Accelerate Investment Advisors LLC boosted its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,454.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,829 shares of the specialty retailer's stock after buying an additional 2,647 shares during the quarter. Accelerate Investment Advisors LLC's holdings in O'Reilly Automotive were worth $255,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of ORLY. Bank of Jackson Hole Trust purchased a new stake in O'Reilly Automotive in the 1st quarter valued at $25,000. HWG Holdings LP purchased a new stake in O'Reilly Automotive in the 1st quarter valued at $26,000. HighMark Wealth Management LLC raised its position 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 valued at $29,000 after buying an additional 13 shares during the last quarter. Elequin Capital LP purchased a new stake in O'Reilly Automotive in the 1st quarter valued at $30,000. Finally, Saudi Central Bank purchased a new stake in O'Reilly Automotive in the 1st quarter valued at $33,000. 85.00% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at O'Reilly Automotive
In related news, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the sale, the senior vice president owned 12,826 shares of the company's stock, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Mark Joseph Merz sold 5,050 shares of O'Reilly Automotive stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares of the company's stock, valued at approximately $284,925.32. This trade represents a 63.71% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 125,635 shares of company stock worth $12,740,916. Insiders own 1.01% of the company's stock.
O'Reilly Automotive Stock Performance
Shares of ORLY opened at $107.50 on Friday. The business has a 50-day moving average of $100.11 and a 200 day moving average of $94.07. O'Reilly Automotive, Inc. has a fifty-two week low of $73.33 and a fifty-two week high of $108.42. The firm has a market cap of $91.21 billion, a P/E ratio of 38.43, a price-to-earnings-growth ratio of 2.85 and a beta of 0.60.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, hitting the consensus estimate of $0.78. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same quarter last year, the firm posted $10.55 EPS. The firm's revenue for the quarter was up 5.9% on a year-over-year basis. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, research analysts predict that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. Royal Bank Of Canada increased their price target on O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. DA Davidson raised their target price on O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Barclays reaffirmed an "equal weight" rating and set a $86.00 target price on shares of O'Reilly Automotive in a research report on Friday, July 25th. BMO Capital Markets raised their target price on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. raised their target price on O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, O'Reilly Automotive presently has an average rating of "Buy" and a consensus price target of $104.40.
View Our Latest Analysis on O'Reilly Automotive
About O'Reilly Automotive
(
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.
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