Annex Advisory Services LLC Acquires 526,608 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Annex Advisory Services LLC increased its stake in O'Reilly Automotive, Inc. by an impressive 1,368.8%, owning 565,079 shares valued at approximately $50.93 million.
• The stock has shown strong performance with a market cap of $88.18 billion and a P/E ratio of 37.15, while having a one-year price range between $73.33 and $108.42.
• O'Reilly Automotive's most recent earnings report indicated a net margin of 14.15% and revenue of $4.53 billion, with an EPS of $0.78 meeting analyst estimates.

Annex Advisory Services LLC lifted its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,368.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 565,079 shares of the specialty retailer's stock after buying an additional 526,608 shares during the quarter. O'Reilly Automotive accounts for 1.2% of Annex Advisory Services LLC's portfolio, making the stock its 25th biggest holding. Annex Advisory Services LLC owned 0.07% of O'Reilly Automotive worth $50,931,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Bank Pictet & Cie Europe AG raised its holdings in O'Reilly Automotive by 3.5% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer's stock worth $41,848,000 after purchasing an additional 1,208 shares during the last quarter. Two Sigma Advisers LP acquired a new stake in O'Reilly Automotive during the fourth quarter worth about $1,660,000. Woodline Partners LP acquired a new stake in O'Reilly Automotive during the fourth quarter worth about $4,111,000. Vise Technologies Inc. increased its stake in O'Reilly Automotive by 83.2% during the fourth quarter. Vise Technologies Inc. now owns 720 shares of the specialty retailer's stock worth $854,000 after acquiring an additional 327 shares during the last quarter. Finally, GTS Securities LLC grew its stake in shares of O'Reilly Automotive by 128.0% in the fourth quarter. GTS Securities LLC now owns 1,847 shares of the specialty retailer's stock valued at $2,190,000 after buying an additional 8,455 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O'Reilly Automotive Trading Down 0.2%

NASDAQ ORLY traded down $0.20 on Tuesday, reaching $103.26. The stock had a trading volume of 3,045,838 shares, compared to its average volume of 5,500,029. The business has a 50 day moving average price of $101.58 and a 200 day moving average price of $94.71. O'Reilly Automotive, Inc. has a 1 year low of $73.33 and a 1 year high of $108.42. The company has a market capitalization of $87.61 billion, a price-to-earnings ratio of 36.93, 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 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 negative return on equity of 181.53% and a net margin of 14.15%.The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. The business's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter 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. On average, analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Mark Joseph Merz sold 29,505 shares of the firm's stock in a transaction that occurred on 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 transaction, the senior vice president directly owned 4,234 shares of the company's stock, valued at approximately $415,990.50. This trade represents a 87.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president directly owned 12,826 shares in the company, valued at $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock valued at $12,740,916 over the last 90 days. 1.01% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

ORLY has been the subject of a number of analyst reports. TD Cowen increased their price target on O'Reilly Automotive from $112.00 to $125.00 and gave the company a "buy" rating in a report on Monday, September 15th. Argus began coverage on O'Reilly Automotive in a report on Wednesday, August 13th. They set a "buy" rating and a $120.00 target price on the stock. Evercore ISI increased their target price on O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a report on Tuesday, August 12th. Cowen reaffirmed a "buy" rating on shares of O'Reilly Automotive in a report on Monday, September 15th. Finally, Barclays reaffirmed an "equal weight" rating and set a $86.00 target price on shares of O'Reilly Automotive in a report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, O'Reilly Automotive presently has an average rating of "Buy" and a consensus target price of $107.17.

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.