Czech National Bank Boosts Stock Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• The Czech National Bank significantly increased its stake in O'Reilly Automotive, acquiring 195,750 shares, which raised its total holdings by 1,482.7% to 208,952 shares worth approximately $18.8 million.
• In the second quarter, other institutional investors also made substantial purchases, with MassMutual Private Wealth & Trust increasing its holdings by 1,358.8%, now owning over 314,000 shares.
• Analysts have a consensus "Buy" rating on O'Reilly Automotive, with price targets raised by major firms, indicating strong confidence in the company's performance and growth potential.

Czech National Bank lifted its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,482.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 208,952 shares of the specialty retailer's stock after buying an additional 195,750 shares during the quarter. Czech National Bank's holdings in O'Reilly Automotive were worth $18,833,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new position in O'Reilly Automotive during the first quarter valued at $25,000. HWG Holdings LP acquired a new stake in shares of O'Reilly Automotive during the first quarter worth about $26,000. HighMark Wealth Management LLC lifted its position 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 purchased a new position in O'Reilly Automotive during the first quarter worth $30,000. Finally, Saudi Central Bank purchased a new stake in shares of O'Reilly Automotive in the first quarter valued at $33,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ORLY has been the topic of several research reports. Argus assumed coverage on O'Reilly Automotive in a research note on Wednesday, August 13th. They set a "buy" rating and a $120.00 price objective on the stock. Guggenheim lifted their target price on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Barclays reiterated an "equal weight" rating and issued a $86.00 target price on shares of O'Reilly Automotive in a research note on Friday, July 25th. JPMorgan Chase & Co. boosted their price objective on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. Finally, Wells Fargo & Company upped their target price on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, O'Reilly Automotive has an average rating of "Buy" and a consensus target price of $107.17.

Insider Activity

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president owned 4,234 shares of the company's stock, valued at $415,990.50. The trade was a 87.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the company's 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 completion of the sale, the senior vice president directly owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 over the last ninety days. Company insiders own 1.01% of the company's stock.

O'Reilly Automotive Stock Performance

O'Reilly Automotive stock traded up $0.24 during midday trading on Friday, reaching $103.93. 10,047,562 shares of the stock were exchanged, compared to its average volume of 4,166,746. The company's fifty day moving average is $101.37 and its 200-day moving average is $94.56. The firm has a market cap of $88.18 billion, a PE ratio of 37.15, a PEG ratio of 2.74 and a beta of 0.60. O'Reilly Automotive, Inc. has a 52 week low of $73.33 and a 52 week high of $108.42.

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 the consensus estimate of $0.78. The business 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 firm's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter 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. On average, sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

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.