O'Reilly Automotive, Inc. $ORLY Shares Purchased by Bennett Selby Investments LP

Key Points

• Bennett Selby Investments LP increased its stake in O'Reilly Automotive by a remarkable 1,400.0%, acquiring a total of 2,520 shares worth approximately $227,000.
• Several institutional investors, including HB Wealth Management and Janney Montgomery Scott, also substantially increased their holdings in O'Reilly Automotive, reflecting a strong interest in the company's stock.
• O'Reilly Automotive recently reported earnings meeting analyst expectations, with a revenue of $4.53 billion, and has set its FY 2025 guidance at 2.850-2.950 EPS.

Bennett Selby Investments LP boosted its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 2,520 shares of the specialty retailer's stock after acquiring an additional 2,352 shares during the quarter. Bennett Selby Investments LP's holdings in O'Reilly Automotive were worth $227,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. HB Wealth Management LLC grew its stake in O'Reilly Automotive by 1,381.8% in the 2nd quarter. HB Wealth Management LLC now owns 73,157 shares of the specialty retailer's stock valued at $6,594,000 after acquiring an additional 68,220 shares during the period. Kavar Capital Partners Group LLC grew its stake in O'Reilly Automotive by 1,400.2% in the 2nd quarter. Kavar Capital Partners Group LLC now owns 111,285 shares of the specialty retailer's stock valued at $10,030,000 after acquiring an additional 103,867 shares during the period. Janney Montgomery Scott LLC grew its stake in O'Reilly Automotive by 1,433.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 318,703 shares of the specialty retailer's stock valued at $28,725,000 after acquiring an additional 297,924 shares during the period. Venture Visionary Partners LLC grew its stake in O'Reilly Automotive by 2,299.4% in the 2nd quarter. Venture Visionary Partners LLC now owns 11,085 shares of the specialty retailer's stock valued at $999,000 after acquiring an additional 10,623 shares during the period. Finally, Oakworth Capital Inc. grew its stake in O'Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock valued at $26,000 after acquiring an additional 264 shares during the period. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Stock Up 1.4%

NASDAQ ORLY opened at $107.55 on Tuesday. O'Reilly Automotive, Inc. has a 52 week low of $75.93 and a 52 week high of $108.42. The business's fifty day simple moving average is $102.87 and its 200-day simple moving average is $95.31. The firm has a market cap of $91.26 billion, a PE ratio of 38.45, a P/E/G ratio of 2.80 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted 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 for the quarter, compared to analyst estimates of $4.54 billion. During the same quarter in the previous year, the firm earned $10.55 EPS. The company's quarterly 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. Research analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on ORLY. Guggenheim raised their price objective on O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a report on Friday, July 25th. BMO Capital Markets raised their price objective on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Wolfe Research began coverage on O'Reilly Automotive in a report on Thursday, September 18th. They issued an "outperform" rating and a $121.00 price objective on the stock. DA Davidson raised their price objective on O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a report on Friday, July 25th. Finally, Argus began coverage on O'Reilly Automotive in a report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price objective on the stock. Two equities 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's stock. According to data from MarketBeat, O'Reilly Automotive presently has an average rating of "Buy" and an average price target of $107.17.

Insider Buying and Selling

In other news, Director Maria Sastre sold 595 shares of O'Reilly Automotive 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 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock worth $12,740,916 in the last quarter. 1.01% of the stock is currently owned by insiders.

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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