Capital Investment Advisors LLC Buys 28,103 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Capital Investment Advisors LLC significantly increased its stake in O'Reilly Automotive, acquiring 28,103 shares for a total of 30,086 shares owned, valued at approximately $2.7 million.
• Investment firms are actively engaging with O'Reilly Automotive, with 85% of the stock now held by institutional investors, including major purchases from several hedge funds.
• Analysts have set new price targets for the stock, with UBS Group and TD Cowen both issuing "buy" ratings and price targets of $115.00 and $125.00, respectively, reflecting strong market confidence.

Capital Investment Advisors LLC lifted its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,417.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 30,086 shares of the specialty retailer's stock after acquiring an additional 28,103 shares during the period. Capital Investment Advisors LLC's holdings in O'Reilly Automotive were worth $2,712,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. HWG Holdings LP bought a new stake in shares of O'Reilly Automotive during the 1st quarter worth $26,000. Bank of Jackson Hole Trust bought a new stake in O'Reilly Automotive in the first quarter worth $25,000. HighMark Wealth Management LLC lifted its stake in O'Reilly Automotive by 185.7% in the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 13 shares during the last quarter. Elequin Capital LP bought a new stake in O'Reilly Automotive in the first quarter worth $30,000. Finally, Saudi Central Bank bought a new stake in O'Reilly Automotive in the first quarter worth $33,000. 85.00% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. UBS Group boosted their price target on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. TD Cowen boosted their price target on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a research note on Monday, September 15th. Argus assumed coverage on shares of O'Reilly Automotive in a research note on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price target for the company. Cowen reissued a "buy" rating on shares of O'Reilly Automotive in a research note on Monday, September 15th. Finally, Barclays restated an "equal weight" rating and issued a $86.00 price objective on shares of O'Reilly Automotive in a research report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $107.17.

O'Reilly Automotive Trading Up 0.2%

ORLY stock opened at $107.81 on Wednesday. The firm's 50-day moving average price is $103.12 and its two-hundred day moving average price is $95.40. O'Reilly Automotive, Inc. has a 12-month low of $75.93 and a 12-month high of $108.72. The stock has a market capitalization of $91.48 billion, a price-to-earnings ratio of 38.54, a PEG ratio of 2.84 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 (EPS) for the quarter, meeting the consensus estimate 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 for the quarter, compared to analysts' expectations of $4.54 billion. During the same quarter in the previous year, the company earned $10.55 earnings per share. O'Reilly Automotive's quarterly 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. Equities analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity at O'Reilly Automotive

In related news, SVP Carl David Wilbanks sold 88,485 shares of the business's stock in a transaction dated 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 owned 10,305 shares in the company, valued at $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Mark Joseph Merz sold 29,505 shares of the business's stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president owned 4,234 shares in the company, valued at $415,990.50. This represents a 87.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock worth $12,740,916 over the last ninety days. 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.

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