O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by DE Burlo Group Inc.

Key Points

• DE Burlo Group Inc. increased its stake in O'Reilly Automotive by 10.8%, acquiring an additional 2,630 shares, bringing its total holdings to 26,880 shares valued at approximately $38.5 million.
• O'Reilly Automotive reported quarterly earnings of $0.78 per share, matching analysts' expectations, and its revenue was up 5.9% year-over-year, totaling $4.53 billion.
• Institutional investors control 85% of O'Reilly Automotive's stock, with notable stakes from firms like GAMMA Investing LLC and FMR LLC, reflecting strong confidence in the company's prospects.

DE Burlo Group Inc. lifted its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 10.8% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,880 shares of the specialty retailer's stock after buying an additional 2,630 shares during the quarter. O'Reilly Automotive comprises 5.7% of DE Burlo Group Inc.'s holdings, making the stock its biggest position. DE Burlo Group Inc.'s holdings in O'Reilly Automotive were worth $38,508,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. HWG Holdings LP acquired a new position in shares of O'Reilly Automotive during the 1st quarter worth approximately $26,000. HighMark Wealth Management LLC grew its position in shares of 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 purchasing an additional 13 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in shares of O'Reilly Automotive during the 4th quarter worth approximately $31,000. Investment Management Corp VA ADV bought a new stake in shares of O'Reilly Automotive during the 4th quarter worth approximately $37,000. Finally, Piscataqua Savings Bank acquired a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $43,000. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Activity

In related news, SVP Najera Jose A. Montellano sold 285 shares of O'Reilly Automotive stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $90.13, for a total transaction of $25,686.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Ramon Parises Odems sold 30,000 shares of O'Reilly Automotive stock in a transaction on Friday, May 30th. The stock was sold at an average price of $90.70, for a total transaction of $2,720,900.00. Following the transaction, the senior vice president directly owned 240 shares of the company's stock, valued at $21,767.20. This represents a 99.21% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,285 shares of company stock valued at $3,022,386. Insiders own 1.01% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ORLY shares. Mizuho increased their price target on shares of O'Reilly Automotive from $93.33 to $96.33 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Royal Bank Of Canada increased their price target on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Citigroup increased their price target on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Wall Street Zen upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. Finally, DA Davidson increased their price target on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Two research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $102.22.

O'Reilly Automotive Stock Down 0.0%

Shares of ORLY stock traded down $0.01 during trading hours on Wednesday, hitting $98.89. 1,924,009 shares of the company's stock traded hands, compared to its average volume of 5,700,068. The stock's 50 day simple moving average is $91.52 and its 200 day simple moving average is $90.07. The stock has a market cap of $84.54 billion, a PE ratio of 35.41, a price-to-earnings-growth ratio of 2.58 and a beta of 0.58. O'Reilly Automotive, Inc. has a 12 month low of $73.11 and a 12 month high of $100.60.

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 (EPS) for the quarter, meeting the consensus estimate 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 net margin of 14.15% and a negative return on equity of 181.53%. The company's revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the firm earned $10.55 earnings per share. As a group, equities research analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS 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.