William Blair Investment Management 13F: Cuts ORLY Stake by $70M

William Blair Investment Management recently reduced its holdings in O'Reilly Automotive, Inc. (NasdaqGS: ORLY). The firm cut its position by 771,473 shares, which is a 25.9% decrease, leaving it with 2,210,034 shares valued at about $199.2 million. This adjustment was detailed in their latest 13F filing with the SEC, reflecting holdings as of the end of the reporting period.

What Changed in William Blair's O'Reilly Automotive Position

William Blair Investment Management reduced its stake in O'Reilly Automotive by 771,473 shares, dropping from 2,981,507 shares to 2,210,034 shares. This represents a 25.9% decrease in their holdings, now valued at approximately $199.2 million. The move signifies a strategic reduction in their investment.

Other Institutional Activity in O'Reilly Automotive

Several other institutional investors also made adjustments to their O'Reilly Automotive positions. BlackRock, Inc. increased its holdings by 1,399,067 shares, bringing its total to 65,207,976 shares valued at about $6.02 billion. Vanguard Capital Management LLC maintained its position with 54,742,060 shares worth approximately $5.05 billion. State Street Corp reduced its stake by 485,812 shares, ending with 36,720,286 shares valued at $3.39 billion. Geode Capital Management, LLC added 441,288 shares to hold a total of 24,581,785 shares, valued at $2.27 billion. Meanwhile, FMR LLC trimmed its holdings by 3,216,619 shares, leaving it with 18,380,122 shares worth around $1.70 billion.

O'Reilly Automotive, Inc. Stock Up 1.9%

Shares of O'Reilly Automotive traded near $90.16. The company boasts a market cap of $75.43 billion and has a P/E ratio of 29.65 with a forward P/E of 25.16. The stock's beta is 0.523, indicating lower volatility compared to the market. Over the past year, the stock has ranged between $85.35 and $108.72. It has a 50-day moving average of $91.77 and a 200-day moving average of $95.94. The company's current ratio is 0.755, with a quick ratio of 0.092.

Recent Earnings

O'Reilly Automotive reported revenues of $18.21 billion, reflecting a growth rate of 10.2%. The company achieved a net margin of 14.3% and an EPS of $3.07. The next earnings report is expected on April 29, 2026.

Insider Buying and Selling at O'Reilly Automotive, Inc.

Several insiders have been active in trading O'Reilly Automotive shares. On May 29, 2026, Thomas Hendrickson sold 1,200 shares at an average price of $88.32. Robert Allen Dumas, SVP of Eastern Store Ops/Sales, executed multiple transactions on May 20, 2026, including a sale of 84,600 shares at $92.60 and a purchase of 84,600 shares at $17.88. John Raymond Murphy sold 2,595 shares on May 18, 2026, at $88.67. Fred Alan Whitfield bought 2,035 shares on May 15, 2026, at $88.49.

Analysts Set New Price Targets

Analysts have maintained a positive outlook on O'Reilly Automotive. On May 8, 2026, Mizuho maintained a 'buy' rating with a price target of $110. UBS, DA Davidson, Citigroup, TD Cowen, and Evercore ISI Group also maintained their 'buy' ratings with price targets ranging from $110 to $120. The consensus among 24 analysts is a 'buy' recommendation with a mean target price of $110.21.

About O'Reilly Automotive

O'Reilly Automotive, Inc. is a major retailer and supplier of automotive aftermarket parts, tools, and accessories. Founded in 1957, the company is headquartered in Springfield, Missouri, and operates across the United States, Puerto Rico, Mexico, and Canada. Under the leadership of CEO Brad W. Beckham, O'Reilly Automotive provides a wide range of products for both do-it-yourself customers and professional service providers. The company employs approximately 93,973 people.

Bottom Line

William Blair's decision to cut its stake in O'Reilly Automotive by nearly 26% reflects a significant portfolio adjustment. Investors often track such moves for insights into institutional strategies. However, it's important to note that 13F filings are backward-looking and may not represent current positions. O'Reilly Automotive continues to attract attention from both analysts and insiders, maintaining strong market interest.