First National Bank Sioux Falls Buys 8,283 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• First National Bank Sioux Falls significantly increased its stake in O'Reilly Automotive, buying an additional 8,283 shares, bringing its total ownership to 8,899 shares worth approximately $802,000.
• Multiple institutional investors, including Bank of Jackson Hole Trust and Saudi Central Bank, have recently acquired stakes in O'Reilly Automotive, reflecting a strong interest as 85% of the company's stock is held by institutional investors.
• O'Reilly Automotive reported $0.78 EPS for the last quarter, meeting analysts' expectations, with a year-over-year revenue increase of 5.9%.

First National Bank Sioux Falls increased its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,344.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,899 shares of the specialty retailer's stock after purchasing an additional 8,283 shares during the quarter. First National Bank Sioux Falls' holdings in O'Reilly Automotive were worth $802,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of 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 purchased a new position in O'Reilly Automotive in the 1st quarter valued at approximately $26,000. HighMark Wealth Management LLC grew its stake in O'Reilly Automotive by 185.7% in the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock valued at $29,000 after buying an additional 13 shares in the last quarter. Elequin Capital LP purchased a new position in O'Reilly Automotive in the 1st quarter valued at approximately $30,000. Finally, Saudi Central Bank purchased a new position in O'Reilly Automotive in the 1st quarter valued at approximately $33,000. Institutional investors own 85.00% of the company's stock.

Insider Activity

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the company's stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president directly owned 12,826 shares in the company, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maria Sastre sold 595 shares of the company's 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 completion of the transaction, the director owned 15,935 shares of the company's stock, valued at $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 over the last 90 days. Company insiders own 1.01% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ORLY shares. Argus started coverage on shares of O'Reilly Automotive in a research note on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price objective for the company. Barclays reiterated an "equal weight" rating and issued a $86.00 price objective on shares of O'Reilly Automotive in a research note on Friday, July 25th. JPMorgan Chase & Co. lifted their price objective 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. DA Davidson lifted their price objective on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Finally, Guggenheim lifted 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 note on Friday, July 25th. Two equities research 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 stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $104.40.

O'Reilly Automotive Price Performance

ORLY opened at $107.50 on Friday. The company has a fifty day moving average price of $100.11 and a 200-day moving average price of $94.03. The firm has a market capitalization of $91.21 billion, a P/E ratio of 38.43, a price-to-earnings-growth ratio of 2.85 and a beta of 0.60. O'Reilly Automotive, Inc. has a one year low of $73.33 and a one year high of $108.42.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting analysts' consensus estimates of $0.78. The firm 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 for the quarter was up 5.9% on a year-over-year basis. During the same period in the previous year, the business earned $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current 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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