Ariston Services Group Has $384,000 Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• Ariston Services Group increased its position in O'Reilly Automotive by 1,400.0% during the second quarter, holding 4,260 shares valued at approximately $384,000.
• Various hedge funds have also made significant changes to their positions in O'Reilly Automotive, with institutional investors now owning 85.00% of the stock.
• Analysts have raised O'Reilly Automotive's target prices, with Royal Bank Of Canada setting a new price target of $104.00 and several firms assigning "buy" ratings, indicating strong market optimism.

Ariston Services Group raised its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,260 shares of the specialty retailer's stock after buying an additional 3,976 shares during the quarter. Ariston Services Group's holdings in O'Reilly Automotive were worth $384,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank of Jackson Hole Trust bought a new stake in O'Reilly Automotive in the first quarter valued at about $25,000. HWG Holdings LP acquired a new stake in O'Reilly Automotive during the first quarter valued at approximately $26,000. Oakworth Capital Inc. boosted its holdings in O'Reilly Automotive by 1,257.1% during the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock valued at $26,000 after purchasing an additional 264 shares in the last quarter. HighMark Wealth Management LLC grew its stake in shares of O'Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer's stock valued at $27,000 after purchasing an additional 280 shares during the period. Finally, ORG Partners LLC raised its holdings in shares of O'Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock worth $28,000 after buying an additional 277 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on ORLY. Royal Bank Of Canada raised their target price on O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Wells Fargo & Company set a $115.00 price objective on O'Reilly Automotive and gave the stock an "overweight" rating in a research note on Wednesday. Truist Financial lifted their price objective on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a report on Friday, July 25th. TD Cowen upped their target price on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a report on Monday, September 15th. Finally, UBS Group reiterated a "buy" rating and set a $120.00 target price (up previously from $115.00) on shares of O'Reilly Automotive in a research report on Wednesday. One equities research analyst has 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 MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $109.12.

Insider Activity at O'Reilly Automotive

In other news, SVP Carl David Wilbanks sold 88,485 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the transaction, the senior vice president directly owned 10,305 shares in the company, valued at approximately $1,056,674.70. This represents a 89.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Maria Sastre sold 595 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the sale, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 125,635 shares of company stock valued at $12,740,916. Insiders own 1.01% of the company's stock.

O'Reilly Automotive Stock Performance

O'Reilly Automotive stock opened at $101.60 on Friday. The business's fifty day moving average is $103.82 and its two-hundred day moving average is $96.34. The firm has a market cap of $86.21 billion, a P/E ratio of 36.32, a P/E/G ratio of 2.67 and a beta of 0.60. O'Reilly Automotive, Inc. has a 52 week low of $76.22 and a 52 week high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share 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 company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same period last year, the company posted $10.55 earnings per share. The firm's quarterly revenue was up 5.9% compared to the same quarter last year. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, equities research analysts predict 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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