Meeder Asset Management Inc. Invests $1.11 Million in O’Reilly Automotive, Inc. $ORLY

Meeder Asset Management Inc. acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,099 shares of the specialty retailer’s stock, valued at approximately $1,114,000.

A number of other institutional investors have also modified their holdings of the stock. Tucker Asset Management LLC purchased a new stake in shares of O’Reilly Automotive in the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC purchased a new stake in shares of O’Reilly Automotive in the 4th quarter worth $27,000. Kelleher Financial Advisors bought a new position in shares of O’Reilly Automotive during the 2nd quarter worth $28,000. Whipplewood Advisors LLC grew its position in shares of O’Reilly Automotive by 1,552.6% during the 1st quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock worth $29,000 after buying an additional 295 shares in the last quarter. Finally, Bell Investment Advisors Inc purchased a new position in shares of O’Reilly Automotive during the second quarter valued at $29,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Up 0.6%

Shares of O’Reilly Automotive stock opened at $90.76 on Wednesday. O’Reilly Automotive, Inc. has a 52-week low of $82.59 and a 52-week high of $108.71. The firm’s 50 day moving average price is $88.96 and its 200-day moving average price is $91.20. The company has a market cap of $73.42 billion, a P/E ratio of 28.90, a PEG ratio of 1.99 and a beta of 0.51.

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, meeting the consensus estimate of $0.86. The company had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. O’Reilly Automotive’s revenue was up 8.1% compared to the same quarter last year. During the same period last year, the firm earned $0.78 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. As a group, equities research analysts forecast that O’Reilly Automotive, Inc. will post 3.27 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Thomas Hendrickson sold 1,200 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was 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 in the company, valued at approximately $1,737,696. The trade was a 5.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Christopher Andrew Mancini sold 3,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total transaction of $279,000.00. Following the transaction, the senior vice president owned 189 shares in the company, valued at approximately $17,577. This trade represents a 94.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 6,200 shares of company stock worth $568,684 in the last ninety days. 0.77% of the stock is owned by insiders.

Analyst Ratings Changes

ORLY has been the subject of a number of research reports. Roth Capital reaffirmed a “buy” rating and issued a $111.00 price objective on shares of O’Reilly Automotive in a research note on Friday, July 31st. TD Cowen cut their target price on shares of O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Citigroup restated a “buy” rating and issued a $106.00 price target (up from $104.00) on shares of O’Reilly Automotive in a report on Monday, August 3rd. Robert W. Baird set a $100.00 price objective on shares of O’Reilly Automotive in a research note on Friday, July 31st. Finally, Evercore reissued an “outperform” rating and set a $115.00 price objective on shares of O’Reilly Automotive in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.24.

About O’Reilly Automotive

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.