Eisler Capital Management Ltd. Raises Stock Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• Eisler Capital Management Ltd. significantly increased its stake in O'Reilly Automotive, growing it by 885.9%, owning 14,089 shares valued at approximately $20.26 million.
• Analysts have raised their price targets for O'Reilly Automotive, with Royal Bank of Canada setting the target at $104.00 and Citigroup at $114.00, with the consensus average target at $104.40.
• O'Reilly Automotive reported earnings of $0.78 per share for the last quarter, meeting expectations, and projected FY 2025 earnings per share guidance of $2.850-2.950.

Eisler Capital Management Ltd. grew its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 885.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,089 shares of the specialty retailer's stock after purchasing an additional 12,660 shares during the period. O'Reilly Automotive makes up approximately 0.1% of Eisler Capital Management Ltd.'s portfolio, making the stock its 17th biggest holding. Eisler Capital Management Ltd.'s holdings in O'Reilly Automotive were worth $20,258,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Guggenheim Capital LLC grew its holdings in O'Reilly Automotive by 5.7% during the first quarter. Guggenheim Capital LLC now owns 22,486 shares of the specialty retailer's stock worth $32,213,000 after acquiring an additional 1,203 shares during the period. Ieq Capital LLC boosted its position in O'Reilly Automotive by 104.5% during the first quarter. Ieq Capital LLC now owns 6,089 shares of the specialty retailer's stock worth $8,723,000 after purchasing an additional 3,112 shares in the last quarter. Quadcap Wealth Management LLC purchased a new stake in O'Reilly Automotive during the first quarter worth $205,000. Samalin Investment Counsel LLC purchased a new stake in O'Reilly Automotive during the first quarter worth $229,000. Finally, PKS Advisory Services LLC purchased a new stake in O'Reilly Automotive during the first quarter worth $215,000. Institutional investors and hedge funds own 85.00% of the company's stock.

Analysts Set New Price Targets

ORLY has been the topic of a number of research analyst reports. Royal Bank Of Canada boosted their target price on 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 boosted their target price on O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Guggenheim upped their price objective on O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a research report on Friday, July 25th. 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 objective on the stock. Finally, BMO Capital Markets upped their price objective on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, O'Reilly Automotive currently has a consensus rating of "Buy" and an average price target of $104.40.

O'Reilly Automotive Trading Up 0.7%

NASDAQ ORLY opened at $103.18 on Wednesday. The business's 50-day moving average price is $96.07 and its 200 day moving average price is $92.52. O'Reilly Automotive, Inc. has a twelve month low of $73.11 and a twelve month high of $104.86. The company has a market capitalization of $87.55 billion, a PE ratio of 36.89, a price-to-earnings-growth ratio of 2.71 and a beta of 0.56.

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

Insider Activity

In related news, SVP Mark Joseph Merz sold 29,505 shares of the stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president directly owned 4,234 shares in the company, valued at approximately $415,990.50. This represents a 87.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares in the company, valued at $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 a total of 155,920 shares of company stock valued at $15,487,502 in the last three months. Company insiders own 1.01% of the company's stock.

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.

Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.