Cinctive Capital Management LP Has $11.67 Million Stock Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• Cinctive Capital Management LP increased its stake in O'Reilly Automotive by 42.0%, now holding approximately 8,146 shares valued at $11.67 million. This positions O'Reilly as the firm's 21st largest investment.
• Institutional investors collectively own 85.00% of O'Reilly Automotive's stock, with notable increases in holdings from firms like Vanguard Group and GAMMA Investing.
• Analysts have raised their price targets for O'Reilly Automotive, with the average target now at $104.40 and a consensus rating of "Buy" from the majority of analysts.

Cinctive Capital Management LP raised its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 42.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,146 shares of the specialty retailer's stock after purchasing an additional 2,409 shares during the period. O'Reilly Automotive accounts for 0.9% of Cinctive Capital Management LP's portfolio, making the stock its 21st largest holding. Cinctive Capital Management LP's holdings in O'Reilly Automotive were worth $11,670,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Carolinas Wealth Consulting LLC lifted its holdings in shares of O'Reilly Automotive by 14.3% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock worth $76,000 after buying an additional 8 shares during the last quarter. Marcum Wealth LLC raised its stake in O'Reilly Automotive by 4.0% during the 1st quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer's stock valued at $301,000 after purchasing an additional 8 shares during the last quarter. Adero Partners LLC boosted its holdings in O'Reilly Automotive by 1.9% in the 1st quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock valued at $609,000 after purchasing an additional 8 shares during the period. Avior Wealth Management LLC increased its holdings in shares of O'Reilly Automotive by 3.5% during the 1st quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock worth $342,000 after purchasing an additional 8 shares during the period. Finally, Lindbrook Capital LLC increased its holdings in shares of O'Reilly Automotive by 2.6% during the 1st quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock worth $448,000 after purchasing an additional 8 shares during the period. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Evercore ISI boosted their price target on O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. Argus assumed coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price objective on the stock. UBS Group raised their target price on O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Wells Fargo & Company boosted their price target on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Finally, Royal Bank Of Canada raised 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. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $104.40.

Insiders Place Their Bets

In other news, SVP Carl David Wilbanks sold 88,485 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 13th. The stock was 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the 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 approximately $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 over the last ninety days. 1.01% of the stock is owned by insiders.

O'Reilly Automotive Trading Down 0.1%

Shares of NASDAQ:ORLY traded down $0.15 during midday trading on Tuesday, hitting $106.26. The company had a trading volume of 1,493,680 shares, compared to its average volume of 5,469,524. The firm has a fifty day simple moving average of $98.80 and a 200 day simple moving average of $93.60. The stock has a market cap of $90.16 billion, a price-to-earnings ratio of 37.98, a PEG ratio of 2.77 and a beta of 0.60. O'Reilly Automotive, Inc. has a 12 month low of $73.11 and a 12 month high of $106.54.

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. The business had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. O'Reilly Automotive's revenue for the quarter was up 5.9% on a year-over-year basis. During the same period last year, the company posted $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

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.