O'Reilly Automotive, Inc. $ORLY Shares Sold by Swedbank AB

Key Points

• Swedbank AB reduced its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY) by 17.9% in the first quarter, selling 6,054 shares and leaving it with 27,675 shares valued at approximately $39.65 million.
• Insiders, including senior vice president Carl David Wilbanks, sold over 125,000 shares of O'Reilly Automotive stock, totaling about $12.74 million in recent months.
• O'Reilly Automotive reported quarterly earnings matching estimates with an EPS of $0.78, while its revenue increased 5.9% year-over-year to $4.53 billion.

Swedbank AB lowered its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 17.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,675 shares of the specialty retailer's stock after selling 6,054 shares during the period. Swedbank AB's holdings in O'Reilly Automotive were worth $39,647,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bank Pictet & Cie Europe AG raised its position in shares of O'Reilly Automotive by 3.5% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer's stock valued at $41,848,000 after buying an additional 1,208 shares during the last quarter. Graham Capital Management L.P. acquired a new position in shares of O'Reilly Automotive in the fourth quarter valued at approximately $323,000. Gotham Asset Management LLC raised its position in shares of O'Reilly Automotive by 18.2% in the fourth quarter. Gotham Asset Management LLC now owns 423 shares of the specialty retailer's stock valued at $502,000 after buying an additional 65 shares during the last quarter. Royal Bank of Canada raised its position in shares of O'Reilly Automotive by 7.9% in the fourth quarter. Royal Bank of Canada now owns 300,789 shares of the specialty retailer's stock valued at $356,677,000 after buying an additional 22,070 shares during the last quarter. Finally, Silvercrest Asset Management Group LLC raised its position in shares of O'Reilly Automotive by 8.2% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 7,674 shares of the specialty retailer's stock valued at $9,100,000 after buying an additional 583 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Buying and Selling at O'Reilly Automotive

In other news, SVP Carl David Wilbanks sold 88,485 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the transaction, the senior vice president directly owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Maria Sastre sold 595 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 in the last ninety days. Corporate insiders own 1.01% of the company's stock.

O'Reilly Automotive Stock Down 0.3%

ORLY opened at $107.50 on Friday. O'Reilly Automotive, Inc. has a 52-week low of $73.33 and a 52-week high of $108.42. The company has a 50 day moving average of $100.11 and a two-hundred day moving average of $94.07. The company has a market cap of $91.21 billion, a P/E ratio of 38.43, a P/E/G ratio of 2.85 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (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 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 firm earned $10.55 earnings per share. 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. Research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on ORLY. Citigroup boosted their target price on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a report on Friday, July 25th. Argus began coverage on shares of O'Reilly Automotive in a report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 target price for the company. Evercore ISI boosted their target price on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a report on Tuesday, August 12th. Barclays restated an "equal weight" rating and issued a $86.00 target price on shares of O'Reilly Automotive in a report on Friday, July 25th. Finally, Guggenheim boosted their target price on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a report on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, O'Reilly Automotive presently has an average rating of "Buy" and a consensus price target of $104.40.

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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