O'Reilly Automotive, Inc. $ORLY Shares Acquired by Legacy Private Trust Co.

Key Points

• Legacy Private Trust Co. significantly increased its stake in O'Reilly Automotive, Inc. by 1,400.0% in the second quarter, now owning 2,730 shares valued at $246,000.
• O'Reilly Automotive reported $4.53 billion in revenue for the recent quarter, with earnings per share hitting the consensus estimate of $0.78, while also projecting FY 2025 guidance at 2.850-2.950 EPS.
• Analysts have a positive outlook on O'Reilly Automotive with an average rating of "Buy" and a consensus price target of $106.36.

Legacy Private Trust Co. increased its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,730 shares of the specialty retailer's stock after acquiring an additional 2,548 shares during the period. Legacy Private Trust Co.'s holdings in O'Reilly Automotive were worth $246,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Quintet Private Bank Europe S.A. raised its stake in shares of O'Reilly Automotive by 1,400.0% in the second quarter. Quintet Private Bank Europe S.A. now owns 450 shares of the specialty retailer's stock valued at $41,000 after acquiring an additional 420 shares in the last quarter. Gradient Investments LLC raised its stake in shares of O'Reilly Automotive by 1,445.8% in the second quarter. Gradient Investments LLC now owns 36,234 shares of the specialty retailer's stock valued at $3,266,000 after acquiring an additional 33,890 shares in the last quarter. E. Ohman J or Asset Management AB acquired a new stake in shares of O'Reilly Automotive in the second quarter valued at $3,329,000. Parallel Advisors LLC raised its stake in shares of O'Reilly Automotive by 1,336.2% in the second quarter. Parallel Advisors LLC now owns 10,743 shares of the specialty retailer's stock valued at $968,000 after acquiring an additional 9,995 shares in the last quarter. Finally, Accelerate Investment Advisors LLC raised its stake in shares of O'Reilly Automotive by 1,454.4% in the second quarter. Accelerate Investment Advisors LLC now owns 2,829 shares of the specialty retailer's stock valued at $255,000 after acquiring an additional 2,647 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O'Reilly Automotive Stock Performance

Shares of ORLY stock opened at $106.29 on Tuesday. The stock's 50-day moving average is $100.38 and its two-hundred day moving average is $94.20. The firm has a market cap of $90.19 billion, a price-to-earnings ratio of 38.00, a PEG ratio of 2.84 and a beta of 0.60. O'Reilly Automotive, Inc. has a 1 year low of $73.33 and a 1 year high of $108.42.

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, hitting 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 negative return on equity of 181.53% and a net margin of 14.15%.The business's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter 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. As a group, research analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Transactions at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the firm's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total transaction of $207,620.00. Following the transaction, the senior vice president owned 12,826 shares of the company's stock, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of the 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 sale, 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 position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on ORLY shares. Guggenheim increased their price objective on O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Barclays reissued an "equal weight" rating and issued a $86.00 target price on shares of O'Reilly Automotive in a report on Friday, July 25th. UBS Group increased their target price on O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, July 24th. 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. Finally, BMO Capital Markets increased their target price on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, O'Reilly Automotive currently has an average rating of "Buy" and a consensus price target of $106.36.

O'Reilly Automotive 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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