O'Reilly Automotive, Inc. $ORLY Shares Sold by Fiduciary Management Inc. WI

Key Points

• Fiduciary Management Inc. WI reduced its holdings in O'Reilly Automotive by 4.6%, selling 5,560 shares, and now owns approximately $166 million worth of the stock.
• O'Reilly Automotive reported earnings of $0.78 per share for the latest quarter, matching analysts' expectations, with revenue of $4.53 billion, slightly below forecasts.
• Several analysts have raised their price targets for O'Reilly Automotive, with BMO Capital Markets setting a new target of $110.00 and Argus initiating coverage with a target of $120.00 and a "buy" rating.

Fiduciary Management Inc. WI lowered its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 4.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,122 shares of the specialty retailer's stock after selling 5,560 shares during the quarter. O'Reilly Automotive makes up about 1.6% of Fiduciary Management Inc. WI's holdings, making the stock its 26th largest holding. Fiduciary Management Inc. WI owned 0.20% of O'Reilly Automotive worth $166,354,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new position in shares of O'Reilly Automotive during the first quarter valued at approximately $25,000. HWG Holdings LP purchased a new stake in shares of O'Reilly Automotive in the first quarter valued at approximately $26,000. HighMark Wealth Management LLC lifted 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 buying an additional 13 shares in the last quarter. Elequin Capital LP acquired a new position in O'Reilly Automotive during the first quarter worth $30,000. Finally, Investment Management Corp VA ADV purchased a new stake in O'Reilly Automotive in the 4th quarter valued at $37,000. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Trading Down 1.1%

Shares of NASDAQ ORLY opened at $102.87 on Friday. The stock has a market cap of $87.29 billion, a P/E ratio of 36.77, a PEG ratio of 2.75 and a beta of 0.56. O'Reilly Automotive, Inc. has a 12-month low of $73.11 and a 12-month high of $104.86. The business's fifty day simple moving average is $95.25 and its 200-day simple moving average is $92.20.

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 (EPS) for the quarter, meeting 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 business had revenue of $4.53 billion for the quarter, compared to analysts' expectations of $4.54 billion. During the same period last year, the firm earned $10.55 earnings per share. The company's revenue for the quarter 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. On average, equities analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling

In other O'Reilly Automotive news, 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 sale, the senior vice president directly owned 2,876 shares in the company, valued at $284,925.32. This trade represents a 63.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of the firm's 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 completion of the sale, the senior vice president owned 10,305 shares in the company, valued at approximately $1,056,674.70. This represents a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 155,920 shares of company stock valued at $15,487,502 over the last 90 days. 1.01% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on ORLY. BMO Capital Markets upped their target price on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Argus initiated coverage on O'Reilly Automotive in a report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 target price for the company. Mizuho increased their price objective on O'Reilly Automotive from $93.3333 to $96.3333 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Royal Bank Of Canada increased their price objective on O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Finally, Truist Financial increased their price objective on O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $104.40.

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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