Deltec Asset Management LLC Takes Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• Deltec Asset Management LLC acquired 13,890 shares of O'Reilly Automotive, valued at approximately $1,252,000, during the second quarter.
• Insider selling activity included significant sales by SVP Mark Joseph Merz and SVP Carl David Wilbanks, totaling 125,635 shares worth almost $12.74 million over three months.
• O'Reilly Automotive reported $4.53 billion in revenue for the last quarter, slightly under analysts' expectations, and provided an FY 2025 EPS guidance range of $2.850-2.950.

Deltec Asset Management LLC acquired a new stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 13,890 shares of the specialty retailer's stock, valued at approximately $1,252,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ORLY. Bank of Jackson Hole Trust acquired a new stake in O'Reilly Automotive in the first quarter valued at approximately $25,000. HWG Holdings LP acquired a new stake in O'Reilly Automotive in the first quarter valued at approximately $26,000. Oakworth Capital Inc. boosted its stake in O'Reilly Automotive by 1,257.1% in the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock valued at $26,000 after acquiring an additional 264 shares in the last quarter. ORG Partners LLC boosted its stake in O'Reilly Automotive by 839.4% in the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock valued at $28,000 after acquiring an additional 277 shares in the last quarter. Finally, HighMark Wealth Management LLC boosted its stake in O'Reilly Automotive by 185.7% in the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock valued at $29,000 after acquiring an additional 13 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insider Activity

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total value of $2,898,866.25. Following the completion of the transaction, the senior vice president owned 4,234 shares of the company's stock, valued at approximately $415,990.50. The trade was a 87.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of O'Reilly Automotive stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of the transaction, the senior vice president directly owned 10,305 shares of the company's stock, valued at $1,056,674.70. The trade was a 89.57% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock worth $12,740,916 over the last three months. Corporate insiders own 1.01% of the company's stock.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock opened at $107.81 on Wednesday. The firm has a fifty day moving average price of $103.12 and a 200 day moving average price of $95.40. O'Reilly Automotive, Inc. has a 1 year low of $75.93 and a 1 year high of $108.72. The stock has a market cap of $91.48 billion, a PE ratio of 38.54, a price-to-earnings-growth ratio of 2.84 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion during the quarter, compared to analysts' expectations of $4.54 billion. During the same quarter last year, the company posted $10.55 earnings per share. The firm's 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. As a group, equities analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have weighed in on ORLY. Wolfe Research began coverage on shares of O'Reilly Automotive in a research note on Thursday, September 18th. They issued an "outperform" rating and a $121.00 target price for the company. Royal Bank Of Canada raised their target price on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Citigroup raised their target price on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, July 25th. DA Davidson lifted their price objective on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Finally, BMO Capital Markets lifted their price objective on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $107.17.

O'Reilly Automotive Company 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.

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