Mogy Joel R Investment Counsel Inc. Has $22.47 Million Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• Mogy Joel R Investment Counsel Inc. significantly increased its stake in O'Reilly Automotive by 1,386.7%, acquiring an additional 232,489 shares, bringing its total to 249,255 shares worth approximately $22.47 million.
• Analysts have raised their target prices for O'Reilly Automotive shares, with Guggenheim setting a new target at $110.00 and TD Cowen increasing theirs to $125.00, reflecting a consensus positive outlook.
• O'Reilly Automotive's stock price has experienced fluctuations, currently sitting around $104.55, with a 12-month high of $108.42 and a low of $73.33, indicating a robust market interest.

Mogy Joel R Investment Counsel Inc. boosted its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,386.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 249,255 shares of the specialty retailer's stock after buying an additional 232,489 shares during the quarter. O'Reilly Automotive makes up 1.3% of Mogy Joel R Investment Counsel Inc.'s holdings, making the stock its 24th biggest holding. Mogy Joel R Investment Counsel Inc.'s holdings in O'Reilly Automotive were worth $22,465,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Carolinas Wealth Consulting LLC boosted its holdings in shares of O'Reilly Automotive by 14.3% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock valued at $76,000 after purchasing an additional 8 shares during the period. Marcum Wealth LLC increased its position in shares of O'Reilly Automotive by 4.0% during the first quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer's stock worth $301,000 after purchasing an additional 8 shares in the last quarter. Adero Partners LLC increased its position in shares of O'Reilly Automotive by 1.9% in the 1st quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock valued at $609,000 after acquiring an additional 8 shares during the period. Avior Wealth Management LLC increased its position in shares of O'Reilly Automotive by 3.5% in the 1st quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock valued at $342,000 after acquiring an additional 8 shares during the period. Finally, Lindbrook Capital LLC boosted its holdings in O'Reilly Automotive by 2.6% in the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock valued at $448,000 after purchasing an additional 8 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

O'Reilly Automotive Price Performance

ORLY traded up $0.24 during trading hours on Friday, reaching $103.93. 10,047,562 shares of the stock traded hands, compared to its average volume of 4,166,746. The company has a market cap of $88.18 billion, a price-to-earnings ratio of 37.15, a PEG ratio of 2.74 and a beta of 0.60. O'Reilly Automotive, Inc. has a fifty-two week low of $73.33 and a fifty-two week high of $108.42. The firm's fifty day simple moving average is $101.37 and its two-hundred day simple moving average is $94.56.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, hitting analysts' consensus estimates of $0.78. The business had revenue of $4.53 billion for the quarter, compared to analysts' expectations of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business's quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, research analysts predict that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ORLY. Royal Bank Of Canada raised their target price on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. TD Cowen lifted their price objective on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a research report on Monday, September 15th. Citigroup boosted their price target on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, July 25th. BMO Capital Markets lifted their price objective on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Finally, UBS Group boosted their price target on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $107.17.

Insider Buying and Selling at O'Reilly Automotive

In related news, Director Maria Sastre sold 595 shares of the business's stock in a transaction that occurred on 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 directly owned 15,935 shares of the company's stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Mark Joseph Merz sold 5,050 shares of the business'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 transaction of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares of the company's stock, valued at $284,925.32. This represents a 63.71% 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 over the last quarter. Company 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.