Counterpoint Mutual Funds LLC Makes New Investment in O'Reilly Automotive, Inc. $ORLY

Key Points

• Counterpoint Mutual Funds LLC acquired 21,407 shares of O'Reilly Automotive, valued at approximately $1.93 million, enhancing its stake in the company during the second quarter.
• Equities research analysts generally favor O'Reilly Automotive, with a consensus rating of "Buy" and an average target price of $107.17, indicating positive expectations for the company's future performance.
• Shares of O'Reilly Automotive recently opened at $103.45, with a market capitalization of $87.78 billion and a projected earnings forecast indicating significant growth potential.

Counterpoint Mutual Funds LLC acquired a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 21,407 shares of the specialty retailer's stock, valued at approximately $1,929,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new position in O'Reilly Automotive during the 1st quarter worth $25,000. HWG Holdings LP bought a new position in O'Reilly Automotive during the 1st quarter worth $26,000. HighMark Wealth Management LLC increased its stake in O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after acquiring an additional 13 shares during the period. Elequin Capital LP bought a new position in O'Reilly Automotive during the 1st quarter worth $30,000. Finally, Saudi Central Bank bought a new position in O'Reilly Automotive during the 1st quarter worth $33,000. Institutional investors own 85.00% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ORLY shares. Wolfe Research started coverage on O'Reilly Automotive in a report on Thursday, September 18th. They issued an "outperform" rating and a $121.00 target price on the stock. UBS Group raised their target price on O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Citigroup raised their target price on O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a report on Friday, July 25th. BMO Capital Markets raised their target price on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Finally, Truist Financial raised their target price on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a report on Friday, July 25th. Two 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's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $107.17.

O'Reilly Automotive Trading Down 0.5%

Shares of ORLY opened at $103.45 on Tuesday. The company has a market capitalization of $87.78 billion, a PE ratio of 36.98, a PEG ratio of 2.74 and a beta of 0.60. O'Reilly Automotive, Inc. has a 12 month low of $73.33 and a 12 month high of $108.42. The stock's 50-day moving average price is $101.58 and its two-hundred day moving average price is $94.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. During the same period in the previous year, the business earned $10.55 EPS. The business's quarterly revenue was up 5.9% compared to the same quarter last year. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities research analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insiders Place Their Bets

In other O'Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive 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 completion of the sale, the senior vice president directly owned 12,826 shares in the company, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the sale, the senior vice president owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company's stock.

About O'Reilly Automotive

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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