Oxbow Advisors LLC Purchases 58,828 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Oxbow Advisors LLC significantly increased its stake in O'Reilly Automotive by 785.7% during the second quarter, now holding a total of 66,315 shares valued at approximately $5.98 million.
• In insider trading news, SVP Carl David Wilbanks sold 88,485 shares for over $9 million, marking an 89.57% decrease in his ownership.
• Analysts have raised target prices for O'Reilly Automotive with DA Davidson increasing its target from $107 to $115 and Argus setting a new target of $120, indicating a consensus rating of "Moderate Buy".

Oxbow Advisors LLC increased its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 785.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,315 shares of the specialty retailer's stock after acquiring an additional 58,828 shares during the quarter. Oxbow Advisors LLC's holdings in O'Reilly Automotive were worth $5,977,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. HWG Holdings LP bought a new stake in O'Reilly Automotive in the 1st quarter valued at $26,000. Bank of Jackson Hole Trust bought a new stake in O'Reilly Automotive in the 1st quarter valued at $25,000. HighMark Wealth Management LLC boosted its holdings in O'Reilly Automotive by 185.7% in the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock valued at $29,000 after purchasing an additional 13 shares during the period. Elequin Capital LP bought a new stake in O'Reilly Automotive in the 1st quarter valued at $30,000. Finally, Saudi Central Bank bought a new stake in O'Reilly Automotive in the 1st quarter valued at $33,000. Institutional investors own 85.00% of the company's stock.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Carl David Wilbanks sold 88,485 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the sale, the senior vice president owned 10,305 shares in the company, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 595 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the sale, the director owned 15,935 shares of the company's stock, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is owned by insiders.

O'Reilly Automotive Stock Down 0.9%

Shares of ORLY stock opened at $101.17 on Friday. The company has a market capitalization of $85.84 billion, a P/E ratio of 36.17, a P/E/G ratio of 2.70 and a beta of 0.60. O'Reilly Automotive, Inc. has a 12-month low of $76.22 and a 12-month high of $108.71. The firm has a 50-day moving average price of $103.86 and a 200 day moving average price of $96.30.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. The firm had revenue of $4.53 billion during the quarter, compared to analysts' expectations 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 last year, the company posted $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, research analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. DA Davidson increased their price target on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a report on Friday, July 25th. Evercore ISI raised their price objective on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a report on Tuesday, August 12th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of O'Reilly Automotive in a report on Wednesday, October 8th. 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 for the company. Finally, TD Cowen raised their price objective on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a report on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $109.12.

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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