O'Reilly Automotive, Inc. $ORLY Shares Bought by HBW Advisory Services LLC

Key Points

• HBW Advisory Services LLC significantly increased its holdings in O'Reilly Automotive by 1,768.8% in the second quarter, owning 3,532 shares valued at approximately $318,000.
• O'Reilly Automotive's stock rating has generally been positive, with multiple brokerages raising their price targets and maintaining a consensus rating of "Buy".
• Insider trading activity has been noted, with significant sales from senior vice president and director, representing a decline in their ownership shares.

HBW Advisory Services LLC raised its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,768.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,532 shares of the specialty retailer's stock after acquiring an additional 3,343 shares during the period. HBW Advisory Services LLC's holdings in O'Reilly Automotive were worth $318,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $25,000. HWG Holdings LP acquired a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $26,000. HighMark Wealth Management LLC increased its holdings in shares of O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after buying an additional 13 shares during the last quarter. Elequin Capital LP acquired a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $30,000. Finally, Saudi Central Bank acquired a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $33,000. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Buying and Selling

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the sale, the senior vice president owned 12,826 shares of the company's stock, valued at $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction that occurred 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 completion of the transaction, the director owned 15,935 shares of the company's stock, valued at $1,630,309.85. This represents a 3.60% 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. 1.01% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ORLY. UBS Group raised their price target on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Guggenheim raised their price target on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, July 25th. DA Davidson lifted their target price 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 reiterated an "equal weight" rating and issued a $86.00 target price on shares of O'Reilly Automotive in a report on Friday, July 25th. Finally, Truist Financial lifted their target price on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $104.40.

O'Reilly Automotive Stock Down 0.3%

Shares of ORLY stock opened at $107.50 on Monday. The firm has a 50 day moving average of $100.11 and a two-hundred day moving average of $94.10. The stock has a market capitalization of $91.21 billion, a PE ratio of 38.43, a P/E/G ratio of 2.84 and a beta of 0.60. O'Reilly Automotive, Inc. has a 52 week low of $73.33 and a 52 week high of $108.42.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. The business had revenue of $4.53 billion for the quarter, compared to analysts' expectations of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The company's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the firm earned $10.55 earnings per share. 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.

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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