Impact Capital Partners LLC Grows Stock Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• Impact Capital Partners LLC significantly increased its stake in O'Reilly Automotive by 1,350.0%, accumulating a total of 6,525 shares worth approximately $588,000 after buying 6,075 additional shares.
• Other institutional investors also boosted their holdings in O'Reilly, with Congress Asset Management increasing their stake by 1,385.2% to own 1,580,484 shares valued at $142.4 million.
• O'Reilly Automotive's stock experienced a 0.2% increase, with the current market cap at $91.48 billion, and analysts have set a price target consensus of approximately $107.17 for the shares.

Impact Capital Partners LLC raised its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,350.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,525 shares of the specialty retailer's stock after buying an additional 6,075 shares during the period. Impact Capital Partners LLC's holdings in O'Reilly Automotive were worth $588,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Congress Asset Management Co. increased its stake in O'Reilly Automotive by 1,385.2% in the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer's stock valued at $142,449,000 after purchasing an additional 1,474,068 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in O'Reilly Automotive by 1,403.1% in the second quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer's stock valued at $69,031,000 after purchasing an additional 714,953 shares during the last quarter. Nuveen LLC purchased a new position in shares of O'Reilly Automotive in the first quarter valued at $897,549,000. Argent Capital Management LLC raised its stake in shares of O'Reilly Automotive by 1,379.2% during the 2nd quarter. Argent Capital Management LLC now owns 607,131 shares of the specialty retailer's stock worth $54,721,000 after buying an additional 566,087 shares during the last quarter. Finally, Woodstock Corp boosted its position in shares of O'Reilly Automotive by 1,376.6% in the 2nd quarter. Woodstock Corp now owns 585,490 shares of the specialty retailer's stock worth $52,770,000 after buying an additional 545,839 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O'Reilly Automotive Stock Up 0.2%

Shares of NASDAQ:ORLY opened at $107.81 on Wednesday. The company has a market cap of $91.48 billion, a P/E ratio of 38.54, a P/E/G ratio of 2.84 and a beta of 0.60. The business has a fifty day simple moving average of $103.12 and a 200-day simple moving average of $95.40. O'Reilly Automotive, Inc. has a 52 week low of $75.93 and a 52 week high of $108.72.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, hitting the consensus estimate of $0.78. The firm had revenue of $4.53 billion for 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%.The firm's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Activity at O'Reilly Automotive

In related news, 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 transaction, the senior vice president directly owned 4,234 shares of the company's stock, valued at approximately $415,990.50. This trade represents a 87.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of O'Reilly Automotive stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the transaction, the senior vice president owned 10,305 shares in the company, valued at $1,056,674.70. The trade was a 89.57% decrease in their position. The disclosure for this sale can be found here. Over 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.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ORLY shares. Wells Fargo & Company lifted their target price on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. 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. Argus started coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price target for the company. BMO Capital Markets upped their price objective on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Finally, Wolfe Research started coverage on O'Reilly Automotive in a research note on Thursday, September 18th. They set an "outperform" rating and a $121.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $107.17.

About O'Reilly Automotive

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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