Paragon Financial Partners Inc. lifted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,500 shares of the specialty retailer's stock after purchasing an additional 18,200 shares during the quarter. O'Reilly Automotive accounts for approximately 1.2% of Paragon Financial Partners Inc.'s portfolio, making the stock its 18th largest position. Paragon Financial Partners Inc.'s holdings in O'Reilly Automotive were worth $1,758,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of Jackson Hole Trust purchased a new position in shares of O'Reilly Automotive during the first quarter worth about $25,000. Oakworth Capital Inc. grew its holdings in shares of O'Reilly Automotive by 1,257.1% during the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock worth $26,000 after purchasing an additional 264 shares in the last quarter. HighMark Wealth Management LLC grew its holdings in shares of O'Reilly Automotive by 1,400.0% during the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer's stock worth $27,000 after purchasing an additional 280 shares in the last quarter. ORG Partners LLC grew its holdings in shares of O'Reilly Automotive by 839.4% during the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock worth $28,000 after purchasing an additional 277 shares in the last quarter. Finally, Elequin Capital LP purchased a new stake in O'Reilly Automotive in the first quarter worth approximately $30,000. Hedge funds and other institutional investors own 85.00% of the company's stock.
O'Reilly Automotive Stock Down 0.1%
Shares of O'Reilly Automotive stock opened at $101.21 on Thursday. The company has a market cap of $85.88 billion, a PE ratio of 36.18, a P/E/G ratio of 2.68 and a beta of 0.60. The business has a 50 day moving average of $103.73 and a 200 day moving average of $96.48. O'Reilly Automotive, Inc. has a 52 week low of $76.22 and a 52 week high of $108.71.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.02. The company had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $11.41 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on ORLY shares. JPMorgan Chase & Co. upped their target price on O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. Wells Fargo & Company set a $115.00 price objective on O'Reilly Automotive and gave the company an "overweight" rating in a research note on Wednesday, October 15th. Evercore ISI increased their price objective on O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. Mizuho set a $112.00 price objective on O'Reilly Automotive in a research note on Monday. Finally, TD Cowen increased their price objective on O'Reilly Automotive from $112.00 to $125.00 and gave the company a "buy" rating in a research note on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $110.04.
Check Out Our Latest Research Report on ORLY
Insiders Place Their Bets
In related news, Director Maria Sastre sold 595 shares of the company's stock in a transaction that occurred 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 transaction, the director owned 15,935 shares in the company, valued at $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Mark Joseph Merz sold 29,505 shares of the company's stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total value of $2,898,866.25. Following the transaction, the senior vice president owned 4,234 shares of the company's stock, valued at approximately $415,990.50. This represents a 87.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock worth $12,740,916 in the last ninety days. Insiders own 1.01% of the company's stock.
About O'Reilly Automotive
(
Free Report)
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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