Boston Trust Walden Corp Acquires 115,024 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Boston Trust Walden Corp significantly increased its stake in O'Reilly Automotive by acquiring 115,024 shares during Q2, growing its holdings by 1,400% to a total of 123,240 shares valued at approximately $11.1 million.
• Several other institutional investors also increased their positions in O'Reilly Automotive, with TD Asset Management raising its holdings by 1,214%, owning over 2.1 million shares worth about $194.5 million.
• O'Reilly Automotive's stock has drawn positive attention from analysts, with recent price target upgrades reflecting a consensus rating of "Moderate Buy" and an average price target of $107.17.

Boston Trust Walden Corp grew its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 123,240 shares of the specialty retailer's stock after acquiring an additional 115,024 shares during the period. Boston Trust Walden Corp's holdings in O'Reilly Automotive were worth $11,108,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. TD Asset Management Inc boosted its holdings in shares of O'Reilly Automotive by 1,214.0% during the 2nd quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer's stock worth $194,567,000 after buying an additional 1,994,449 shares during the period. Frazier Financial Advisors LLC boosted its holdings in shares of O'Reilly Automotive by 1,406.9% during the 2nd quarter. Frazier Financial Advisors LLC now owns 437 shares of the specialty retailer's stock worth $39,000 after buying an additional 408 shares during the period. IFC Advisors LLC boosted its holdings in shares of O'Reilly Automotive by 1,351.5% during the 2nd quarter. IFC Advisors LLC now owns 5,472 shares of the specialty retailer's stock worth $493,000 after buying an additional 5,095 shares during the period. Wilmington Savings Fund Society FSB boosted its holdings in shares of O'Reilly Automotive by 1,547.2% during the 2nd quarter. Wilmington Savings Fund Society FSB now owns 9,290 shares of the specialty retailer's stock worth $837,000 after buying an additional 8,726 shares during the period. Finally, Morningstar Investment Management LLC bought a new stake in shares of O'Reilly Automotive during the 2nd quarter worth $1,129,000. 85.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ORLY has been the subject of several recent analyst reports. DA Davidson upped their price objective on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of O'Reilly Automotive in a report on Wednesday, October 8th. Royal Bank Of Canada upped their price objective on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Evercore ISI increased their price target on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a report on Tuesday, August 12th. Finally, Guggenheim increased their price target on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, O'Reilly Automotive currently has a consensus rating of "Moderate Buy" and an average price target of $107.17.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock opened at $103.05 on Wednesday. O'Reilly Automotive, Inc. has a fifty-two week low of $76.22 and a fifty-two week high of $108.71. The firm has a fifty day moving average price of $103.95 and a two-hundred day moving average price of $96.22. The company has a market cap of $87.44 billion, a PE ratio of 36.84, a price-to-earnings-growth ratio of 2.72 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) 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 company had revenue of $4.53 billion during the quarter, compared to analysts' expectations of $4.54 billion. During the same quarter in the prior year, the company posted $10.55 EPS. 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. Analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Buying and Selling at O'Reilly Automotive

In other news, Director Maria Sastre sold 595 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the transaction, the director owned 15,935 shares in the company, valued at approximately $1,630,309.85. This represents a 3.60% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction 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 completion of the transaction, the senior vice president owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. This represents a 89.57% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 125,635 shares of company stock worth $12,740,916. Corporate insiders own 1.01% of the company's stock.

O'Reilly Automotive Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.