O'Reilly Automotive, Inc. $ORLY Shares Sold by Gamco Investors INC. ET AL

Key Points

• Gamco Investors INC. ET AL has reduced its holdings in O'Reilly Automotive by 6.2%, now owning 43,435 shares valued at approximately $62.22 million.
• Insider activity shows significant sell-offs, with SVP Mark Joseph Merz selling 5,050 shares and SVP Ramon Parises Odems selling 30,000 shares, indicating a combined decrease in ownership.
• Equities research analysts have a generally positive outlook for O'Reilly Automotive, with an average target price of $104.40 and numerous analysts rating the stock as a "Buy".

Gamco Investors INC. ET AL lessened its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 6.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 43,435 shares of the specialty retailer's stock after selling 2,886 shares during the quarter. O'Reilly Automotive accounts for approximately 0.7% of Gamco Investors INC. ET AL's portfolio, making the stock its 26th biggest position. Gamco Investors INC. ET AL owned approximately 0.08% of O'Reilly Automotive worth $62,224,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ORLY. GAMMA Investing LLC boosted its stake in shares of O'Reilly Automotive by 175,115.6% in the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after buying an additional 1,821,202 shares during the period. Nuveen LLC purchased a new position in shares of O'Reilly Automotive in the 1st quarter valued at about $897,549,000. Wellington Management Group LLP boosted its stake in shares of O'Reilly Automotive by 20.8% in the 1st quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer's stock valued at $2,757,148,000 after buying an additional 330,964 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of O'Reilly Automotive by 197.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 303,484 shares of the specialty retailer's stock valued at $434,765,000 after buying an additional 201,356 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its stake 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 buying an additional 147,904 shares during the period. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Trading Down 0.1%

ORLY stock traded down $0.06 during trading on Thursday, hitting $103.99. 2,960,469 shares of the company's stock were exchanged, compared to its average volume of 4,525,151. The business has a 50-day moving average price of $96.70 and a two-hundred day moving average price of $92.71. The stock has a market capitalization 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 52-week low of $73.11 and a 52-week high of $104.86.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share 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 company had revenue of $4.53 billion during the quarter, compared to analysts' expectations of $4.54 billion. During the same quarter in the previous year, the business earned $10.55 earnings per share. The firm'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 research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Buying and Selling

In other O'Reilly Automotive news, SVP Ramon Parises Odems sold 30,000 shares of the business's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $90.70, for a total value of $2,720,900.00. Following the completion of the sale, the senior vice president owned 240 shares in the company, valued at approximately $21,767.20. The trade was a 99.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 595 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the sale, the director 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 disclosure for this sale can be found here. Insiders have sold 155,635 shares of company stock valued at $15,461,816 in the last 90 days. Company insiders own 1.01% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ORLY. Argus began coverage on 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. UBS Group lifted their price objective on O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Wells Fargo & Company boosted their target price on O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. DA Davidson boosted their target price on O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Finally, Evercore ISI boosted their target price on O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, O'Reilly Automotive presently has an average rating of "Buy" and an average target price 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.