42,413 Shares in O'Reilly Automotive, Inc. $ORLY Purchased by CHB Investment Group LLC

Key Points

• CHB Investment Group LLC acquired 42,413 shares of O'Reilly Automotive, valued at approximately $3.8 million, which constitutes 1.9% of its portfolio.
• Multiple institutional investors, including Vanguard Group and Wellington Management, have increased their stakes in O'Reilly Automotive, highlighting significant interest in the specialty retailer.
• The company has seen various analysts maintain a predominantly positive outlook, with an average rating of "Buy" and a consensus price target of $107.17.

CHB Investment Group LLC purchased a new position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 42,413 shares of the specialty retailer's stock, valued at approximately $3,823,000. O'Reilly Automotive makes up 1.9% of CHB Investment Group LLC's portfolio, making the stock its 11th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its stake in O'Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock valued at $7,504,421,000 after purchasing an additional 75,125 shares in the last quarter. Wellington Management Group LLP increased its stake in O'Reilly Automotive by 20.8% during the 1st quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer's stock valued at $2,757,148,000 after purchasing an additional 330,964 shares in the last quarter. GAMMA Investing LLC increased its stake in O'Reilly Automotive by 175,115.6% during the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after purchasing an additional 1,821,202 shares in the last quarter. Farther Finance Advisors LLC increased its stake in O'Reilly Automotive by 1,403.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer's stock valued at $69,031,000 after purchasing an additional 714,953 shares in the last quarter. Finally, Amundi increased its stake in O'Reilly Automotive by 4.7% during the 1st quarter. Amundi now owns 734,322 shares of the specialty retailer's stock valued at $1,058,345,000 after purchasing an additional 32,917 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insider Transactions at O'Reilly Automotive

In other news, SVP Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total value of $2,898,866.25. Following the completion of the transaction, the senior vice president owned 4,234 shares in the company, valued at approximately $415,990.50. This trade represents a 87.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Maria Sastre sold 595 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the sale, the director owned 15,935 shares of the company's stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is owned by insiders.

Analyst Ratings Changes

ORLY has been the subject of a number of analyst reports. Barclays restated an "equal weight" rating and set a $86.00 price objective on shares of O'Reilly Automotive in a research note on Friday, July 25th. Guggenheim raised their price objective on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Argus assumed coverage on shares of O'Reilly Automotive in a research note on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price target for the company. Wolfe Research assumed coverage on shares of O'Reilly Automotive in a research note on Thursday, September 18th. They issued an "outperform" rating and a $121.00 price target for the company. Finally, Evercore ISI lifted their price target on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of $107.17.

O'Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $103.73 on Wednesday. The business's 50 day moving average price is $101.83 and its 200-day moving average price is $94.77. The firm has a market capitalization of $88.01 billion, a price-to-earnings ratio of 37.08, a price-to-earnings-growth ratio of 2.73 and a beta of 0.60. O'Reilly Automotive, Inc. has a 1 year low of $73.33 and a 1 year high of $108.42.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.78. The business had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The company's revenue for the quarter was up 5.9% on a year-over-year basis. During the same period last year, the company earned $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

O'Reilly Automotive Profile

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.

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