O'Reilly Automotive, Inc. $ORLY Shares Bought by Consolidated Portfolio Review Corp

Key Points

• Consolidated Portfolio Review Corp significantly increased its stake in O'Reilly Automotive by 1,967.1%, acquiring 6,780 shares worth approximately $611,000.
• Several hedge funds, including Vanguard Group Inc and Wellington Management Group LLP, also raised their holdings in O'Reilly Automotive, contributing to 85% of the stock being owned by institutional investors.
• O'Reilly Automotive reported revenue of $4.53 billion for the last quarter, a year-over-year increase of 5.9%, with an earnings per share (EPS) of $0.78, meeting analysts' expectations.

Consolidated Portfolio Review Corp boosted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,967.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,780 shares of the specialty retailer's stock after buying an additional 6,452 shares during the quarter. Consolidated Portfolio Review Corp's holdings in O'Reilly Automotive were worth $611,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in ORLY. Vanguard Group Inc. raised its holdings in shares of O'Reilly Automotive by 1.5% in 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 purchasing an additional 75,125 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of O'Reilly Automotive by 20.8% in 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 purchasing an additional 330,964 shares in the last quarter. Congress Asset Management Co. raised its holdings in shares of O'Reilly Automotive by 1,385.2% in the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer's stock valued at $142,449,000 after purchasing an additional 1,474,068 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of O'Reilly Automotive by 1,403.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer's stock valued at $69,031,000 after purchasing an additional 714,953 shares in the last quarter. Finally, Amundi raised its holdings in shares of O'Reilly Automotive by 4.7% in the 1st quarter. Amundi now owns 734,322 shares of the specialty retailer's stock valued at $1,058,345,000 after purchasing an additional 32,917 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Citigroup raised their price objective on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a report on Friday, July 25th. DA Davidson raised their price objective 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 restated an "equal weight" rating and issued a $86.00 price objective on shares of O'Reilly Automotive in a report on Friday, July 25th. Guggenheim increased their target price on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Finally, Royal Bank Of Canada increased their target price on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, O'Reilly Automotive presently has an average rating of "Buy" and a consensus target price of $107.17.

O'Reilly Automotive Stock Performance

Shares of O'Reilly Automotive stock 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 capitalization of $89.67 billion, a P/E ratio of 37.78, a PEG ratio of 2.85 and a beta of 0.60. The company's fifty day moving average is $103.33 and its two-hundred day moving average is $95.47.

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. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. During the same period last year, the firm posted $10.55 EPS. O'Reilly Automotive's revenue for the quarter was up 5.9% on a year-over-year basis. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Carl David Wilbanks sold 88,485 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the transaction, the senior vice president directly owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Maria Sastre sold 595 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was 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 $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. Over the last 90 days, insiders sold 125,635 shares of company stock valued at $12,740,916. Company insiders own 1.01% of the company's stock.

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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