Richardson Financial Services Inc. purchased a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 2,555 shares of the specialty retailer's stock, valued at approximately $231,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. HWG Holdings LP bought a new position in O'Reilly Automotive during the 1st quarter worth approximately $26,000. Bank of Jackson Hole Trust purchased a new stake in O'Reilly Automotive in the 1st quarter worth approximately $25,000. HighMark Wealth Management LLC lifted its holdings in O'Reilly Automotive by 185.7% in the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after buying an additional 13 shares during the period. Elequin Capital LP purchased a new stake in O'Reilly Automotive in the 1st quarter worth approximately $30,000. Finally, Saudi Central Bank purchased a new stake in O'Reilly Automotive in the 1st quarter worth approximately $33,000. 85.00% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the company. Argus assumed coverage on O'Reilly Automotive in a report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price objective for the company. Wells Fargo & Company increased their price objective on O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. TD Cowen increased their price objective on O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a report on Monday, September 15th. Wolfe Research assumed coverage on O'Reilly Automotive in a report on Thursday, September 18th. They issued an "outperform" rating and a $121.00 price objective for the company. Finally, Citigroup increased their price objective on O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $107.17.
Get Our Latest Report on ORLY
Insider Transactions at O'Reilly Automotive
In other O'Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares in the company, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total value of $2,898,866.25. Following the transaction, the senior vice president owned 4,234 shares of the company's stock, valued at $415,990.50. The trade was a 87.45% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is owned by company insiders.
O'Reilly Automotive Stock Up 2.4%
ORLY opened at $102.15 on Friday. The stock has a market cap of $86.67 billion, a PE ratio of 36.52, a PEG ratio of 2.64 and a beta of 0.60. The business has a 50 day moving average of $103.90 and a 200-day moving average of $96.07. O'Reilly Automotive, Inc. has a 52 week low of $76.22 and a 52 week high of $108.71.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting analysts' consensus estimates of $0.78. The company had revenue of $4.53 billion during the quarter, compared to analysts' expectations of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter last year, the business posted $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.
O'Reilly Automotive Profile
(
Free Report)
O'Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.
Featured Stories
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider O'Reilly Automotive, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and O'Reilly Automotive wasn't on the list.
While O'Reilly Automotive currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
