O'Reilly Automotive, Inc. $ORLY Holdings Lifted by Sowell Financial Services LLC

Key Points

• Sowell Financial Services LLC increased its stake in O'Reilly Automotive by an astonishing 1,464.2% in the second quarter, acquiring a total of 12,936 shares valued at $1.17 million.
• Analysts' sentiment remains positive, with many raising their target prices, including JPMorgan Chase & Co., which increased its target from $101.00 to $113.00 and rated the stock as "overweight."
• Insider selling has occurred, with notable transactions including SVP Mark Joseph Merz selling 5,050 shares and Carl David Wilbanks selling 88,485 shares, indicating a significant decrease in their positions.

Sowell Financial Services LLC boosted its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,464.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,936 shares of the specialty retailer's stock after buying an additional 12,109 shares during the quarter. Sowell Financial Services LLC's holdings in O'Reilly Automotive were worth $1,166,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Bank of Jackson Hole Trust bought a new position in O'Reilly Automotive during the first quarter valued at about $25,000. HWG Holdings LP acquired a new stake in shares of O'Reilly Automotive during the first quarter worth $26,000. HighMark Wealth Management LLC raised its position in shares of O'Reilly Automotive by 185.7% during the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 13 shares during the period. Elequin Capital LP acquired a new stake in shares of O'Reilly Automotive during the first quarter worth $30,000. Finally, Saudi Central Bank acquired a new stake in shares of O'Reilly Automotive during the first quarter worth $33,000. Institutional investors own 85.00% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their target price on O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. BMO Capital Markets boosted their target price on O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Barclays reaffirmed an "equal weight" rating and set a $86.00 target price on shares of O'Reilly Automotive in a research report on Friday, July 25th. Argus assumed coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 target price on the stock. Finally, UBS Group boosted their target price on O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $107.17.

Insiders Place Their Bets

In related news, SVP Mark Joseph Merz sold 5,050 shares of the 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 sale, the senior vice president directly owned 2,876 shares in the company, valued at $284,925.32. This represents a 63.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction on 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 completion of the transaction, the senior vice president owned 10,305 shares in the company, valued at $1,056,674.70. The trade was 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. Insiders own 1.01% of the company's stock.

O'Reilly Automotive Stock Up 0.3%

O'Reilly Automotive stock opened at $103.73 on Wednesday. The business has a 50 day moving average price of $101.83 and a two-hundred day moving average price of $94.77. The stock has a market cap of $88.01 billion, a price-to-earnings ratio of 37.08, a price-to-earnings-growth ratio of 2.73 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.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (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 business had revenue of $4.53 billion during the quarter, compared to analysts' expectations of $4.54 billion. During the same period in the prior year, the firm 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. On average, analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share 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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