Mutual of America Capital Management LLC Has $8.84 Million Stock Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• Mutual of America Capital Management LLC significantly increased its stake in O'Reilly Automotive by 1,365.2% during the second quarter, holding a total of 98,020 shares worth approximately $8.84 million.
• Insiders at O'Reilly Automotive have sold 125,635 shares in the last ninety days, totaling almost $12.74 million, with notable sales from Senior Vice President Carl David Wilbanks and Director Maria Sastre.
• Analysts have increased their target prices for O'Reilly Automotive, with a consensus average target price now at $109.12 and a consensus rating of "Moderate Buy" from multiple investment firms.

Mutual of America Capital Management LLC grew its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,365.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,020 shares of the specialty retailer's stock after buying an additional 91,330 shares during the quarter. Mutual of America Capital Management LLC's holdings in O'Reilly Automotive were worth $8,835,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ORLY. Bank of Jackson Hole Trust acquired a new stake in shares of O'Reilly Automotive during the first quarter worth approximately $25,000. HWG Holdings LP acquired a new stake in shares of O'Reilly Automotive during the first quarter worth approximately $26,000. Oakworth Capital Inc. boosted its holdings in shares of O'Reilly Automotive by 1,257.1% during the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock worth $26,000 after purchasing an additional 264 shares during the period. HighMark Wealth Management LLC boosted its holdings in shares of O'Reilly Automotive by 1,400.0% during the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer's stock worth $27,000 after purchasing an additional 280 shares during the period. Finally, ORG Partners LLC lifted its stake in O'Reilly Automotive by 839.4% in the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock valued at $28,000 after acquiring an additional 277 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Carl David Wilbanks sold 88,485 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, 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. This trade represents a 3.60% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on ORLY. Wolfe Research began coverage on shares of O'Reilly Automotive in a research note on Thursday, September 18th. They issued an "outperform" rating and a $121.00 target price for the company. Evercore ISI lifted their target price on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. JPMorgan Chase & Co. lifted their target price on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. BMO Capital Markets lifted their target price 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, Wells Fargo & Company set a $115.00 target price on shares of O'Reilly Automotive and gave the company an "overweight" rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, O'Reilly Automotive has a consensus rating of "Moderate Buy" and an average target price of $109.12.

O'Reilly Automotive Stock Up 0.4%

NASDAQ:ORLY opened at $101.60 on Monday. O'Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71. The firm has a market cap of $86.21 billion, a price-to-earnings ratio of 36.32, a P/E/G ratio of 2.68 and a beta of 0.60. The company's 50 day moving average is $103.82 and its 200-day moving average is $96.36.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting analysts' consensus estimates of $0.78. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. During the same quarter last year, the firm posted $10.55 earnings per share. The company'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. Research analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

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.

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