117,046 Shares in O'Reilly Automotive, Inc. $ORLY Acquired by Jacobs Levy Equity Management Inc.

Key Points

• Jacobs Levy Equity Management Inc. recently acquired 117,046 shares of O'Reilly Automotive, valued at approximately $167.7 million, placing it as the firm’s 26th largest investment.
• Other hedge funds, including GAMMA Investing LLC, significantly increased their stakes in O'Reilly Automotive, with GAMMA boosting its holding by 175,115.6% in the first quarter.
• O'Reilly Automotive reported $4.53 billion in revenue for its last quarter, slightly below analysts' expectations, while the company set its FY 2025 earnings guidance to $2.850-2.950 EPS.

Jacobs Levy Equity Management Inc. acquired a new stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 117,046 shares of the specialty retailer's stock, valued at approximately $167,678,000. O'Reilly Automotive makes up 0.7% of Jacobs Levy Equity Management Inc.'s portfolio, making the stock its 26th biggest position. Jacobs Levy Equity Management Inc. owned about 0.21% of O'Reilly Automotive at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ORLY. GAMMA Investing LLC increased its stake in O'Reilly Automotive by 175,115.6% in the first quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after purchasing an additional 1,821,202 shares during the last quarter. Nuveen LLC acquired a new stake in O'Reilly Automotive during the first quarter worth about $897,549,000. Wellington Management Group LLP increased its stake in O'Reilly Automotive by 20.8% during the first quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer's stock worth $2,757,148,000 after acquiring an additional 330,964 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in O'Reilly Automotive by 197.2% during the first quarter. Assenagon Asset Management S.A. now owns 303,484 shares of the specialty retailer's stock worth $434,765,000 after acquiring an additional 201,356 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in O'Reilly Automotive by 33.9% during the first quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer's stock worth $836,357,000 after acquiring an additional 147,904 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Barclays restated an "equal weight" rating and set a $86.00 price target on shares of O'Reilly Automotive in a research note on Friday, July 25th. Wells Fargo & Company upped their price target 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. Citigroup upped their price target on O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. UBS Group upped their price target on O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Finally, Evercore ISI upped their price target 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 research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, O'Reilly Automotive currently has a consensus rating of "Buy" and a consensus target price of $104.40.

Insider Buying and Selling

In related news, SVP Carl David Wilbanks sold 88,485 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the sale, the senior vice president owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Mark Joseph Merz sold 5,050 shares of the firm's stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares in the company, valued at approximately $284,925.32. This trade represents a 63.71% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company's stock.

O'Reilly Automotive Stock Up 0.5%

NASDAQ:ORLY traded up $0.52 during trading hours on Tuesday, reaching $106.92. 3,516,598 shares of the stock were exchanged, compared to its average volume of 5,481,630. The firm has a 50 day simple moving average of $98.80 and a 200-day simple moving average of $93.60. O'Reilly Automotive, Inc. has a 52 week low of $73.11 and a 52 week high of $107.08. The stock has a market capitalization of $90.72 billion, a P/E ratio of 38.22, a P/E/G ratio of 2.77 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting 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 for the quarter, compared to the consensus estimate of $4.54 billion. During the same quarter last year, the business posted $10.55 EPS. O'Reilly Automotive's quarterly revenue was up 5.9% compared to the same quarter last year. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

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.