O'Reilly Automotive, Inc. $ORLY Shares Acquired by Campbell Newman Asset Management Inc.

Key Points

• Campbell Newman Asset Management Inc. increased its stake in O'Reilly Automotive by 1,400.0% during Q2, owning a total of 8,010 shares valued at approximately $722,000.
• O'Reilly Automotive's stock saw a recent increase of 1.4%, with a current market price around $107.55, while it has a 12-month high of $108.42.
• Insider transactions included SVP Carl David Wilbanks selling 88,485 shares, representing an 89.57% decrease in his position, alongside other significant sales by company directors.

Campbell Newman Asset Management Inc. raised its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,010 shares of the specialty retailer's stock after buying an additional 7,476 shares during the period. Campbell Newman Asset Management Inc.'s holdings in O'Reilly Automotive were worth $722,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Bank of Jackson Hole Trust acquired a new stake in shares of O'Reilly Automotive during the first quarter worth $25,000. HWG Holdings LP acquired a new stake in O'Reilly Automotive during the 1st quarter worth about $26,000. Oakworth Capital Inc. boosted its holdings in shares of O'Reilly Automotive by 1,257.1% in the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock worth $26,000 after buying an additional 264 shares during the period. ORG Partners LLC increased its position in shares of O'Reilly Automotive by 839.4% in the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock worth $28,000 after acquiring an additional 277 shares in the last quarter. Finally, HighMark Wealth Management LLC increased its position in shares of O'Reilly Automotive by 185.7% in the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after acquiring an additional 13 shares in the last quarter. Institutional investors own 85.00% of the company's stock.

Insider Activity

In related news, SVP Carl David Wilbanks sold 88,485 shares of the business's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Maria Sastre sold 595 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the sale, 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. Insiders have sold 125,635 shares of company stock valued at $12,740,916 over the last three months. 1.01% of the stock is currently owned by insiders.

O'Reilly Automotive Stock Up 1.4%

Shares of O'Reilly Automotive stock opened at $107.55 on Tuesday. O'Reilly Automotive, Inc. has a 12-month low of $75.93 and a 12-month high of $108.42. The stock has a 50 day moving average price of $102.87 and a two-hundred day moving average price of $95.31. The stock has a market capitalization of $91.26 billion, a P/E ratio of 38.45, a PEG ratio of 2.80 and a beta of 0.60.

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. 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%. The company's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the firm posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Wolfe Research started coverage on shares of O'Reilly Automotive in a research report on Thursday, September 18th. They issued an "outperform" rating and a $121.00 price target for the company. TD Cowen upped their price objective on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the company a "buy" rating in a research note on Monday, September 15th. DA Davidson boosted their price target on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a report on Friday, July 25th. Barclays reaffirmed an "equal weight" rating and issued a $86.00 price target on shares of O'Reilly Automotive in a research note on Friday, July 25th. Finally, Wells Fargo & Company lifted their price objective on O'Reilly Automotive from $103.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, O'Reilly Automotive has a consensus rating of "Buy" and a consensus target price of $107.17.

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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