Ballentine Partners LLC Has $2.30 Million Stake in O'Reilly Automotive, Inc. $ORLY

Key Points

• Ballentine Partners LLC significantly increased its investment in O'Reilly Automotive, Inc. by over 1,400% during Q2, amassing a stake worth approximately $2.30 million.
• O'Reilly Automotive reported earnings per share of $0.78 for the last quarter, matching analysts' expectations, and set FY 2025 EPS guidance between 2.850-2.950.
• Analysts have largely rated O'Reilly Automotive as a "buy," with target prices ranging from $86.00 to $125.00, highlighting investor confidence despite recent insider selling.

Ballentine Partners LLC lifted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,411.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,558 shares of the specialty retailer's stock after buying an additional 23,867 shares during the quarter. Ballentine Partners LLC's holdings in O'Reilly Automotive were worth $2,304,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Bank of Jackson Hole Trust acquired a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $25,000. HWG Holdings LP acquired a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $26,000. HighMark Wealth Management LLC grew its position in shares of O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after buying an additional 13 shares during the period. Elequin Capital LP acquired a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $30,000. Finally, Saudi Central Bank acquired a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $33,000. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Stock Performance

Shares of ORLY opened at $103.47 on Thursday. O'Reilly Automotive, Inc. has a twelve month low of $75.32 and a twelve month high of $108.42. The firm's 50 day moving average price is $102.07 and its two-hundred day moving average price is $94.83. The firm has a market cap of $87.79 billion, a P/E ratio of 36.99, a PEG ratio of 2.74 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly 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 net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. During the same quarter in the previous year, the firm posted $10.55 earnings per share. The business's 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. On average, sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ORLY has been the subject of several analyst reports. Argus assumed coverage on shares of O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price target for the company. DA Davidson boosted their price objective on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a report on Friday, July 25th. TD Cowen boosted their price objective on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the company a "buy" rating in a report on Monday, September 15th. Cowen restated a "buy" rating on shares of O'Reilly Automotive in a report on Monday, September 15th. Finally, Barclays restated an "equal weight" rating and set a $86.00 price objective on shares of O'Reilly Automotive in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, O'Reilly Automotive currently has an average rating of "Buy" and a consensus price target of $107.17.

Insider Buying and Selling at O'Reilly Automotive

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the business's stock in a transaction 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 sale, the senior vice president owned 12,826 shares of the company's stock, valued at $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Maria Sastre sold 595 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the sale, 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 position. The disclosure for this sale can be found here. In the last three months, insiders sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company's stock.

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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