O'Reilly Automotive, Inc. $ORLY Stock Position Reduced by Epoch Investment Partners Inc.

Key Points

• Epoch Investment Partners Inc. reduced its stake in O'Reilly Automotive by 5.3%, owning approximately $147.52 million worth of shares as of the end of the first quarter.
• O'Reilly Automotive's recent quarterly earnings met expectations with an EPS of $0.78, and the company's revenue showed a 5.9% increase compared to the previous year.
• Analyst reports indicate a positive outlook for O'Reilly Automotive, with several firms raising their price targets, leading to a consensus rating of "Buy" and an average target price of $104.40.

Epoch Investment Partners Inc. reduced its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 5.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 102,973 shares of the specialty retailer's stock after selling 5,735 shares during the period. Epoch Investment Partners Inc. owned about 0.18% of O'Reilly Automotive worth $147,517,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of O'Reilly Automotive by 16.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer's stock valued at $33,227,000 after purchasing an additional 3,272 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of O'Reilly Automotive by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock valued at $7,504,421,000 after purchasing an additional 75,125 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of O'Reilly Automotive by 33.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer's stock valued at $836,357,000 after purchasing an additional 147,904 shares during the last quarter. CCM Investment Group LLC acquired a new position in shares of O'Reilly Automotive in the 1st quarter valued at $4,672,000. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of O'Reilly Automotive by 52.4% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,242 shares of the specialty retailer's stock valued at $16,105,000 after purchasing an additional 3,866 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at O'Reilly Automotive

In related news, SVP Mark Joseph Merz sold 5,050 shares of the firm's stock in a transaction 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 completion of the sale, the senior vice president directly owned 2,876 shares of the company's stock, valued at approximately $284,925.32. This trade represents a 63.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Ramon Parises Odems sold 30,000 shares of the firm's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $90.70, for a total transaction of $2,720,900.00. Following the sale, the senior vice president directly owned 240 shares of the company's stock, valued at approximately $21,767.20. The trade was a 99.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 155,635 shares of company stock worth $15,461,816. 1.01% of the stock is currently owned by insiders.

O'Reilly Automotive Price Performance

ORLY traded down $0.06 during trading hours on Thursday, reaching $103.99. 2,960,469 shares of the stock traded hands, compared to its average volume of 4,525,151. The firm's fifty day simple moving average is $96.70 and its two-hundred day simple moving average is $92.71. The company has a market cap of $88.24 billion, a price-to-earnings ratio of 37.17, a PEG ratio of 2.75 and a beta of 0.56. O'Reilly Automotive, Inc. has a fifty-two week low of $73.11 and a fifty-two week high of $104.86.

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

Analyst Upgrades and Downgrades

ORLY has been the topic of a number of research analyst reports. UBS Group lifted their price target on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, July 24th. BMO Capital Markets lifted their price target on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Guggenheim lifted their price target on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a report on Friday, July 25th. Citigroup lifted their price target on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a report on Friday, July 25th. Finally, JPMorgan Chase & Co. raised their target price on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $104.40.

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.