Gabelli Funds LLC cut its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 5.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 75,500 shares of the specialty retailer's stock after selling 4,685 shares during the quarter. O'Reilly Automotive comprises about 0.8% of Gabelli Funds LLC's investment portfolio, making the stock its 20th biggest holding. Gabelli Funds LLC owned 0.13% of O'Reilly Automotive worth $108,160,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in the business. HWG Holdings LP bought a new stake in shares of O'Reilly Automotive in the 1st quarter worth approximately $26,000. Bank of Jackson Hole Trust acquired a new position in O'Reilly Automotive in the first quarter worth approximately $25,000. HighMark Wealth Management LLC grew its position in O'Reilly Automotive by 185.7% in the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after buying an additional 13 shares during the last quarter. Elequin Capital LP bought a new position in shares of O'Reilly Automotive in the first quarter valued at $30,000. Finally, Accredited Wealth Management LLC acquired a new stake in shares of O'Reilly Automotive during the 1st quarter valued at $42,000. Institutional investors own 85.00% of the company's stock.
O'Reilly Automotive Trading Down 0.1%
NASDAQ ORLY traded down $0.06 during trading on Thursday, reaching $103.99. 2,960,469 shares of the company's stock were exchanged, compared to its average volume of 4,525,151. O'Reilly Automotive, Inc. has a fifty-two week low of $73.11 and a fifty-two week high of $104.86. The company's fifty day simple moving average is $96.70 and its 200-day simple moving average is $92.71. The firm has a market capitalization of $88.24 billion, a PE ratio of 37.17, a P/E/G ratio of 2.75 and a beta of 0.56.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting 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 firm's revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
ORLY has been the subject of several research reports. Argus initiated coverage on O'Reilly Automotive in a report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 target price on the stock. Citigroup upped their target price on O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a report on Friday, July 25th. Guggenheim lifted their price target on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Royal Bank Of Canada boosted their price objective on O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Finally, Truist Financial upped their price objective on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $104.40.
View Our Latest Stock Report on O'Reilly Automotive
Insider Transactions at O'Reilly Automotive
In other news, SVP Mark Joseph Merz sold 5,050 shares of the firm's stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total value of $500,303.50. Following 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the transaction, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 155,635 shares of company stock valued at $15,461,816. Insiders own 1.01% of the company's stock.
O'Reilly Automotive Company Profile
(
Free Report)
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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