O’Reilly Automotive, Inc. $ORLY Shares Sold by Bank Pictet & Cie Europe AG

Bank Pictet & Cie Europe AG cut its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 6.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 534,033 shares of the specialty retailer’s stock after selling 35,036 shares during the quarter. O’Reilly Automotive comprises approximately 0.9% of Bank Pictet & Cie Europe AG’s investment portfolio, making the stock its 28th biggest holding. Bank Pictet & Cie Europe AG’s holdings in O’Reilly Automotive were worth $45,612,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. First National Bank of Mount Dora Trust Investment Services grew its holdings in O’Reilly Automotive by 26.8% during the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 58,297 shares of the specialty retailer’s stock worth $5,381,000 after acquiring an additional 12,316 shares during the period. Swiss National Bank raised its position in O’Reilly Automotive by 6.5% during the first quarter. Swiss National Bank now owns 2,477,200 shares of the specialty retailer’s stock valued at $228,670,000 after acquiring an additional 152,100 shares in the last quarter. Corient Private Wealth LP raised its position in O’Reilly Automotive by 46.0% during the second quarter. Corient Private Wealth LP now owns 1,077,091 shares of the specialty retailer’s stock valued at $99,189,000 after acquiring an additional 339,465 shares in the last quarter. Nykredit A S acquired a new position in O’Reilly Automotive in the second quarter valued at approximately $34,040,000. Finally, National Pension Service lifted its holdings in O’Reilly Automotive by 2.0% in the second quarter. National Pension Service now owns 2,279,184 shares of the specialty retailer’s stock valued at $209,890,000 after acquiring an additional 43,770 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

Insider Activity at O’Reilly Automotive

In related news, Director Maria Sastre sold 2,000 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total value of $183,700.00. Following the sale, the director owned 14,970 shares of the company’s stock, valued at approximately $1,374,994.50. This trade represents a 11.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas Hendrickson sold 1,000 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $87.83, for a total transaction of $87,830.00. Following the completion of the sale, the director directly owned 18,675 shares of the company’s stock, valued at approximately $1,640,225.25. The trade was a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 6,000 shares of company stock valued at $550,530. 0.77% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ORLY shares. Robert W. Baird set a $100.00 price objective on O’Reilly Automotive and gave the stock a “neutral” rating in a research report on Friday, July 31st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, August 3rd. UBS Group reaffirmed a “buy” rating on shares of O’Reilly Automotive in a report on Friday, July 31st. Weiss Ratings cut shares of O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, August 27th. Finally, Morgan Stanley decreased their target price on shares of O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Sixteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $107.32.

O’Reilly Automotive Trading Up 0.8%

ORLY traded up $0.73 during trading on Tuesday, hitting $89.80. The company’s stock had a trading volume of 1,216,878 shares, compared to its average volume of 6,414,855. O’Reilly Automotive, Inc. has a twelve month low of $82.59 and a twelve month high of $102.46. The business’s fifty day simple moving average is $87.37 and its 200 day simple moving average is $89.21. The firm has a market capitalization of $72.64 billion, a price-to-earnings ratio of 28.63, a P/E/G ratio of 2.21 and a beta of 0.54.

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 the consensus estimate of $0.86. The business had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. O’Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.78 EPS. 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 3.28 earnings per share for the current fiscal year.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves both do-it-yourself customers and professional service technicians, offering products used for vehicle maintenance, repair and customization. Its merchandise includes replacement parts, batteries, filters, lighting products, shop equipment, automotive chemicals and related accessories.

Founded in 1957 by the O’Reilly family, the company began as a single store in Springfield, Missouri.