First National Bank of Hutchinson Buys 12,028 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• First National Bank of Hutchinson increased its holdings in O'Reilly Automotive, Inc. by 1,024.5% during the second quarter, acquiring an additional 12,028 shares to own a total of 13,202 shares valued at approximately $1,190,000.
• Several institutional investors, including GAMMA Investing LLC and Wealth Enhancement Advisory Services LLC, have also significantly raised their stakes in O'Reilly Automotive, which is now 85% owned by institutional investors.
• Analysts have raised their price targets for O'Reilly Automotive, with BMO Capital Markets and Guggenheim both targeting a price of $110 and TD Cowen setting a target of $125, indicating strong support for the stock's performance.

First National Bank of Hutchinson lifted its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,024.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,202 shares of the specialty retailer's stock after purchasing an additional 12,028 shares during the period. O'Reilly Automotive accounts for 0.7% of First National Bank of Hutchinson's holdings, making the stock its 27th biggest position. First National Bank of Hutchinson's holdings in O'Reilly Automotive were worth $1,190,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in ORLY. GAMMA Investing LLC raised its stake in shares of O'Reilly Automotive by 22.3% during the 1st quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer's stock worth $1,822,000 after purchasing an additional 232 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of O'Reilly Automotive by 16.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer's stock worth $33,227,000 after purchasing an additional 3,272 shares in the last quarter. Kingswood Wealth Advisors LLC raised its stake in shares of O'Reilly Automotive by 34.0% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 445 shares of the specialty retailer's stock worth $637,000 after purchasing an additional 113 shares in the last quarter. TCI Wealth Advisors Inc. acquired a new position in shares of O'Reilly Automotive during the 1st quarter worth approximately $228,000. Finally, Blue Trust Inc. increased its holdings in shares of O'Reilly Automotive by 22.3% during the 1st quarter. Blue Trust Inc. now owns 559 shares of the specialty retailer's stock worth $801,000 after acquiring an additional 102 shares during the last quarter. Institutional investors own 85.00% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. BMO Capital Markets boosted their target price on O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Wolfe Research assumed coverage on O'Reilly Automotive in a report on Thursday, September 18th. They set an "outperform" rating and a $121.00 target price on the stock. Guggenheim boosted their target price on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, July 25th. TD Cowen boosted their target price on O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a report on Monday, September 15th. Finally, UBS Group reissued a "buy" rating and set a $120.00 target price (up from $115.00) on shares of O'Reilly Automotive in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $109.12.

Insider Buying and Selling

In other news, Director Maria Sastre sold 595 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the sale, the director directly owned 15,935 shares of the company's stock, valued at approximately $1,630,309.85. This represents a 3.60% decrease in their position. The transaction was disclosed in a document filed 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 on 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 sale, the senior vice president directly owned 10,305 shares in the company, valued at approximately $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. In the last 90 days, insiders sold 125,635 shares of company stock valued at $12,740,916. Company insiders own 1.01% of the company's stock.

O'Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $101.60 on Friday. The stock's fifty day moving average price is $103.82 and its two-hundred day moving average price is $96.34. O'Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The firm has a market cap of $86.21 billion, a price-to-earnings ratio of 36.32, a P/E/G ratio of 2.67 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting analysts' consensus estimates 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 analyst estimates of $4.54 billion. During the same period in the prior year, the firm posted $10.55 EPS. The company's revenue for the quarter 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, equities analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

About O'Reilly Automotive

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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