O'Reilly Automotive, Inc. $ORLY Shares Bought by MassMutual Private Wealth & Trust FSB

Key Points

• MassMutual Private Wealth & Trust FSB significantly increased its shareholding in O'Reilly Automotive, raising its stake by 1,358.8% in the second quarter, now holding over 314,000 shares valued at approximately $28.3 million.
• O'Reilly Automotive's stock currently has a market capitalization of $90.19 billion and has shown a 5.9% year-over-year revenue growth, earning $4.53 billion for the latest quarter.
• Wall Street analysts have a consensus rating of "Buy" for O'Reilly Automotive, with a revised price target range from $86.00 to $120.00 following recent upgrades from several firms.

MassMutual Private Wealth & Trust FSB raised its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,358.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 314,267 shares of the specialty retailer's stock after acquiring an additional 292,724 shares during the quarter. MassMutual Private Wealth & Trust FSB's holdings in O'Reilly Automotive were worth $28,325,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank Pictet & Cie Europe AG increased its position in shares of O'Reilly Automotive by 3.5% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer's stock valued at $41,848,000 after buying an additional 1,208 shares in the last quarter. Gotham Asset Management LLC increased its position in shares of O'Reilly Automotive by 18.2% in the fourth quarter. Gotham Asset Management LLC now owns 423 shares of the specialty retailer's stock valued at $502,000 after buying an additional 65 shares in the last quarter. Silvercrest Asset Management Group LLC increased its position in shares of O'Reilly Automotive by 8.2% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 7,674 shares of the specialty retailer's stock valued at $9,100,000 after buying an additional 583 shares in the last quarter. Toronto Dominion Bank increased its position in shares of O'Reilly Automotive by 57.9% in the fourth quarter. Toronto Dominion Bank now owns 33,452 shares of the specialty retailer's stock valued at $39,667,000 after buying an additional 12,273 shares in the last quarter. Finally, Strategic Wealth Partners Ltd. purchased a new position in shares of O'Reilly Automotive in the fourth quarter valued at $228,000. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Stock Performance

Shares of ORLY stock opened at $106.29 on Tuesday. The firm has a market capitalization of $90.19 billion, a price-to-earnings ratio of 38.00, a price-to-earnings-growth ratio of 2.84 and a beta of 0.60. O'Reilly Automotive, Inc. has a one year low of $73.33 and a one year high of $108.42. The company has a 50 day moving average price of $100.38 and a 200 day moving average price of $94.20.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting analysts' consensus estimates of $0.78. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business posted $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling

In other O'Reilly Automotive news, 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 sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, August 6th. The stock was 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 in the company, valued at $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 125,635 shares of company stock valued at $12,740,916. Insiders own 1.01% of the company's stock.

Wall Street Analysts Forecast Growth

ORLY has been the subject of a number of research analyst reports. Wells Fargo & Company raised their price target on O'Reilly Automotive from $103.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Citigroup raised their price target on O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, July 25th. BMO Capital Markets raised their price target on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Barclays reiterated an "equal weight" rating and set a $86.00 price objective on shares of O'Reilly Automotive in a research report on Friday, July 25th. Finally, Argus began coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, O'Reilly Automotive currently has a consensus rating of "Buy" and a consensus price target of $106.36.

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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