First Trust Advisors LP Has $78.58 Million Holdings in O’Reilly Automotive, Inc. $ORLY

First Trust Advisors LP cut its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.0% during the 3rd quarter, Holdings Channel reports. The firm owned 728,888 shares of the specialty retailer’s stock after selling 30,577 shares during the period. First Trust Advisors LP’s holdings in O’Reilly Automotive were worth $78,581,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ORLY. Brant Point Investment Management LLC grew its stake in O’Reilly Automotive by 1,244.7% during the second quarter. Brant Point Investment Management LLC now owns 149,520 shares of the specialty retailer’s stock worth $13,476,000 after buying an additional 138,401 shares in the last quarter. Bank of Nova Scotia raised its position in shares of O’Reilly Automotive by 7,192.8% in the 2nd quarter. Bank of Nova Scotia now owns 454,781 shares of the specialty retailer’s stock valued at $40,989,000 after buying an additional 448,545 shares in the last quarter. SVB Wealth LLC lifted its holdings in shares of O’Reilly Automotive by 1,094.1% during the 2nd quarter. SVB Wealth LLC now owns 18,090 shares of the specialty retailer’s stock worth $1,630,000 after acquiring an additional 16,575 shares during the period. Vestmark Advisory Solutions Inc. lifted its holdings in shares of O’Reilly Automotive by 34.0% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 51,657 shares of the specialty retailer’s stock worth $5,569,000 after acquiring an additional 13,100 shares during the period. Finally, Annex Advisory Services LLC boosted its position in shares of O’Reilly Automotive by 5.3% during the 3rd quarter. Annex Advisory Services LLC now owns 594,934 shares of the specialty retailer’s stock worth $64,140,000 after acquiring an additional 29,855 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Price Performance

ORLY stock opened at $94.61 on Tuesday. The stock has a market cap of $79.33 billion, a price-to-earnings ratio of 31.93, a P/E/G ratio of 2.11 and a beta of 0.63. The company has a 50 day simple moving average of $94.70 and a 200 day simple moving average of $98.12. O’Reilly Automotive, Inc. has a 1 year low of $85.55 and a 1 year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, February 4th. The specialty retailer reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.01). The company had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.39 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 239.04%. The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $9.50 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.100-3.200 EPS. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Analyst Ratings Changes

ORLY has been the topic of a number of recent analyst reports. Roth Mkm reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Wednesday, February 4th. JPMorgan Chase & Co. reduced their target price on O’Reilly Automotive from $114.00 to $108.00 and set an “overweight” rating on the stock in a report on Friday, February 6th. Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Wednesday, January 28th. Mizuho set a $105.00 price target on O’Reilly Automotive and gave the stock an “outperform” rating in a report on Friday, February 6th. Finally, Citigroup dropped their price objective on O’Reilly Automotive from $114.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, February 9th. One research 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’s stock. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus price target of $110.26.

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.