilly Automotive by 65.3% in the 1st quarter. Federation des caisses Desjardins du Quebec now owns 3,256 shares of the specialty retailer’s stock worth $4,665,000 after acquiring an additional 1,286 shares during the last quarter. Finally, Concentric Capital Strategies LP purchased a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $1,865,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other news, SVP Philip M. Hopper sold 3,500 shares of the firm’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total value of $354,375.00. Following the sale, the senior vice president directly owned 4,792 shares in the company, valued at approximately $485,190. This trade represents a 42.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the sale, the director directly owned 8,125 shares of the company’s stock, valued at approximately $752,375. This trade represents a 27.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,980 shares of company stock valued at $882,335 over the last 90 days. 1.01% of the stock is owned by corporate insiders.

O’Reilly Automotive Trading Down 0.3%

NASDAQ:ORLY opened at $91.21 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $78.71 and a 12-month high of $108.71. The firm has a market cap of $76.99 billion, a PE ratio of 31.60, a price-to-earnings-growth ratio of 2.15 and a beta of 0.63. The stock has a fifty day moving average price of $96.03 and a 200 day moving average price of $98.22.

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. TD Cowen lifted their target price on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a report on Monday, September 15th. Cowen reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. The Goldman Sachs Group set a $121.00 price objective on O’Reilly Automotive and gave the company a “buy” rating in a report on Friday, October 24th. Evercore ISI set a $110.00 target price on O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Tuesday, December 16th. Finally, Robert W. Baird set a $115.00 target price on O’Reilly Automotive and gave the company an “outperform” rating in a report on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Buy” and a consensus price target of $112.05.

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.