O'Reilly Automotive, Inc. $ORLY Shares Purchased by Whittier Trust Co. of Nevada Inc.

Key Points

• Whittier Trust Co. of Nevada Inc. significantly increased its stake in O'Reilly Automotive, acquiring 122,427 additional shares, boosting its holdings by 1,449.5% to a total of 130,873 shares valued at approximately $11.8 million.
• Analysts have upgraded their price targets for O'Reilly Automotive, with firms like Citigroup and Truist Financial setting new targets ranging from $109.00 to $120.00, and the consensus price target now stands at $110.04.
• Insider trading activity has been notable, with key executives selling significant shares, totaling about $12.7 million in the last ninety days, indicating potential insider outlooks on the company's future performance.

Whittier Trust Co. of Nevada Inc. boosted its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,449.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 130,873 shares of the specialty retailer's stock after acquiring an additional 122,427 shares during the quarter. Whittier Trust Co. of Nevada Inc.'s holdings in O'Reilly Automotive were worth $11,795,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC boosted its stake in O'Reilly Automotive by 3.5% during the 1st quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock valued at $342,000 after purchasing an additional 8 shares in the last quarter. Lindbrook Capital LLC boosted its stake in O'Reilly Automotive by 2.6% during the 1st quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock valued at $448,000 after purchasing an additional 8 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in O'Reilly Automotive by 1.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer's stock valued at $953,000 after purchasing an additional 8 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its stake in O'Reilly Automotive by 3.2% during the 1st quarter. Deseret Mutual Benefit Administrators now owns 291 shares of the specialty retailer's stock valued at $417,000 after purchasing an additional 9 shares in the last quarter. Finally, Journey Strategic Wealth LLC boosted its stake in O'Reilly Automotive by 4.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 221 shares of the specialty retailer's stock valued at $317,000 after purchasing an additional 9 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have issued reports on ORLY. Evercore ISI increased their price target on O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. 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 note on Friday, July 25th. Citigroup increased their price target on O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Argus assumed coverage on O'Reilly Automotive in a research note on Wednesday, August 13th. They set a "buy" rating and a $120.00 price objective for the company. Finally, BMO Capital Markets raised their price objective on O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, O'Reilly Automotive has an average rating of "Moderate Buy" and a consensus price target of $110.04.

O'Reilly Automotive Stock Down 0.6%

ORLY opened at $100.97 on Tuesday. The firm has a market cap of $85.67 billion, a PE ratio of 36.10, a P/E/G ratio of 2.68 and a beta of 0.60. The business has a fifty day simple moving average of $103.77 and a 200-day simple moving average of $96.41. O'Reilly Automotive, Inc. has a fifty-two week low of $76.22 and a fifty-two week high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. The business had revenue of $4.53 billion during the quarter, compared to analysts' expectations of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.O'Reilly Automotive's revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the firm posted $10.55 earnings per share. 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 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the firm's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the sale, the senior vice president 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 sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Mark Joseph Merz sold 5,050 shares of the firm's stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares of the company's stock, valued at approximately $284,925.32. This trade represents a 63.71% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is currently owned by corporate insiders.

O'Reilly Automotive 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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