O'Reilly Automotive, Inc. $ORLY Stock Holdings Boosted by Rockbridge Capital Management LLC

Key Points

• Rockbridge Capital Management LLC significantly increased its stake in O'Reilly Automotive, boosting its holdings by 1,394.8% during the second quarter, resulting in ownership of 173,460 shares valued at approximately $15.63 million.
• Multiple hedge funds including Vanguard Group Inc. and TD Asset Management Inc. also raised their positions in O'Reilly Automotive, demonstrating strong institutional interest with over 85% of the stock owned by hedge funds and institutional investors.
• O'Reilly Automotive has set its FY 2025 earnings guidance at $2.850-$2.950 EPS, as analysts project a current fiscal year EPS of $43.94 amid a recent stock performance decline of 0.9%.

Rockbridge Capital Management LLC grew its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,394.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 173,460 shares of the specialty retailer's stock after acquiring an additional 161,856 shares during the quarter. O'Reilly Automotive accounts for approximately 8.9% of Rockbridge Capital Management LLC's portfolio, making the stock its 5th largest holding. Rockbridge Capital Management LLC's holdings in O'Reilly Automotive were worth $15,634,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in O'Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock worth $7,504,421,000 after acquiring an additional 75,125 shares during the last quarter. TD Asset Management Inc boosted its holdings in O'Reilly Automotive by 1,214.0% during the 2nd quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer's stock worth $194,567,000 after acquiring an additional 1,994,449 shares during the last quarter. Wellington Management Group LLP boosted its holdings 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 worth $2,757,148,000 after acquiring an additional 330,964 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its holdings in O'Reilly Automotive by 1,052.9% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer's stock worth $155,240,000 after acquiring an additional 1,573,010 shares during the last quarter. Finally, Congress Asset Management Co. boosted its holdings in O'Reilly Automotive by 1,385.2% during the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer's stock worth $142,449,000 after acquiring an additional 1,474,068 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the company's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total transaction of $207,620.00. Following the sale, the senior vice president directly owned 12,826 shares in the company, valued at $1,331,467.06. This 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 company's stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total value of $500,303.50. Following the sale, the senior vice president owned 2,876 shares in the company, valued at approximately $284,925.32. This 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 125,635 shares of company stock valued at $12,740,916. Corporate insiders own 1.01% of the company's stock.

O'Reilly Automotive Stock Down 0.9%

Shares of ORLY opened at $102.12 on Thursday. The business's 50-day moving average price is $103.90 and its 200-day moving average price is $96.26. O'Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71. The stock has a market cap of $86.65 billion, a PE ratio of 36.51, a P/E/G ratio of 2.72 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share 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 firm had revenue of $4.53 billion for the quarter, compared to analysts' expectations of $4.54 billion. During the same period in the prior year, the business posted $10.55 earnings per share. The company's revenue 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. Analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Argus began coverage on shares of O'Reilly Automotive in a report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price objective on the stock. Barclays reiterated an "equal weight" rating and set a $86.00 target price on shares of O'Reilly Automotive in a research note on Friday, July 25th. Royal Bank Of Canada lifted their target price on O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Wells Fargo & Company set a $115.00 target price on O'Reilly Automotive and gave the stock an "overweight" rating in a research note on Wednesday. Finally, Cowen reiterated a "buy" rating on shares of O'Reilly Automotive in a research note on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, O'Reilly Automotive presently has an average rating of "Moderate Buy" and an average target price of $109.12.

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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