O'Reilly Automotive, Inc. $ORLY Shares Acquired by Insight Advisors LLC PA

Key Points

• Insight Advisors LLC PA significantly increased its stake in O'Reilly Automotive, raising its holdings by 1,430.4% to 2,770 shares, worth approximately $250,000 as of the latest filing.
• O'Reilly Automotive reported an earnings per share (EPS) of $0.85 for the quarter, beating estimates of $0.83 and achieving a revenue of $4.71 billion, up 7.8% year-over-year.
• Analysts have raised their price targets for O'Reilly Automotive, with many giving it a “buy” rating and an average price target of $111.12.

Insight Advisors LLC PA boosted its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,430.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,770 shares of the specialty retailer's stock after purchasing an additional 2,589 shares during the quarter. Insight Advisors LLC PA's holdings in O'Reilly Automotive were worth $250,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new position in O'Reilly Automotive in the 1st quarter valued at $25,000. Oakworth Capital Inc. grew its position in O'Reilly Automotive by 1,257.1% during the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock valued at $26,000 after acquiring an additional 264 shares during the period. HighMark Wealth Management LLC grew its position in O'Reilly Automotive by 1,400.0% during the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer's stock valued at $27,000 after acquiring an additional 280 shares during the period. ORG Partners LLC raised its holdings in shares of O'Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock worth $28,000 after purchasing an additional 277 shares during the period. Finally, Elequin Capital LP acquired a new position in O'Reilly Automotive during the first quarter valued at approximately $30,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O'Reilly Automotive Stock Down 2.9%

ORLY stock opened at $98.27 on Friday. The stock has a market cap 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. The firm's 50-day simple moving average is $103.66 and its 200 day simple moving average is $96.55. O'Reilly Automotive, Inc. has a fifty-two week low of $76.22 and a fifty-two week high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, topping the consensus estimate of $0.83 by $0.02. O'Reilly Automotive had a net margin of 14.23% and a negative return on equity of 190.20%. The firm had revenue of $4.71 billion during the quarter, compared to analysts' expectations of $4.69 billion. During the same quarter in the prior year, the firm earned $11.41 EPS. O'Reilly Automotive's quarterly revenue was up 7.8% on a year-over-year basis. O'Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Equities analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ORLY shares. DA Davidson lifted their price objective on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, July 25th. JPMorgan Chase & Co. raised their price target 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. BMO Capital Markets upped their price target on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Mizuho set a $112.00 target price on shares of O'Reilly Automotive in a research report on Monday. Finally, TD Cowen upped their target price 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. 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 stock. Based on data from MarketBeat.com, O'Reilly Automotive has a consensus rating of "Moderate Buy" and an average price target of $111.12.

Insiders Place Their Bets

In related news, SVP Mark Joseph Merz sold 5,050 shares of the company's stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the sale, the senior vice president owned 2,876 shares of the company's stock, valued at $284,925.32. This represents a 63.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of the firm's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the transaction, the senior vice president directly owned 12,826 shares in the company, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 over the last 90 days. Insiders own 1.01% of the company's stock.

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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