Ameriprise Financial Inc. Sells 77,219 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Ameriprise Financial Inc. has reduced its holdings in O'Reilly Automotive by 26.5%, selling 77,219 shares during the first quarter, bringing its total shares owned to 213,759.
• O'Reilly Automotive reported a net margin of 14.15% and $4.53 billion in revenue for the quarter, meeting analysts' estimates for earnings per share at $0.78.
• Analysts have positive outlooks for O'Reilly Automotive, with two Strong Buy ratings and an average price target of $104.40 for the stock.

Ameriprise Financial Inc. cut its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 26.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,759 shares of the specialty retailer's stock after selling 77,219 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.37% of O'Reilly Automotive worth $306,241,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ORLY. Bank Pictet & Cie Europe AG lifted its position in O'Reilly Automotive by 3.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer's stock worth $41,848,000 after buying an additional 1,208 shares in the last quarter. XTX Topco Ltd bought a new stake in O'Reilly Automotive during the 4th quarter worth about $243,000. Dark Forest Capital Management LP lifted its position in O'Reilly Automotive by 19.9% during the 4th quarter. Dark Forest Capital Management LP now owns 350 shares of the specialty retailer's stock worth $415,000 after buying an additional 58 shares in the last quarter. MGO One Seven LLC lifted its position in O'Reilly Automotive by 68.2% during the 4th quarter. MGO One Seven LLC now owns 858 shares of the specialty retailer's stock worth $1,017,000 after buying an additional 348 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted its position in O'Reilly Automotive by 8.0% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 13,907 shares of the specialty retailer's stock worth $16,491,000 after buying an additional 1,030 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

O'Reilly Automotive Stock Performance

Shares of ORLY opened at $102.31 on Friday. O'Reilly Automotive, Inc. has a 52 week low of $73.11 and a 52 week high of $104.86. The firm has a market cap of $86.81 billion, a P/E ratio of 36.57, a price-to-earnings-growth ratio of 2.72 and a beta of 0.56. The firm's 50-day simple moving average is $95.50 and its 200 day simple moving average is $92.30.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting analysts' consensus estimates of $0.78. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. During the same quarter in the prior year, the business earned $10.55 EPS. O'Reilly Automotive's quarterly revenue 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, equities analysts forecast that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Wall Street Analyst Weigh In

ORLY has been the topic of several analyst reports. JPMorgan Chase & Co. boosted their price target on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. 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. Citigroup boosted their price objective on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Argus started coverage on shares of O'Reilly Automotive in a research note on Wednesday, August 13th. They set a "buy" rating and a $120.00 price objective on the stock. Finally, Royal Bank Of Canada boosted their price objective 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. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $104.40.

Insiders Place Their Bets

In related news, SVP Carl David Wilbanks sold 88,485 shares of the company's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares in the company, valued at approximately $1,056,674.70. This represents a 89.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maria Sastre sold 595 shares of the company'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 owned 15,935 shares in the company, valued at approximately $1,630,309.85. This trade represents a 3.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 155,920 shares of company stock worth $15,487,502 in the last 90 days. Corporate insiders own 1.01% of the company's stock.

About O'Reilly Automotive

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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