Bleakley Financial Group LLC bought a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 20,295 shares of the specialty retailer's stock, valued at approximately $1,829,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of Jackson Hole Trust bought a new position in shares of O'Reilly Automotive in the 1st quarter worth about $25,000. Oakworth Capital Inc. raised its position in shares of 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 acquiring an additional 264 shares in the last quarter. HighMark Wealth Management LLC raised its position 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 worth $27,000 after acquiring an additional 280 shares in the last quarter. ORG Partners LLC raised its position 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 acquiring an additional 277 shares in the last quarter. Finally, Elequin Capital LP bought a new position in shares of O'Reilly Automotive in the 1st quarter worth about $30,000. 85.00% of the stock is owned by institutional investors and hedge funds.
O'Reilly Automotive Price Performance
Shares of O'Reilly Automotive stock opened at $97.27 on Friday. O'Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The firm has a market capitalization of $82.53 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 2.60 and a beta of 0.60. The business has a 50-day simple moving average of $103.58 and a 200 day simple moving average of $96.61.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.02. The business had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. O'Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The firm's revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company posted $11.41 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the company. Guggenheim lifted their price objective on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Citigroup lifted their price objective on O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. UBS Group reissued a "buy" rating and issued a $120.00 price objective (up from $115.00) on shares of O'Reilly Automotive in a research report on Wednesday, October 15th. TD Cowen lifted their price objective on O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a research report on Monday, September 15th. Finally, Royal Bank Of Canada set a $110.00 target price on O'Reilly Automotive and gave the company an "outperform" rating in a research report on Friday. Eighteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, O'Reilly Automotive has a consensus rating of "Moderate Buy" and an average target price of $112.00.
Read Our Latest Research Report on O'Reilly Automotive
Insider Buying and Selling
In other O'Reilly Automotive news, Director Maria Sastre sold 595 shares of the business's stock in a transaction that occurred 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 of the company's stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the business's stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the sale, the senior vice president directly owned 12,826 shares of the company's stock, valued at $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 125,635 shares of company stock valued at $12,740,916. Company insiders own 1.01% of the company's stock.
About O'Reilly Automotive
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Free Report)
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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