O'Reilly Automotive, Inc. $ORLY is Eos Management L.P.'s 5th Largest Position

Key Points

• Eos Management L.P. significantly increased its stake in O'Reilly Automotive, raising its holdings by 1,878.8% during the second quarter, now owning 88,275 shares valued at approximately $7.96 million.
• O'Reilly Automotive received multiple buy ratings from analysts, with price targets raised by TD Cowen, Citigroup, and UBS Group, reflecting positive sentiment towards the stock.
• Insider trading activity was noted, with Director Maria Sastre and SVP Mark Joseph Merz selling a combined total of over 30,000 shares lately, indicating potential shifts in insider confidence.

Eos Management L.P. grew its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,878.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 88,275 shares of the specialty retailer's stock after purchasing an additional 83,814 shares during the period. O'Reilly Automotive makes up approximately 3.4% of Eos Management L.P.'s holdings, making the stock its 5th largest position. Eos Management L.P.'s holdings in O'Reilly Automotive were worth $7,956,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC increased its position in shares of O'Reilly Automotive by 22.3% during the first quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer's stock valued at $1,822,000 after acquiring an additional 232 shares in the last quarter. Avior Wealth Management LLC increased its position in shares of O'Reilly Automotive by 3.5% during the first 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 in the last quarter. Advisor Resource Council bought a new stake in shares of O'Reilly Automotive during the first quarter valued at approximately $357,000. EWA LLC bought a new stake in shares of O'Reilly Automotive during the first quarter valued at approximately $228,000. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of O'Reilly Automotive during the first quarter valued at approximately $222,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on ORLY. Weiss Ratings reissued a "buy (b)" rating on shares of O'Reilly Automotive in a research report on Wednesday, October 8th. TD Cowen raised their price target on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the company a "buy" rating in a research report on Monday, September 15th. Citigroup raised 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. UBS Group reissued a "buy" rating and set a $120.00 price target (up previously from $115.00) on shares of O'Reilly Automotive in a research report on Wednesday. Finally, DA Davidson lifted their target price on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $109.12.

Insider Activity

In related news, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction 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 owned 15,935 shares in the company, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president owned 4,234 shares in the company, valued at approximately $415,990.50. This trade represents a 87.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock worth $12,740,916 in the last quarter. Corporate insiders own 1.01% of the company's stock.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock opened at $101.60 on Monday. The company's fifty day simple moving average is $103.82 and its 200-day simple moving average is $96.36. The stock has a market capitalization of $86.21 billion, a PE ratio of 36.32, a P/E/G ratio of 2.68 and a beta of 0.60. O'Reilly Automotive, Inc. has a 1-year low of $76.22 and a 1-year high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly 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. The business had revenue of $4.53 billion for the quarter, compared to analysts' expectations of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company's revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the company posted $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

O'Reilly Automotive 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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