O'Reilly Automotive, Inc. $ORLY Shares Acquired by Pelham Capital Ltd.

Key Points

• Pelham Capital Ltd. dramatically increased its stake in O'Reilly Automotive by 1,284.4% during Q2, acquiring a total of 118,710 shares valued at approximately $10.7 million.
• Insiders sold a total of 125,635 shares of O'Reilly Automotive stock in the last 90 days, highlighting significant insider activity.
• The stock has a current average rating of "Buy" from analysts, with a consensus price target of $107.17, reflecting positive market sentiment.

Pelham Capital Ltd. boosted its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,284.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 118,710 shares of the specialty retailer's stock after purchasing an additional 110,135 shares during the quarter. O'Reilly Automotive comprises about 5.0% of Pelham Capital Ltd.'s holdings, making the stock its 8th biggest position. Pelham Capital Ltd.'s holdings in O'Reilly Automotive were worth $10,699,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Adero Partners LLC raised its position in shares of O'Reilly Automotive by 1.9% during the 1st quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock valued at $609,000 after buying an additional 8 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in shares of O'Reilly Automotive by 3.5% during the 1st quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock worth $342,000 after acquiring an additional 8 shares during the last quarter. Lindbrook Capital LLC lifted its holdings in shares of O'Reilly Automotive by 2.6% during the 1st quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock worth $448,000 after acquiring an additional 8 shares during the last quarter. Geneos Wealth Management Inc. raised its position in O'Reilly Automotive by 1.2% during the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer's stock valued at $953,000 after purchasing an additional 8 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators raised its position in O'Reilly Automotive by 3.2% during the first quarter. Deseret Mutual Benefit Administrators now owns 291 shares of the specialty retailer's stock valued at $417,000 after purchasing an additional 9 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 29,505 shares of the business's stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president directly owned 4,234 shares of the company's stock, valued at approximately $415,990.50. The trade was a 87.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maria Sastre sold 595 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock valued at $12,740,916 in the last 90 days. 1.01% of the stock is owned by company insiders.

O'Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $105.68 on Thursday. O'Reilly Automotive, Inc. has a 1 year low of $75.93 and a 1 year high of $108.71. The company has a market cap of $89.67 billion, a PE ratio of 37.78, a P/E/G ratio of 2.85 and a beta of 0.60. The stock's 50-day moving average is $103.33 and its 200 day moving average is $95.47.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.78. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. During the same quarter in the previous year, the business earned $10.55 EPS. O'Reilly Automotive's revenue was up 5.9% compared to the same quarter last year. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Cowen restated a "buy" rating on shares of O'Reilly Automotive in a research report on Monday, September 15th. Wolfe Research began coverage on O'Reilly Automotive in a report on Thursday, September 18th. They set an "outperform" rating and a $121.00 price objective on the stock. Evercore ISI lifted their price target on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 12th. JPMorgan Chase & Co. lifted 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 note on Monday, July 21st. Finally, Argus assumed coverage on shares of O'Reilly Automotive in a research note on Wednesday, August 13th. They set a "buy" rating and a $120.00 price target on the stock. Two research analysts have 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 data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $107.17.

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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