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

Key Points

• Plancorp LLC significantly increased its stake in O'Reilly Automotive by 1,399.0% during the second quarter, now owning 19,562 shares valued at approximately $1.76 million.
• Several analysts have raised their price targets for O'Reilly Automotive, with UBS Group setting a target of $115.00 and Argus at $120.00, indicating a strong overall Buy rating consensus for the stock.
• Despite recent sales by insiders, who sold over 125,000 shares, institutional investors hold 85.00% of O'Reilly Automotive's stock, suggesting strong institutional interest in the company.

Plancorp LLC raised its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,399.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,562 shares of the specialty retailer's stock after purchasing an additional 18,257 shares during the period. Plancorp LLC's holdings in O'Reilly Automotive were worth $1,763,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. HWG Holdings LP acquired a new position in O'Reilly Automotive during the first quarter worth approximately $26,000. Bank of Jackson Hole Trust acquired a new position in O'Reilly Automotive during the first quarter worth approximately $25,000. HighMark Wealth Management LLC increased its position in O'Reilly Automotive by 185.7% during the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 13 shares during the last quarter. Elequin Capital LP acquired a new position in O'Reilly Automotive during the first quarter worth approximately $30,000. Finally, Saudi Central Bank acquired a new position in O'Reilly Automotive during the first quarter worth approximately $33,000. Institutional investors and hedge funds own 85.00% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ORLY shares. UBS Group increased their price objective on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Argus started coverage on shares of O'Reilly Automotive in a research report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price objective for the company. DA Davidson increased their price objective on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Barclays reissued an "equal weight" rating and issued a $86.00 price objective on shares of O'Reilly Automotive in a research report on Friday, July 25th. Finally, 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. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, O'Reilly Automotive currently has a consensus rating of "Buy" and an average price target of $107.17.

O'Reilly Automotive Trading Down 0.3%

Shares of ORLY stock opened at $103.47 on Thursday. O'Reilly Automotive, Inc. has a twelve month low of $75.32 and a twelve month high of $108.42. The company has a market capitalization of $87.79 billion, a PE ratio of 36.99, a price-to-earnings-growth ratio of 2.74 and a beta of 0.60. The firm has a fifty day simple moving average of $102.07 and a 200-day simple moving average of $94.83.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued 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 net margin of 14.15% and a negative return on equity of 181.53%. The business had revenue of $4.53 billion for the quarter, compared to analysts' expectations of $4.54 billion. During the same quarter last year, the company posted $10.55 earnings per share. 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. Equities research analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling at O'Reilly Automotive

In related news, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the sale, 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 position. The sale was disclosed in a document filed with the SEC, which is available 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 sale, the senior vice president owned 12,826 shares in the company, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 125,635 shares of company stock valued at $12,740,916. Corporate insiders own 1.01% of the company's stock.

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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