O'Reilly Automotive (ORLY), a leading auto parts company, has experienced mixed responses in the recent past. The shares of the company have been
acquired and
sold by numerous asset management firms. For example, CIBC Asset Management Inc increased their holdings, while Natixis Advisors LLC decreased their holdings. Despite lagging in Q3 earnings and revenue estimates, it displayed
rising relative strength, although it underperformed when compared to its competitors. O'Reilly Automotive's EV Chairman sold $6.15 million in stock, reflecting mixed feelings about the company's financial performance. However, the company had consistently
outperformed its competitors during strong trading days. The trend of buying and selling of the company shares was observed by other asset management, advisory, and wealth management firms. Despite reducing its full-year outlook due to softening auto parts demand, several financial publications still consider O'Reilly Automotive as a
strong growth and value stock. The company showed strong store expansion in the Q3 2024 earnings call. However, the
Q3 results fell short of estimates, and the company’s stock price fell, despite expectations of positive earnings.
O'reilly Automotive ORLY News Analytics from Sat, 02 Mar 2024 08:00:00 GMT to Sat, 16 Nov 2024 15:03:41 GMT -
Rating 3
- Innovation 1
- Information 7
- Rumor -7
