Cwm LLC Buys 26,102 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Cwm LLC increased its holdings in O'Reilly Automotive by 1,281.4% during Q2, accumulating a total of 28,139 shares worth approximately $2.54 million.
• Multiple institutional investors significantly boosted their stakes in O'Reilly Automotive during the same quarter, with Vanguard Personalized Indexing Management increasing its position by 1,808.0% to 157,161 shares.
• O'Reilly Automotive reported earnings of $0.78 per share for its quarterly results, meeting estimates, and had a revenue of $4.53 billion, just shy of the forecasted $4.54 billion.

Cwm LLC lifted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,281.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,139 shares of the specialty retailer's stock after buying an additional 26,102 shares during the quarter. Cwm LLC's holdings in O'Reilly Automotive were worth $2,536,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Vanguard Personalized Indexing Management LLC grew its position in shares of O'Reilly Automotive by 1,808.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 157,161 shares of the specialty retailer's stock worth $14,167,000 after buying an additional 148,924 shares during the period. Oak Ridge Investments LLC grew its position in shares of O'Reilly Automotive by 1,373.5% during the 2nd quarter. Oak Ridge Investments LLC now owns 203,266 shares of the specialty retailer's stock worth $18,320,000 after buying an additional 189,471 shares during the period. Concurrent Investment Advisors LLC grew its position in shares of O'Reilly Automotive by 2,085.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 11,431 shares of the specialty retailer's stock worth $1,030,000 after buying an additional 10,908 shares during the period. Johnson Investment Counsel Inc. grew its position in shares of O'Reilly Automotive by 1,691.5% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 8,205 shares of the specialty retailer's stock worth $740,000 after buying an additional 7,747 shares during the period. Finally, waypoint wealth counsel grew its position in shares of O'Reilly Automotive by 1,337.5% during the 2nd quarter. waypoint wealth counsel now owns 3,910 shares of the specialty retailer's stock worth $352,000 after buying an additional 3,638 shares during the period. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Stock Up 0.4%

O'Reilly Automotive stock opened at $101.60 on Friday. The stock has a market capitalization of $86.21 billion, a PE ratio of 36.32, a price-to-earnings-growth ratio of 2.68 and a beta of 0.60. O'Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71. The company has a 50 day moving average of $103.82 and a 200-day moving average of $96.35.

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

Analyst Ratings Changes

Several equities research analysts have recently commented on ORLY shares. Truist Financial lifted their price target on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Evercore ISI boosted their price objective 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. BMO Capital Markets boosted their price objective on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Guggenheim boosted their price objective 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. Finally, Cowen restated a "buy" rating on shares of O'Reilly Automotive in a report on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, O'Reilly Automotive presently has an average rating of "Moderate Buy" and an average target price of $109.12.

Insider Activity at O'Reilly Automotive

In other news, SVP Carl David Wilbanks sold 88,485 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the transaction, the senior vice president owned 10,305 shares in the company, valued at $1,056,674.70. This represents a 89.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Maria Sastre sold 595 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the transaction, the director owned 15,935 shares of the company's stock, valued at $1,630,309.85. This trade represents a 3.60% 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. 1.01% of the stock is owned by corporate insiders.

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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