E. Ohman J or Asset Management AB Purchases Shares of 36,930 O'Reilly Automotive, Inc. $ORLY

Key Points

• E. Ohman J or Asset Management AB acquired 36,930 shares of O'Reilly Automotive, valued at approximately $3.3 million, during the 2nd quarter, indicating growing institutional interest in the specialty retailer.
• Insider selling was noted, with Director Maria Sastre selling 595 shares and SVP Mark Joseph Merz selling 5,050 shares, reflecting a total of 125,635 shares sold worth nearly $12.7 million in the past ninety days.
• O'Reilly Automotive's stock has been rated by analysts with an overall "Buy" rating and an average price target of $106.36, highlighting positive market sentiment despite recent stock price fluctuations.

E. Ohman J or Asset Management AB purchased a new position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,930 shares of the specialty retailer's stock, valued at approximately $3,329,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank Pictet & Cie Europe AG boosted its position in shares of O'Reilly Automotive by 3.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer's stock valued at $41,848,000 after acquiring an additional 1,208 shares during the last quarter. Gotham Asset Management LLC raised its stake in O'Reilly Automotive by 18.2% in the fourth quarter. Gotham Asset Management LLC now owns 423 shares of the specialty retailer's stock valued at $502,000 after purchasing an additional 65 shares in the last quarter. Silvercrest Asset Management Group LLC lifted its position in O'Reilly Automotive by 8.2% during the fourth quarter. Silvercrest Asset Management Group LLC now owns 7,674 shares of the specialty retailer's stock valued at $9,100,000 after purchasing an additional 583 shares during the last quarter. Toronto Dominion Bank lifted its position in O'Reilly Automotive by 57.9% during the fourth quarter. Toronto Dominion Bank now owns 33,452 shares of the specialty retailer's stock valued at $39,667,000 after purchasing an additional 12,273 shares during the last quarter. Finally, Strategic Wealth Partners Ltd. purchased a new position in O'Reilly Automotive in the 4th quarter worth approximately $228,000. Hedge funds and other institutional investors own 85.00% of the company's stock.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, Director Maria Sastre sold 595 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the transaction, the director owned 15,935 shares of the company's stock, valued at approximately $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mark Joseph Merz sold 5,050 shares of O'Reilly Automotive stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total transaction of $500,303.50. Following the transaction, the senior vice president owned 2,876 shares of the company's stock, valued at $284,925.32. The trade was a 63.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock worth $12,740,916 in the last ninety days. 1.01% of the stock is owned by company insiders.

O'Reilly Automotive Stock Down 1.1%

Shares of O'Reilly Automotive stock opened at $106.29 on Tuesday. The business has a 50 day moving average of $100.38 and a 200 day moving average of $94.20. O'Reilly Automotive, Inc. has a 52 week low of $73.33 and a 52 week high of $108.42. The company has a market cap of $90.19 billion, a PE ratio of 38.00, a P/E/G ratio of 2.84 and a beta of 0.60.

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, hitting analysts' consensus estimates of $0.78. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. During the same period in the prior year, the firm earned $10.55 earnings per share. O'Reilly Automotive's revenue was up 5.9% on a year-over-year basis. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Barclays restated an "equal weight" rating and set a $86.00 price objective on shares of O'Reilly Automotive in a research report on Friday, July 25th. Argus assumed 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. Guggenheim upped 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. Royal Bank Of Canada increased their price objective on O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Finally, Cowen restated a "buy" rating on shares of O'Reilly Automotive in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $106.36.

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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