CX Institutional Has $335,000 Stake in O'Reilly Automotive, Inc. $ORLY

Key Points

• CX Institutional increased its stake in O'Reilly Automotive, Inc. by 1,379.7% during the second quarter, bringing its total holdings to a value of $335,000.
• The stock of O'Reilly Automotive has a current market capitalization of $87.78 billion and its shares have a P/E ratio of 36.98.
• O'Reilly Automotive reported earnings of $0.78 per share for the last quarter, meeting analyst expectations, with a revenue of $4.53 billion.

CX Institutional increased its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,379.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,714 shares of the specialty retailer's stock after purchasing an additional 3,463 shares during the quarter. CX Institutional's holdings in O'Reilly Automotive were worth $335,000 at the end of the most recent reporting period.

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

O'Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $103.45 on Tuesday. The stock has a market capitalization of $87.78 billion, a P/E ratio of 36.98, a price-to-earnings-growth ratio of 2.74 and a beta of 0.60. O'Reilly Automotive, Inc. has a 1-year low of $73.33 and a 1-year high of $108.42. The business has a fifty day moving average price of $101.58 and a 200 day moving average price of $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 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm's quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company posted $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on ORLY shares. Barclays reiterated an "equal weight" rating and set a $86.00 target price on shares of O'Reilly Automotive in a research note on Friday, July 25th. Argus initiated coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price target on the stock. BMO Capital Markets boosted their price objective on O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Guggenheim boosted their price objective on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Finally, 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 note on Thursday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, O'Reilly Automotive has an average rating of "Buy" and an average price target of $107.17.

Insider Buying and Selling

In other news, SVP Carl David Wilbanks sold 88,485 shares of the firm's 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 transaction, the senior vice president owned 10,305 shares in the company, valued at $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Mark Joseph Merz sold 5,050 shares of the firm's stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the transaction, the senior vice president owned 2,876 shares in the company, valued at approximately $284,925.32. This trade represents a 63.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock valued at $12,740,916 in the last three months. 1.01% of the stock is currently owned by 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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