Acropolis Investment Management LLC Has $2.08 Million Stake in O'Reilly Automotive, Inc. $ORLY

Key Points

• Acropolis Investment Management LLC increased its stake in O'Reilly Automotive by 1,377.7%, now owning 23,052 shares worth approximately $2.08 million.
• Research firms have raised their price targets on O'Reilly Automotive, with a consensus rating of Buy and an average price target of $107.17.
• Insider selling has occurred recently, with SVP Shari Lynne Reaves selling 2,000 shares and Director Maria Sastre selling 595 shares, indicating a reduced ownership by both individuals.

Acropolis Investment Management LLC lifted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,377.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,052 shares of the specialty retailer's stock after purchasing an additional 21,492 shares during the quarter. Acropolis Investment Management LLC's holdings in O'Reilly Automotive were worth $2,078,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ORLY. HWG Holdings LP acquired a new stake in O'Reilly Automotive during the 1st quarter worth approximately $26,000. Bank of Jackson Hole Trust bought a new stake in shares of O'Reilly Automotive during the first quarter worth $25,000. HighMark Wealth Management LLC increased its position in shares of O'Reilly Automotive by 185.7% during the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after acquiring an additional 13 shares in the last quarter. Elequin Capital LP acquired a new stake in shares of O'Reilly Automotive during the first quarter worth $30,000. Finally, Saudi Central Bank bought a new stake in O'Reilly Automotive in the 1st quarter valued at $33,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ORLY. BMO Capital Markets increased their target price on O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Wells Fargo & Company upped their price target on O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Royal Bank Of Canada raised their price target on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Truist Financial increased their target price on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Finally, Evercore ISI raised their target price on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research report on Tuesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $107.17.

Insider Buying and Selling

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the company's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction 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 $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Maria Sastre sold 595 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the transaction, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 in the last ninety days. 1.01% of the stock is owned by company insiders.

O'Reilly Automotive Stock Up 0.2%

NASDAQ ORLY opened at $103.93 on Monday. The firm has a 50-day moving average price of $101.37 and a two-hundred day moving average price of $94.60. O'Reilly Automotive, Inc. has a 12-month low of $73.33 and a 12-month high of $108.42. The company has a market capitalization of $88.18 billion, a P/E ratio of 37.15, a P/E/G ratio of 2.74 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. The business 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 period in the previous year, the company posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

O'Reilly Automotive Company 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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