O'Reilly Automotive, Inc. $ORLY Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. increased its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,567.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,972 shares of the specialty retailer's stock after acquiring an additional 54,495 shares during the period. D.A. Davidson & CO.'s holdings in O'Reilly Automotive were worth $5,225,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in O'Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock valued at $7,504,421,000 after buying an additional 75,125 shares during the last quarter. William Blair Investment Management LLC grew its holdings in O'Reilly Automotive by 1,269.2% during the 2nd quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer's stock valued at $319,428,000 after buying an additional 3,285,249 shares during the last quarter. TD Asset Management Inc grew its holdings in O'Reilly Automotive by 1,214.0% during the 2nd quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer's stock valued at $194,567,000 after buying an additional 1,994,449 shares during the last quarter. Wellington Management Group LLP grew its holdings 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 buying an additional 330,964 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. grew its holdings in O'Reilly Automotive by 1,052.9% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer's stock valued at $155,240,000 after buying an additional 1,573,010 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Price Performance

NASDAQ:ORLY opened at $98.27 on Friday. The business's 50-day moving average is $103.66 and its two-hundred day moving average is $96.55. O'Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71. The firm has a market capitalization of $83.38 billion, a PE ratio of 34.04, a price-to-earnings-growth ratio of 2.67 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating the consensus estimate of $0.83 by $0.02. O'Reilly Automotive had a negative return on equity of 190.20% and a net margin of 14.23%.The company had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. During the same period last year, the company posted $11.41 earnings per share. The firm's revenue was up 7.8% compared to the same quarter last year. O'Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Equities analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Transactions at O'Reilly Automotive

In related news, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the transaction, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. This trade represents a 3.60% 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 Carl David Wilbanks sold 88,485 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 13th. The stock was 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 of the company's stock, valued at $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock valued at $12,740,916 over the last ninety days. 1.01% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

ORLY has been the topic of a number of analyst reports. Guggenheim increased their target price on O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a report on Friday, July 25th. Truist Financial increased their target price on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a report on Friday, July 25th. Morgan Stanley raised their price objective on O'Reilly Automotive from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Thursday. Weiss Ratings restated a "buy (b)" rating on shares of O'Reilly Automotive in a report on Wednesday, October 8th. Finally, Evercore ISI increased their target price on O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $111.12.

About O'Reilly Automotive

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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