Diversified Trust Co Buys 13,240 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Diversified Trust Co significantly increased its investment in O'Reilly Automotive by acquiring an additional 13,240 shares, raising its stake by 1,416.0%, and now holds 14,175 shares worth approximately $1.28 million.
• Several hedge funds have also newly invested in O'Reilly, with institutional investors collectively owning 85.00% of the company's stock, indicating strong institutional interest in the firm.
• Analysts maintain a positive outlook on O'Reilly Automotive, with a consensus rating of "Buy" and a target price of $107.17, reflecting confidence in the company's performance moving forward.

Diversified Trust Co lifted its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,416.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,175 shares of the specialty retailer's stock after purchasing an additional 13,240 shares during the quarter. Diversified Trust Co's holdings in O'Reilly Automotive were worth $1,278,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new stake in shares of O'Reilly Automotive in the 1st quarter worth approximately $25,000. HWG Holdings LP bought a new stake in shares of O'Reilly Automotive in the 1st quarter worth approximately $26,000. HighMark Wealth Management LLC boosted its position in shares of O'Reilly Automotive by 185.7% in 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. Elequin Capital LP bought a new stake in shares of O'Reilly Automotive in the 1st quarter worth approximately $30,000. Finally, Saudi Central Bank bought a new stake in shares of O'Reilly Automotive in the 1st quarter worth approximately $33,000. 85.00% of the stock is owned by institutional investors.

Insider Activity

In related news, SVP Mark Joseph Merz sold 5,050 shares of the business's stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total transaction of $500,303.50. Following the sale, the senior vice president owned 2,876 shares of the company's stock, valued at approximately $284,925.32. The trade was a 63.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the business's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total transaction of $207,620.00. Following the sale, the senior vice president directly owned 12,826 shares in the company, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 in the last ninety days. 1.01% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on ORLY shares. Argus started coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price target on the stock. Wells Fargo & Company boosted their price objective on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. UBS Group boosted their target price on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Truist Financial boosted their target price on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Finally, 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 research report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, O'Reilly Automotive has an average rating of "Buy" and a consensus price target of $107.17.

O'Reilly Automotive Stock Up 0.2%

Shares of ORLY stock opened at $103.93 on Monday. O'Reilly Automotive, Inc. has a 52 week low of $73.33 and a 52 week high of $108.42. The stock has a market capitalization of $88.18 billion, a PE ratio of 37.15, a P/E/G ratio of 2.74 and a beta of 0.60. The firm has a 50 day moving average of $101.37 and a two-hundred day moving average of $94.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting 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 company's revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the previous year, the company earned $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. 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.

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