IFC Advisors LLC Increases Stock Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• IFC Advisors LLC dramatically increased its position in O'Reilly Automotive by 1,351.5% during the second quarter, owning 5,472 shares valued at approximately $493,000.
• The stock currently has a market capitalization of $87.29 billion and a PE ratio of 36.78, with a 52-week high of $108.71.
• Equities analysts maintain a consensus rating of "Buy" for O'Reilly Automotive, with an average price target of $107.17.

IFC Advisors LLC raised its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,351.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,472 shares of the specialty retailer's stock after purchasing an additional 5,095 shares during the quarter. IFC Advisors LLC's holdings in O'Reilly Automotive were worth $493,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of ORLY. Bank of Jackson Hole Trust purchased a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $25,000. HWG Holdings LP purchased a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $26,000. Oakworth Capital Inc. boosted its stake in shares of O'Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock worth $26,000 after acquiring an additional 264 shares in the last quarter. HighMark Wealth Management LLC boosted its stake in shares of O'Reilly Automotive by 1,400.0% during the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer's stock worth $27,000 after acquiring an additional 280 shares in the last quarter. Finally, ORG Partners LLC boosted its stake in shares of O'Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock worth $28,000 after acquiring an additional 277 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Performance

Shares of ORLY opened at $102.88 on Tuesday. The stock has a fifty day moving average of $103.93 and a two-hundred day moving average of $96.17. The company has a market capitalization of $87.29 billion, a PE ratio of 36.78, a price-to-earnings-growth ratio of 2.70 and a beta of 0.60. O'Reilly Automotive, Inc. has a fifty-two week low of $76.22 and a fifty-two week high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.O'Reilly Automotive's revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm posted $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities research analysts forecast that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on ORLY shares. Cowen reissued a "buy" rating on shares of O'Reilly Automotive in a research note on Monday, September 15th. Barclays reaffirmed an "equal weight" rating and issued a $86.00 target price on shares of O'Reilly Automotive in a research note on Friday, July 25th. Royal Bank Of Canada upped their target price on O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Truist Financial upped their target price on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Finally, Citigroup upped their target price on O'Reilly Automotive from $104.00 to $114.00 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, eighteen have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, O'Reilly Automotive has a consensus rating of "Buy" and an average price target of $107.17.

Insider Transactions at O'Reilly Automotive

In related 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 value of $60,874.45. Following the transaction, 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Mark Joseph Merz sold 29,505 shares of the stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total value of $2,898,866.25. Following the completion of the transaction, the senior vice president directly owned 4,234 shares in the company, valued at $415,990.50. This trade represents a 87.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 125,635 shares of company stock valued at $12,740,916. Corporate insiders own 1.01% of the company's stock.

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.

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