O’Reilly Automotive, Inc. $ORLY Shares Purchased by Harvest Fund Management Co. Ltd

by · The Markets Daily

Harvest Fund Management Co. Ltd increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 10.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 63,025 shares of the specialty retailer’s stock after acquiring an additional 6,047 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in O’Reilly Automotive were worth $5,748,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of ORLY. Eagle Bay Advisors LLC acquired a new stake in O’Reilly Automotive during the fourth quarter worth approximately $25,000. Tucker Asset Management LLC acquired a new stake in O’Reilly Automotive during the fourth quarter worth approximately $26,000. IAG Wealth Partners LLC acquired a new stake in O’Reilly Automotive during the third quarter worth approximately $31,000. Ares Financial Consulting LLC acquired a new stake in O’Reilly Automotive during the fourth quarter worth approximately $34,000. Finally, BNP Paribas boosted its position in O’Reilly Automotive by 1,400.0% during the second quarter. BNP Paribas now owns 390 shares of the specialty retailer’s stock worth $35,000 after acquiring an additional 364 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity

In related news, Director Thomas Hendrickson sold 1,200 shares of O’Reilly Automotive stock in a transaction on Friday, May 29th. The shares were sold at an average price of $88.32, for a total transaction of $105,984.00. Following the sale, the director owned 19,675 shares of the company’s stock, valued at $1,737,696. The trade was a 5.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Philip M. Hopper sold 3,700 shares of O’Reilly Automotive stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $94.60, for a total transaction of $350,020.00. Following the sale, the senior vice president directly owned 4,888 shares in the company, valued at $462,404.80. This trade represents a 43.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 105,730 shares of company stock worth $9,815,388 over the last three months. 0.77% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

ORLY has been the topic of a number of research analyst reports. Raymond James Financial reiterated an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a report on Friday, May 1st. UBS Group lifted their price target on shares of O’Reilly Automotive from $114.00 to $120.00 and gave the company a “buy” rating in a report on Friday, May 1st. Mizuho lifted their price target 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. Truist Financial set a $108.00 price target on shares of O’Reilly Automotive in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. decreased their price target on shares of O’Reilly Automotive from $114.00 to $108.00 and set an “overweight” rating on the stock in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $112.25.

Check Out Our Latest Research Report on ORLY

O’Reilly Automotive Trading Up 1.2%

NASDAQ:ORLY opened at $88.40 on Friday. The firm has a market capitalization of $73.26 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 1.93 and a beta of 0.53. The firm’s fifty day simple moving average is $91.79 and its 200 day simple moving average is $93.71. O’Reilly Automotive, Inc. has a twelve month low of $85.35 and a twelve month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted 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 for the quarter, compared to analyst estimates of $4.46 billion. O’Reilly Automotive had a net margin of 14.30% and a negative return on equity of 263.22%. The business’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $9.35 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. On average, analysts predict that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current year.

O’Reilly Automotive Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report).