Asset Management One Co. Ltd. Boosts Stake in O'Reilly Automotive, Inc. $ORLY

Key Points

• Asset Management One Co. Ltd. significantly increased its stake in O'Reilly Automotive by 1,420.9%, acquiring a total of 387,458 shares, valued at approximately $34.9 million.
• O'Reilly Automotive reported an earnings per share (EPS) of $0.85 for the most recent quarter, surpassing the analyst consensus estimate of $0.83, with revenue growth of 7.8% year-over-year.
• Analysts have generally maintained a positive outlook on the stock, with 18 out of 20 analysts rating it as a "Buy" and setting a consensus price target of $112.00.

Asset Management One Co. Ltd. increased its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,420.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 387,458 shares of the specialty retailer's stock after buying an additional 361,982 shares during the period. Asset Management One Co. Ltd.'s holdings in O'Reilly Automotive were worth $34,922,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ORLY. Bank of Jackson Hole Trust bought a new position in O'Reilly Automotive in the 1st quarter worth $25,000. Oakworth Capital Inc. boosted its holdings in O'Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock worth $26,000 after buying an additional 264 shares during the period. HighMark Wealth Management LLC boosted its holdings in 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 worth $27,000 after buying an additional 280 shares during the period. ORG Partners LLC boosted its holdings in 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 during the period. Finally, Elequin Capital LP bought a new position in O'Reilly Automotive in the 1st quarter worth $30,000. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Down 1.0%

ORLY opened at $97.27 on Friday. The firm has a 50-day simple moving average of $103.58 and a two-hundred day simple moving average of $96.61. O'Reilly Automotive, Inc. has a 52 week low of $76.22 and a 52 week high of $108.71. The company has a market capitalization of $82.53 billion, a PE ratio of 33.70, a price-to-earnings-growth ratio of 2.60 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating the consensus estimate of $0.83 by $0.02. The business had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. O'Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The business's revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $11.41 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ORLY. 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. BMO Capital Markets upped their target price on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Mizuho set a $112.00 target price on shares of O'Reilly Automotive in a report on Monday. Barclays reissued an "equal weight" rating and set a $86.00 price objective on shares of O'Reilly Automotive in a report on Friday, July 25th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of O'Reilly Automotive in a report on Wednesday, October 8th. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $112.00.

Insider Buying and Selling at O'Reilly Automotive

In other 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 sale, the senior vice president directly owned 12,826 shares in the company, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 sale, the director owned 15,935 shares in the company, valued at $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 have sold a total of 125,635 shares of company stock valued at $12,740,916 over the last quarter. 1.01% of the stock is owned by corporate insiders.

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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