Atlas Brown Inc. raised its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,408.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,665 shares of the specialty retailer's stock after acquiring an additional 9,958 shares during the quarter. Atlas Brown Inc.'s holdings in O'Reilly Automotive were worth $961,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC raised its stake in O'Reilly Automotive by 175,115.6% during the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after acquiring an additional 1,821,202 shares during the last quarter. Nuveen LLC purchased a new stake in O'Reilly Automotive during the 1st quarter valued at approximately $897,549,000. Wellington Management Group LLP raised its stake in O'Reilly Automotive by 20.8% during the 1st quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer's stock valued at $2,757,148,000 after acquiring an additional 330,964 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in O'Reilly Automotive by 197.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 303,484 shares of the specialty retailer's stock valued at $434,765,000 after acquiring an additional 201,356 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in O'Reilly Automotive by 33.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer's stock valued at $836,357,000 after acquiring an additional 147,904 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.
O'Reilly Automotive Stock Down 0.3%
Shares of O'Reilly Automotive stock opened at $107.50 on Monday. The firm has a market cap of $91.21 billion, a PE ratio of 38.43, a P/E/G ratio of 2.84 and a beta of 0.60. The business's fifty day moving average is $100.11 and its two-hundred day moving average is $94.10. O'Reilly Automotive, Inc. has a fifty-two week low of $73.33 and a fifty-two week 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 for the quarter, hitting the consensus estimate of $0.78. The business had revenue of $4.53 billion for the quarter, compared to analyst estimates 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 last year, the company posted $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.
Insider Buying and Selling
In related news, SVP Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total value of $2,898,866.25. Following the completion of the transaction, the senior vice president directly owned 4,234 shares in the company, valued at approximately $415,990.50. This trade represents a 87.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares of the company's stock, valued at $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over 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 company insiders.
Analysts Set New Price Targets
ORLY has been the topic of a number of research reports. Royal Bank Of Canada upped their price target on O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Argus initiated coverage on O'Reilly Automotive in a report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price target on the stock. DA Davidson upped their price target on O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Citigroup upped their price target on O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Finally, Truist Financial upped their price target on O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, O'Reilly Automotive currently has a consensus rating of "Buy" and a consensus target price of $104.40.
Get Our Latest Analysis on ORLY
O'Reilly Automotive Company Profile
(
Free Report)
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.
Featured Stories
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider O'Reilly Automotive, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and O'Reilly Automotive wasn't on the list.
While O'Reilly Automotive currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
