Fruth Investment Management Purchases 4,200 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Fruth Investment Management significantly increased its holdings in O'Reilly Automotive, raising its position by 1,400.0% during the second quarter, acquiring an additional 4,200 shares for a total of $405,000.
• Insiders sold a total of 125,635 shares of O'Reilly Automotive in the last quarter, amounting to $12,740,916, resulting in a substantial decrease in their ownership percentages.
• Equities analysts have raised their price targets for O'Reilly Automotive, with the average target now at $107.17 and analysts generally rating the stock as a "Buy."

Fruth Investment Management boosted its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,500 shares of the specialty retailer's stock after acquiring an additional 4,200 shares during the quarter. Fruth Investment Management's holdings in O'Reilly Automotive were worth $405,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in ORLY. Vanguard Group Inc. increased its holdings 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 in the last quarter. Wellington Management Group LLP raised its position in 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 valued at $2,757,148,000 after buying an additional 330,964 shares during the last quarter. GAMMA Investing LLC raised its position in 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 valued at $2,610,507,000 after buying an additional 1,821,202 shares during the last quarter. Farther Finance Advisors LLC raised its position in 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 valued at $69,031,000 after buying an additional 714,953 shares during the last quarter. Finally, Amundi raised its position in O'Reilly Automotive by 4.7% in the 1st quarter. Amundi now owns 734,322 shares of the specialty retailer's stock valued at $1,058,345,000 after buying an additional 32,917 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. BMO Capital Markets increased 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. JPMorgan Chase & Co. increased their price target on O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Truist Financial increased their price target on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Cowen reaffirmed a "buy" rating on shares of O'Reilly Automotive in a research report on Monday, September 15th. Finally, Citigroup boosted their price target on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $107.17.

O'Reilly Automotive Stock Down 0.5%

ORLY traded down $0.48 during trading hours on Monday, hitting $103.45. The stock had a trading volume of 4,969,688 shares, compared to its average volume of 5,511,517. The company's fifty day simple moving average is $101.37 and its 200 day simple moving average is $94.60. O'Reilly Automotive, Inc. has a 1 year low of $73.33 and a 1 year high of $108.42. The stock has a market cap of $87.78 billion, a PE ratio of 36.98, a price-to-earnings-growth ratio of 2.74 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share 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 company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same quarter last year, the firm posted $10.55 EPS. The firm's revenue for the quarter 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. As a group, equities analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity

In other news, SVP Mark Joseph Merz sold 5,050 shares of the business's stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total transaction of $500,303.50. Following the completion of the transaction, the senior vice president directly owned 2,876 shares in the company, valued at $284,925.32. The trade was a 63.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 completion of the sale, the senior vice president owned 10,305 shares in the company, valued at $1,056,674.70. This trade represents a 89.57% decrease in their position. The disclosure for this sale can be found here. In the last three months, 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 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.