O'Reilly Automotive, Inc. $ORLY Stake Boosted by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC grew its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,898.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,117 shares of the specialty retailer's stock after purchasing an additional 2,961 shares during the quarter. Ameritas Advisory Services LLC's holdings in O'Reilly Automotive were worth $281,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in ORLY. Moss Adams Wealth Advisors LLC bought a new position in shares of O'Reilly Automotive during the first quarter valued at approximately $213,000. Portside Wealth Group LLC acquired a new position in shares of O'Reilly Automotive during the first quarter worth approximately $222,000. CHICAGO TRUST Co NA boosted its position in shares of O'Reilly Automotive by 4.0% during the first quarter. CHICAGO TRUST Co NA now owns 315 shares of the specialty retailer's stock worth $451,000 after buying an additional 12 shares during the period. GAMMA Investing LLC boosted its position in shares of O'Reilly Automotive by 22.3% during the first quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer's stock worth $1,822,000 after buying an additional 232 shares during the period. Finally, Simplicity Wealth LLC acquired a new position in shares of O'Reilly Automotive during the first quarter worth approximately $343,000. 85.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. UBS Group boosted their price objective on O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Cowen reiterated a "buy" rating on shares of O'Reilly Automotive in a research report on Monday, September 15th. Wolfe Research started coverage on O'Reilly Automotive in a research report on Thursday, September 18th. They set an "outperform" rating and a $121.00 price objective for the company. Guggenheim upped their target price on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Finally, Citigroup upped their target price on O'Reilly Automotive from $104.00 to $114.00 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, eighteen have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $107.17.

O'Reilly Automotive Price Performance

NASDAQ:ORLY opened at $101.85 on Wednesday. The stock has a market cap of $86.42 billion, a PE ratio of 36.41, a price-to-earnings-growth ratio of 2.73 and a beta of 0.60. O'Reilly Automotive, Inc. has a fifty-two week low of $76.22 and a fifty-two week high of $108.71. The stock's 50-day moving average is $103.79 and its two-hundred day moving average is $95.91.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted 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 during the quarter, compared to analysts' expectations of $4.54 billion. During the same period last year, the company posted $10.55 earnings per share. The firm'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 anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Activity at O'Reilly Automotive

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the company's stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the transaction, the senior vice president directly owned 12,826 shares of the company's stock, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction on 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 of the company's stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. 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. 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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