FORA Capital LLC Decreases Stock Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• FORA Capital LLC has significantly reduced its stake in O'Reilly Automotive by 86.1%, selling 4,498 shares and now holding only 727 shares valued at approximately $1,041,000.
• O'Reilly Automotive reported quarterly earnings meeting analysts' expectations, with an EPS of $0.78, and year-over-year revenue growth of 5.9%.
• Several hedge funds, including Carolinas Wealth Consulting LLC and Marcum Wealth LLC, have increased their positions in O'Reilly Automotive, indicating continued institutional interest as they own 85.00% of the company's stock.

FORA Capital LLC trimmed its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 86.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 727 shares of the specialty retailer's stock after selling 4,498 shares during the period. FORA Capital LLC's holdings in O'Reilly Automotive were worth $1,041,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Carolinas Wealth Consulting LLC grew its holdings in O'Reilly Automotive by 14.3% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock valued at $76,000 after purchasing an additional 8 shares during the period. Marcum Wealth LLC grew its position in shares of O'Reilly Automotive by 4.0% in the first quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer's stock valued at $301,000 after purchasing an additional 8 shares in the last quarter. Adero Partners LLC grew its position in shares of O'Reilly Automotive by 1.9% in the first quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock valued at $609,000 after purchasing an additional 8 shares in the last quarter. Avior Wealth Management LLC grew its position in shares of O'Reilly Automotive by 3.5% in the first quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock valued at $342,000 after purchasing an additional 8 shares in the last quarter. Finally, Lindbrook Capital LLC grew its position in shares of O'Reilly Automotive by 2.6% in the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock valued at $448,000 after purchasing an additional 8 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

O'Reilly Automotive Stock Performance

O'Reilly Automotive stock traded down $0.31 during midday trading on Friday, hitting $103.68. 2,952,643 shares of the company's stock were exchanged, compared to its average volume of 4,394,122. O'Reilly Automotive, Inc. has a 52-week low of $73.11 and a 52-week high of $104.86. The stock has a 50-day moving average price of $96.98 and a two-hundred day moving average price of $92.82. The company has a market cap of $87.97 billion, a P/E ratio of 37.06, a PEG ratio of 2.74 and a beta of 0.56.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS 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 business had revenue of $4.53 billion during the quarter, compared to analysts' expectations of $4.54 billion. During the same period in the previous year, the business earned $10.55 earnings per share. The firm'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. As a group, sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Transactions at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the sale, the senior vice president owned 12,826 shares of the company's stock, valued at $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value 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 trade represents a 3.60% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ORLY. Guggenheim lifted their price target 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. DA Davidson lifted their price target on O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Citigroup lifted their price target on O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Wells Fargo & Company lifted their price target on O'Reilly Automotive from $103.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Finally, Evercore ISI lifted their price target on O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research report on Tuesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $104.40.

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.