Community Bank & Trust Waco Texas Has $1.06 Million Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• Community Bank & Trust Waco Texas significantly increased its holdings in O'Reilly Automotive, Inc. by 1,400.0% during the 2nd quarter, owning a total of 11,700 shares valued at approximately $1.06 million.
• Multiple institutional investors, including Congress Asset Management Co. and Farther Finance Advisors LLC, also made substantial increases in their stakes in O'Reilly Automotive, with ownership by institutional investors reaching 85.00%.
• O'Reilly Automotive reported earnings of $0.78 per share for the last quarter, aligning with analysts' expectations, while also providing FY 2025 guidance of 2.850-2.950 EPS.

Community Bank & Trust Waco Texas raised its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,700 shares of the specialty retailer's stock after buying an additional 10,920 shares during the quarter. Community Bank & Trust Waco Texas' holdings in O'Reilly Automotive were worth $1,055,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ORLY. Congress Asset Management Co. lifted its stake in O'Reilly Automotive by 1,385.2% in the second quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer's stock valued at $142,449,000 after buying an additional 1,474,068 shares during the period. Farther Finance Advisors LLC raised its position in shares of O'Reilly Automotive by 1,403.1% during the second quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer's stock worth $69,031,000 after purchasing an additional 714,953 shares during the period. Nuveen LLC acquired a new position in shares of O'Reilly Automotive during the first quarter worth approximately $897,549,000. Argent Capital Management LLC raised its position in shares of O'Reilly Automotive by 1,379.2% during the second quarter. Argent Capital Management LLC now owns 607,131 shares of the specialty retailer's stock worth $54,721,000 after purchasing an additional 566,087 shares during the period. Finally, Woodstock Corp raised its position in shares of O'Reilly Automotive by 1,376.6% during the second quarter. Woodstock Corp now owns 585,490 shares of the specialty retailer's stock worth $52,770,000 after purchasing an additional 545,839 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

O'Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $107.81 on Wednesday. The company has a market capitalization of $91.48 billion, a PE ratio of 38.54, a price-to-earnings-growth ratio of 2.84 and a beta of 0.60. The business has a fifty day moving average price of $103.12 and a two-hundred day moving average price of $95.40. O'Reilly Automotive, Inc. has a 1 year low of $75.93 and a 1 year high of $108.72.

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. The firm had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business's revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

ORLY has been the topic of a number of research reports. UBS Group upped 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. Evercore ISI upped their target price on O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 12th. Argus initiated coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 target price on the stock. Citigroup upped their target price 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. Finally, BMO Capital Markets increased their price target on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $107.17.

Insiders Place Their Bets

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 29,505 shares of the company's stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total value of $2,898,866.25. Following the completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of the company'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 completion of the transaction, the senior vice president owned 12,826 shares of the company's stock, valued at $1,331,467.06. This trade represents a 13.49% 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 90 days. 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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