O'Reilly Automotive, Inc. $ORLY Shares Sold by Marshfield Associates

Key Points

• Marshfield Associates has reduced its stake in O'Reilly Automotive by 6.0%, now owning 287,917 shares, which accounts for 8.9% of its portfolio, making it the firm's 3rd largest position.
• Several large investors have significantly increased their holdings in O'Reilly, with GAMMA Investing LLC's investment growing by 175,115.6% during the first quarter.
• O'Reilly Automotive reported earnings of $0.78 per share for the last quarter, in line with analyst expectations, and experienced a revenue increase of 5.9% year-over-year.

Marshfield Associates reduced its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 6.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 287,917 shares of the specialty retailer's stock after selling 18,401 shares during the period. O'Reilly Automotive accounts for about 8.9% of Marshfield Associates' investment portfolio, making the stock its 3rd biggest position. Marshfield Associates owned about 0.50% of O'Reilly Automotive worth $412,464,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Graham Capital Management L.P. boosted its stake in O'Reilly Automotive by 194.1% during the first quarter. Graham Capital Management L.P. now owns 800 shares of the specialty retailer's stock valued at $1,146,000 after buying an additional 528 shares during the last quarter. MAI Capital Management boosted its stake in O'Reilly Automotive by 14.0% during the first quarter. MAI Capital Management now owns 840 shares of the specialty retailer's stock valued at $1,203,000 after buying an additional 103 shares during the last quarter. Saudi Central Bank bought a new position in O'Reilly Automotive during the first quarter valued at approximately $33,000. DRW Securities LLC bought a new position in O'Reilly Automotive during the first quarter valued at approximately $364,000. Finally, Baird Financial Group Inc. boosted its stake in O'Reilly Automotive by 5.7% during the first quarter. Baird Financial Group Inc. now owns 461,130 shares of the specialty retailer's stock valued at $660,606,000 after buying an additional 24,739 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

O'Reilly Automotive Stock Up 0.6%

ORLY stock traded up $0.65 during trading on Wednesday, hitting $103.84. 3,086,807 shares of the company's stock traded hands, compared to its average volume of 4,088,827. The firm has a market capitalization of $88.11 billion, a P/E ratio of 37.12, a PEG ratio of 2.74 and a beta of 0.60. The business has a fifty day simple moving average of $97.51 and a two-hundred day simple moving average of $93.06. O'Reilly Automotive, Inc. has a 1 year low of $73.11 and a 1 year high of $104.86.

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 (EPS) for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. O'Reilly Automotive's revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, equities research analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the transaction, the senior vice president directly owned 12,826 shares of the company's stock, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maria Sastre sold 595 shares of O'Reilly Automotive 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 completion of the transaction, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Royal Bank Of Canada upped their target price on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Evercore ISI upped 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 report on Tuesday, August 12th. DA Davidson upped their target price on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, July 25th. JPMorgan Chase & Co. increased their price objective on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. Finally, Argus initiated coverage on shares of O'Reilly Automotive in a research report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, O'Reilly Automotive has a consensus rating of "Buy" and an average target price of $104.40.

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.