O'Reilly Automotive, Inc. $ORLY Shares Purchased by Mather Group LLC.

Key Points

• Mather Group LLC increased its stake in O'Reilly Automotive by 1,412.8%, owning 6,490 shares valued at $585,000 after acquiring an additional 6,061 shares.
• Several institutional investors have significantly increased their positions in O'Reilly Automotive, with Foster Victor Wealth Advisors boosting their stake by 1,571.8%, now holding shares worth $20.8 million.
• O'Reilly Automotive reported earnings of $0.78 per share for its last quarter, meeting analysts' estimates, and has set its FY 2025 guidance between $2.850-$2.950 EPS.

Mather Group LLC. increased its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,412.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 6,490 shares of the specialty retailer's stock after purchasing an additional 6,061 shares during the period. Mather Group LLC.'s holdings in O'Reilly Automotive were worth $585,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Foster Victor Wealth Advisors LLC boosted its position in shares of O'Reilly Automotive by 1,571.8% during the second quarter. Foster Victor Wealth Advisors LLC now owns 224,737 shares of the specialty retailer's stock worth $20,806,000 after buying an additional 211,294 shares during the period. Public Employees Retirement System of Ohio lifted its stake in O'Reilly Automotive by 1,355.0% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 365,225 shares of the specialty retailer's stock worth $32,918,000 after acquiring an additional 340,124 shares in the last quarter. Financial Management Professionals Inc. boosted its holdings in O'Reilly Automotive by 1,400.0% during the 2nd quarter. Financial Management Professionals Inc. now owns 570 shares of the specialty retailer's stock valued at $51,000 after acquiring an additional 532 shares during the period. Ballentine Partners LLC grew its position in O'Reilly Automotive by 1,411.4% in the 2nd quarter. Ballentine Partners LLC now owns 25,558 shares of the specialty retailer's stock valued at $2,304,000 after acquiring an additional 23,867 shares in the last quarter. Finally, Cigna Investments Inc. New grew its position in O'Reilly Automotive by 1,348.2% in the 2nd quarter. Cigna Investments Inc. New now owns 8,472 shares of the specialty retailer's stock valued at $764,000 after acquiring an additional 7,887 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Trading Up 1.1%

O'Reilly Automotive stock opened at $104.58 on Friday. The stock has a market cap of $88.74 billion, a P/E ratio of 37.39, a price-to-earnings-growth ratio of 2.73 and a beta of 0.60. The company has a fifty day simple moving average of $102.33 and a 200-day simple moving average of $94.94. O'Reilly Automotive, Inc. has a 12-month low of $75.79 and a 12-month high of $108.42.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates 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 the consensus estimate of $4.54 billion. During the same period in the previous year, the business earned $10.55 EPS. O'Reilly Automotive'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, sell-side analysts forecast that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Activity at O'Reilly Automotive

In related news, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction on 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 transaction, the senior vice president directly owned 10,305 shares of the company's stock, valued at $1,056,674.70. This trade represents a 89.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Maria Sastre sold 595 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the sale, the director directly owned 15,935 shares of the company's stock, valued at approximately $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 three months, insiders have sold 125,635 shares of company stock valued at $12,740,916. Company insiders own 1.01% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ORLY. TD Cowen increased their price target on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a research report on Monday, September 15th. Cowen reiterated a "buy" rating on shares of O'Reilly Automotive in a report on Monday, September 15th. BMO Capital Markets boosted their price target on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Citigroup upped their price objective on O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Finally, Wolfe Research began coverage on O'Reilly Automotive in a report on Thursday, September 18th. They issued an "outperform" rating and a $121.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $107.17.

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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