O'Reilly Automotive, Inc. $ORLY Shares Sold by Silvant Capital Management LLC

Key Points

• Silvant Capital Management LLC has decreased its holdings in O'Reilly Automotive by 53.3%, selling 3,114 shares, leaving them with 2,728 shares valued at approximately $3.91 million.
• Several institutional investors, including GAMMA Investing LLC, have significantly increased their stakes in the company, with GAMMA boosting its position by an astonishing 175,115.6% in the same quarter.
• Analysts have raised their price targets for O'Reilly Automotive, with targets now ranging from $86.00 to $120.00, suggesting a positive outlook for the company's stock.

Silvant Capital Management LLC decreased its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 53.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,728 shares of the specialty retailer's stock after selling 3,114 shares during the quarter. Silvant Capital Management LLC's holdings in O'Reilly Automotive were worth $3,908,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ORLY. GAMMA Investing LLC boosted its position in O'Reilly Automotive by 175,115.6% during 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 purchasing an additional 1,821,202 shares during the period. Nuveen LLC acquired a new position in O'Reilly Automotive during the 1st quarter valued at approximately $897,549,000. Wellington Management Group LLP boosted its position in O'Reilly Automotive by 20.8% during 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 purchasing an additional 330,964 shares during the period. Assenagon Asset Management S.A. boosted its position in O'Reilly Automotive by 197.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 303,484 shares of the specialty retailer's stock valued at $434,765,000 after purchasing an additional 201,356 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its position in O'Reilly Automotive by 33.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer's stock valued at $836,357,000 after purchasing an additional 147,904 shares during the period. Institutional investors and hedge funds own 85.00% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on ORLY shares. JPMorgan Chase & Co. boosted their price objective 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. BMO Capital Markets boosted their price objective 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. Evercore ISI boosted their price objective on O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research report on Tuesday, August 12th. Barclays reiterated an "equal weight" rating and set a $86.00 price target on shares of O'Reilly Automotive in a research report on Friday, July 25th. Finally, Argus assumed coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $104.40.

O'Reilly Automotive Stock Performance

ORLY opened at $103.18 on Wednesday. O'Reilly Automotive, Inc. has a one year low of $73.11 and a one year high of $104.86. The stock's fifty day moving average is $96.07 and its 200-day moving average is $92.52. The company has a market capitalization of $87.55 billion, a PE ratio of 36.89, a P/E/G ratio of 2.71 and a beta of 0.56.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 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 for the quarter, compared to the consensus estimate of $4.54 billion. During the same quarter in the previous year, the business earned $10.55 EPS. 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. On average, equities research analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Ramon Parises Odems sold 30,000 shares of the business's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $90.70, for a total value of $2,720,900.00. Following the sale, the senior vice president owned 240 shares of the company's stock, valued at approximately $21,767.20. The trade was a 99.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mark Joseph Merz sold 5,050 shares of the business'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 disclosure for this sale can be found here. In the last ninety days, insiders have sold 155,920 shares of company stock worth $15,487,502. 1.01% of the stock is owned by corporate insiders.

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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