Eastern Bank Has $24.62 Million Stock Position in O’Reilly Automotive, Inc. $ORLY

Eastern Bank lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 35.6% during the second quarter, HoldingsChannel reports. The firm owned 267,358 shares of the specialty retailer’s stock after selling 147,589 shares during the quarter. Eastern Bank’s holdings in O’Reilly Automotive were worth $24,621,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in O’Reilly Automotive by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 79,730,143 shares of the specialty retailer’s stock worth $7,272,186,000 after buying an additional 458,613 shares during the last quarter. State Street Corp lifted its stake in O’Reilly Automotive by 0.4% in the fourth quarter. State Street Corp now owns 37,206,098 shares of the specialty retailer’s stock valued at $3,393,568,000 after acquiring an additional 140,387 shares during the last quarter. Geode Capital Management LLC grew its position in shares of O’Reilly Automotive by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 24,140,497 shares of the specialty retailer’s stock valued at $2,201,555,000 after acquiring an additional 372,896 shares during the period. Wellington Management Group LLP grew its position in shares of O’Reilly Automotive by 25.1% in the 4th quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer’s stock valued at $1,345,829,000 after acquiring an additional 2,964,945 shares during the period. Finally, Norges Bank acquired a new position in shares of O’Reilly Automotive during the 4th quarter worth about $1,134,311,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Up 0.5%

Shares of NASDAQ:ORLY opened at $89.76 on Tuesday. O’Reilly Automotive, Inc. has a 12-month low of $82.59 and a 12-month high of $108.71. The stock has a market cap of $74.39 billion, a PE ratio of 28.59, a P/E/G ratio of 1.96 and a beta of 0.51. The business has a 50 day moving average of $88.14 and a 200-day moving average of $91.62.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.86. O’Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The company had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same quarter last year, the company earned $0.78 earnings per share. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Equities research analysts expect that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ORLY shares. Robert W. Baird set a $100.00 target price on shares of O’Reilly Automotive in a report on Friday. Citigroup reiterated a “buy” rating and set a $106.00 price target (up from $104.00) on shares of O’Reilly Automotive in a report on Monday. Morgan Stanley lowered their price target on O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. UBS Group restated a “buy” rating on shares of O’Reilly Automotive in a research note on Friday. Finally, Roth Capital reaffirmed a “buy” rating and issued a $111.00 price objective on shares of O’Reilly Automotive in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $107.94.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Philip M. Hopper sold 3,700 shares of O’Reilly Automotive stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $94.60, for a total transaction of $350,020.00. Following the completion of the transaction, the senior vice president owned 4,888 shares in the company, valued at approximately $462,404.80. The trade was a 43.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brad W. Beckham sold 13,635 shares of O’Reilly Automotive stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $95.00, for a total value of $1,295,325.00. Following the completion of the sale, the chief executive officer directly owned 12,250 shares of the company’s stock, valued at approximately $1,163,750. This trade represents a 52.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 105,730 shares of company stock valued at $9,815,388. 0.77% of the stock is owned by corporate insiders.

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.