12,858 Shares in O'Reilly Automotive, Inc. $ORLY Acquired by Kingstone Capital Partners Texas LLC

Key Points

• Kingstone Capital Partners Texas LLC has acquired a new position in O'Reilly Automotive, Inc., purchasing 12,858 shares valued at approximately $1,159,000.
• Insider activity includes sales by director Maria Sastre and SVP Shari Lynne Reaves, with a combined total of 125,635 shares sold over the last quarter.
• Brokerages have recently issued positive ratings on O'Reilly Automotive, with several firms setting new price targets and a consensus rating of "Buy" for the stock.

Kingstone Capital Partners Texas LLC acquired a new position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,858 shares of the specialty retailer's stock, valued at approximately $1,159,000.

Several other institutional investors have also added to or reduced their stakes in ORLY. GAMMA Investing LLC raised its stake in shares of 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 worth $2,610,507,000 after buying an additional 1,821,202 shares during the period. Nuveen LLC acquired a new stake in O'Reilly Automotive in the first quarter worth about $897,549,000. Woodstock Corp raised its stake in shares of O'Reilly Automotive by 1,376.6% during the 2nd quarter. Woodstock Corp now owns 585,490 shares of the specialty retailer's stock valued at $52,770,000 after buying an additional 545,839 shares during the last quarter. Swedbank AB raised its position in shares of O'Reilly Automotive by 1,463.0% during the 2nd quarter. Swedbank AB now owns 432,565 shares of the specialty retailer's stock worth $38,987,000 after purchasing an additional 404,890 shares during the last quarter. Finally, Sapient Capital LLC increased its position in O'Reilly Automotive by 1,378.3% during the second quarter. Sapient Capital LLC now owns 420,797 shares of the specialty retailer's stock worth $37,926,000 after purchasing an additional 392,333 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at O'Reilly Automotive

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Citigroup increased their target price on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. TD Cowen lifted their target price on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a report on Monday, September 15th. Truist Financial boosted their price target on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Wells Fargo & Company raised 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 note on Thursday, July 24th. Finally, Argus began coverage on shares of O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $107.17.

O'Reilly Automotive Stock Down 0.5%

Shares of O'Reilly Automotive stock traded down $0.48 during mid-day trading on Monday, hitting $103.45. The stock had a trading volume of 4,969,688 shares, compared to its average volume of 4,494,938. The firm has a market cap of $87.78 billion, a P/E ratio of 36.98, a price-to-earnings-growth ratio of 2.74 and a beta of 0.60. O'Reilly Automotive, Inc. has a 12-month low of $73.33 and a 12-month high of $108.42. The firm has a 50-day moving average of $101.37 and a two-hundred day moving average of $94.60.

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. The firm had revenue of $4.53 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm earned $10.55 EPS. 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 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.