O'Reilly Automotive, Inc. $ORLY Shares Purchased by Fourpath Capital Management LLC

Key Points

• Fourpath Capital Management LLC dramatically increased its stake in O'Reilly Automotive by 1,384.8% in the second quarter, owning 40,432 shares valued at approximately $3.64 million.
• Several institutional investors, including Vaughan Nelson Investment Management and Congress Asset Management, also substantially raised their positions in O'Reilly Automotive, indicating strong institutional confidence in the company.
• The company's stock has seen a 12-month price range from $76.22 to $108.71, currently trading near $99.72, with a market capitalization of $84.61 billion.

Fourpath Capital Management LLC raised its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,384.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,432 shares of the specialty retailer's stock after purchasing an additional 37,709 shares during the period. Fourpath Capital Management LLC's holdings in O'Reilly Automotive were worth $3,644,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vaughan Nelson Investment Management L.P. increased its position in shares of O'Reilly Automotive by 1,052.9% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer's stock worth $155,240,000 after acquiring an additional 1,573,010 shares in the last quarter. Congress Asset Management Co. increased its position in shares of O'Reilly Automotive by 1,385.2% in the second quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer's stock worth $142,449,000 after acquiring an additional 1,474,068 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of O'Reilly Automotive by 1,438.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer's stock worth $125,150,000 after acquiring an additional 1,298,307 shares in the last quarter. DAVENPORT & Co LLC increased its position in shares of O'Reilly Automotive by 1,290.1% in the second quarter. DAVENPORT & Co LLC now owns 1,132,357 shares of the specialty retailer's stock worth $101,627,000 after acquiring an additional 1,050,901 shares in the last quarter. Finally, Blair William & Co. IL increased its position in shares of O'Reilly Automotive by 1,377.8% in the second quarter. Blair William & Co. IL now owns 1,079,612 shares of the specialty retailer's stock worth $97,305,000 after acquiring an additional 1,006,559 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Buying and Selling at O'Reilly Automotive

In other news, SVP Carl David Wilbanks sold 88,485 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the transaction, the senior vice president directly owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the transaction, the senior vice president directly 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 125,635 shares of company stock valued at $12,740,916. Corporate insiders own 1.01% of the company's stock.

O'Reilly Automotive Price Performance

NASDAQ ORLY opened at $99.72 on Friday. O'Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71. The company has a market capitalization of $84.61 billion, a price-to-earnings ratio of 35.65, a price-to-earnings-growth ratio of 2.66 and a beta of 0.60. The company's fifty day moving average price is $103.84 and its two-hundred day moving average price is $96.00.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting analysts' consensus estimates of $0.78. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. During the same period in the prior year, the firm posted $10.55 EPS. The firm's 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. As a group, analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on ORLY shares. Wells Fargo & Company increased their price objective on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Evercore ISI raised their price target on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a report on Tuesday, August 12th. Truist Financial raised their price target 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. Cowen reaffirmed a "buy" rating on shares of O'Reilly Automotive in a report on Monday, September 15th. Finally, UBS Group raised their price target on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus 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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