O'Reilly Automotive, Inc. $ORLY Stock Position Lifted by Prime Capital Investment Advisors LLC

Key Points

• Prime Capital Investment Advisors LLC significantly increased its stake in O'Reilly Automotive by 1,063.1%, now holding nearly 108,000 shares valued at about $9.7 million.
• Multiple institutional investors also raised their positions in O'Reilly Automotive, with companies like Vaughan Nelson Investment Management and Congress Asset Management increasing their stakes by over 1,000%.
• O'Reilly Automotive's shares are currently valued at approximately $103.30, and the company has set its FY 2025 guidance at $2.850-2.950 EPS amidst growing analyst support.

Prime Capital Investment Advisors LLC boosted its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,063.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 107,892 shares of the specialty retailer's stock after buying an additional 98,616 shares during the quarter. Prime Capital Investment Advisors LLC's holdings in O'Reilly Automotive were worth $9,724,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of ORLY. Vaughan Nelson Investment Management L.P. boosted its position in O'Reilly Automotive by 1,052.9% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer's stock valued at $155,240,000 after purchasing an additional 1,573,010 shares during the last quarter. Congress Asset Management Co. raised its stake in shares of 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 purchasing an additional 1,474,068 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of O'Reilly Automotive by 1,438.7% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer's stock valued at $125,150,000 after buying an additional 1,298,307 shares during the last quarter. DAVENPORT & Co LLC grew its stake in shares of O'Reilly Automotive by 1,290.1% in the 2nd quarter. DAVENPORT & Co LLC now owns 1,132,357 shares of the specialty retailer's stock valued at $101,627,000 after buying an additional 1,050,901 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in O'Reilly Automotive by 1,403.1% in the second quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer's stock worth $69,031,000 after buying an additional 714,953 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Buying and Selling

In related news, Director Maria Sastre sold 595 shares of the firm'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 completion of the sale, the director directly owned 15,935 shares of the company's stock, valued at $1,630,309.85. This trade represents a 3.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Mark Joseph Merz sold 29,505 shares of the business's stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total value of $2,898,866.25. Following the completion of the transaction, the senior vice president directly owned 4,234 shares in the company, valued at approximately $415,990.50. This represents a 87.45% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is owned by insiders.

O'Reilly Automotive Trading Down 1.4%

Shares of NASDAQ:ORLY opened at $103.30 on Tuesday. The firm has a market capitalization of $87.65 billion, a PE ratio of 36.93, a PEG ratio of 2.77 and a beta of 0.60. O'Reilly Automotive, Inc. has a 1-year low of $76.22 and a 1-year high of $108.71. The business's 50 day moving average is $103.73 and its 200-day moving average is $95.86.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. The firm had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, sell-side analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ORLY. Royal Bank Of Canada upped their price target 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. 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. Cowen reissued a "buy" rating on shares of O'Reilly Automotive in a research report on Monday, September 15th. JPMorgan Chase & Co. boosted their price objective on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. Finally, Truist Financial raised their target price on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, O'Reilly Automotive currently has a consensus rating of "Buy" and an average price target of $107.17.

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.

Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.