Joel Isaacson & Co. LLC Buys 3,713 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Joel Isaacson & Co. LLC increased its stake in O'Reilly Automotive by 1,417.2%, acquiring an additional 3,713 shares during the 2nd quarter, bringing their total holdings to 3,975 shares worth approximately $358,000.
• Several institutional investors significantly increased their positions in O'Reilly Automotive, with Vaughan Nelson Investment Management growing its stake by 1,052.9% to own 1,722,403 shares valued at $155.24 million.
• O'Reilly Automotive reported a revenue of $4.53 billion for the most recent quarter with earnings per share at $0.78, meeting analyst expectations.

Joel Isaacson & Co. LLC raised its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,417.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 3,975 shares of the specialty retailer's stock after purchasing an additional 3,713 shares during the period. Joel Isaacson & Co. LLC's holdings in O'Reilly Automotive were worth $358,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in ORLY. Vaughan Nelson Investment Management L.P. grew its holdings in O'Reilly Automotive by 1,052.9% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer's stock valued at $155,240,000 after buying an additional 1,573,010 shares in the last quarter. Congress Asset Management Co. lifted its stake in shares of 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 during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of O'Reilly Automotive by 1,438.7% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer's stock valued at $125,150,000 after purchasing an additional 1,298,307 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in shares of O'Reilly Automotive by 1,290.1% during the 2nd quarter. DAVENPORT & Co LLC now owns 1,132,357 shares of the specialty retailer's stock worth $101,627,000 after acquiring an additional 1,050,901 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of O'Reilly Automotive by 1,403.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer's stock worth $69,031,000 after acquiring an additional 714,953 shares during the last quarter. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Trading Down 1.4%

ORLY opened at $101.85 on Wednesday. The firm has a market cap of $86.42 billion, a price-to-earnings ratio of 36.41, a PEG ratio of 2.73 and a beta of 0.60. O'Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71. The stock has a fifty day moving average price of $103.79 and a 200-day moving average price of $95.91.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced 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. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. During the same period in the previous year, the business earned $10.55 EPS. 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 forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ORLY. Guggenheim increased their price target on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Royal Bank Of Canada increased their price target on O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. TD Cowen increased their price target on O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a research report on Monday, September 15th. Argus began coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price target on the stock. Finally, Wolfe Research began coverage on O'Reilly Automotive in a research report on Thursday, September 18th. They set an "outperform" rating and a $121.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, O'Reilly Automotive has a consensus rating of "Buy" and an average price target of $107.17.

Insiders Place Their Bets

In related news, Director Maria Sastre sold 595 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of the business's stock in a transaction 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 transaction, the senior vice president owned 10,305 shares in the company, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 in the last 90 days. Corporate insiders own 1.01% of the company's stock.

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.

Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.