Deane Retirement Strategies Inc. grew its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,430.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,866 shares of the specialty retailer's stock after purchasing an additional 53,151 shares during the period. O'Reilly Automotive makes up about 2.3% of Deane Retirement Strategies Inc.'s holdings, making the stock its 16th biggest position. Deane Retirement Strategies Inc.'s holdings in O'Reilly Automotive were worth $5,123,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in O'Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock worth $7,504,421,000 after purchasing an additional 75,125 shares during the period. Wellington Management Group LLP grew 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 worth $2,757,148,000 after acquiring an additional 330,964 shares during the period. GAMMA Investing LLC grew its holdings in shares of O'Reilly Automotive by 175,115.6% in the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock worth $2,610,507,000 after acquiring an additional 1,821,202 shares during the period. Farther Finance Advisors LLC grew 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 worth $69,031,000 after acquiring an additional 714,953 shares during the period. Finally, Amundi grew 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 worth $1,058,345,000 after acquiring an additional 32,917 shares during the period. Institutional investors and hedge funds own 85.00% of the company's stock.
O'Reilly Automotive Trading Down 0.1%
Shares of O'Reilly Automotive stock traded down $0.14 during trading hours on Tuesday, reaching $103.31. 3,162,943 shares of the company's stock were exchanged, compared to its average volume of 5,500,884. O'Reilly Automotive, Inc. has a 52-week low of $73.33 and a 52-week high of $108.42. The firm has a market capitalization of $87.66 billion, a price-to-earnings ratio of 36.93, a price-to-earnings-growth ratio of 2.74 and a beta of 0.60. The company has a fifty day moving average of $101.58 and a 200-day moving average of $94.71.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, hitting the consensus estimate of $0.78. The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business's quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the company posted $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, equities research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.
Insider Transactions at O'Reilly Automotive
In related news, SVP Mark Joseph Merz sold 29,505 shares of the stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total value of $2,898,866.25. Following the transaction, the senior vice president directly owned 4,234 shares of the company's stock, valued at approximately $415,990.50. This trade represents a 87.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Maria Sastre sold 595 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the transaction, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. This trade represents a 3.60% 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. Corporate insiders own 1.01% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the company. TD Cowen upped their price target on O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a report on Monday, September 15th. Wells Fargo & Company upped their price target on O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Argus assumed coverage on O'Reilly Automotive in a report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price target on the stock. Citigroup upped their price target on O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Finally, Wolfe Research assumed coverage on O'Reilly Automotive in a report on Thursday, September 18th. They set an "outperform" rating and a $121.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $107.17.
Get Our Latest Analysis on ORLY
O'Reilly Automotive Profile
(
Free Report)
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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