O'Reilly Automotive, Inc. $ORLY Shares Bought by Intrinsic Value Partners LLC

Key Points

• Intrinsic Value Partners LLC significantly increased its holdings in O'Reilly Automotive by over 1,219% in Q2, acquiring nearly 5,000 shares to value their holdings at approximately $447,000.
• Multiple large investors raised their stakes in O'Reilly Automotive during the same quarter, with Vaughan Nelson Investment Management increasing its holdings by over 1,052%, owning more than 1.7 million shares worth around $155 million.
• O'Reilly Automotive's stock (NASDAQ: ORLY) was reported down 0.2%, with the company's recent earnings hitting analyst estimates, reporting a $0.78 EPS and $4.53 billion in quarterly revenue.

Intrinsic Value Partners LLC increased its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,219.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,960 shares of the specialty retailer's stock after purchasing an additional 4,584 shares during the quarter. Intrinsic Value Partners LLC's holdings in O'Reilly Automotive were worth $447,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of ORLY. Vaughan Nelson Investment Management L.P. raised its holdings in O'Reilly Automotive by 1,052.9% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer's stock worth $155,240,000 after purchasing an additional 1,573,010 shares during the period. Congress Asset Management Co. raised its holdings in 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 worth $142,449,000 after purchasing an additional 1,474,068 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in O'Reilly Automotive by 1,438.7% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer's stock worth $125,150,000 after purchasing an additional 1,298,307 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of O'Reilly Automotive by 1,403.1% during the second quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer's stock valued at $69,031,000 after acquiring an additional 714,953 shares during the last quarter. Finally, Nuveen LLC acquired a new position in shares of O'Reilly Automotive during the first quarter valued at approximately $897,549,000. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Buying and Selling

In other news, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the sale, the senior vice president directly owned 10,305 shares in the company, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maria Sastre sold 595 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the sale, the director owned 15,935 shares in the company, valued at approximately $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock valued at $12,740,916 in the last three months. 1.01% of the stock is currently owned by insiders.

O'Reilly Automotive Stock Down 0.2%

ORLY opened at $104.79 on Friday. O'Reilly Automotive, Inc. has a 52 week low of $76.10 and a 52 week high of $108.71. The business has a fifty day simple moving average of $103.61 and a 200-day simple moving average of $95.68. The firm has a market cap of $88.91 billion, a P/E ratio of 37.46, a P/E/G ratio of 2.77 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same period last year, the business posted $10.55 earnings per share. The company's quarterly revenue 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. Sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ORLY shares. Wells Fargo & Company increased their target price on O'Reilly Automotive from $103.00 to $105.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Argus started coverage on O'Reilly Automotive in a report on Wednesday, August 13th. They set a "buy" rating and a $120.00 target price for the company. 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. Cowen reissued a "buy" rating on shares of O'Reilly Automotive in a report on Monday, September 15th. Finally, Evercore ISI increased their target price on O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a report on Tuesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $107.17.

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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