PFG Investments LLC Purchases 13,536 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• PFG Investments LLC significantly increased its stake in O'Reilly Automotive, Inc. by 1,807.2%, acquiring an additional 13,536 shares during the 2nd quarter, bringing its total holdings to 14,285 shares valued at approximately $1.29 million.
• O'Reilly Automotive's recent quarterly earnings met analyst expectations with $0.78 earnings per share and total revenue of $4.53 billion, reflecting a year-over-year increase of 5.9%.
• Analysts currently hold a consensus rating of "Buy" for O'Reilly Automotive, with an average price target of $107.17, following several recent upgrades from various research firms.

PFG Investments LLC increased its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,807.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,285 shares of the specialty retailer's stock after purchasing an additional 13,536 shares during the quarter. PFG Investments LLC's holdings in O'Reilly Automotive were worth $1,288,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new stake in O'Reilly Automotive during the first quarter worth $25,000. HWG Holdings LP purchased a new stake in shares of O'Reilly Automotive during the 1st quarter valued at $26,000. Oakworth Capital Inc. raised its stake in shares of O'Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock worth $26,000 after purchasing an additional 264 shares during the period. ORG Partners LLC boosted its holdings in shares of O'Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock worth $28,000 after buying an additional 277 shares during the last quarter. Finally, HighMark Wealth Management LLC boosted its holdings in shares of O'Reilly Automotive by 185.7% in the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after buying an additional 13 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

Analyst Upgrades and Downgrades

ORLY has been the topic of several research reports. Wolfe Research initiated coverage on shares of O'Reilly Automotive in a research report on Thursday, September 18th. They issued an "outperform" rating and a $121.00 price objective on the stock. Royal Bank Of Canada raised their price target on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Evercore ISI lifted their price target 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. DA Davidson upped their price objective on O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Finally, Argus assumed coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $107.17.

O'Reilly Automotive Trading Down 0.7%

ORLY opened at $104.97 on Friday. The stock has a market capitalization of $89.07 billion, a P/E ratio of 37.53, a PEG ratio of 2.79 and a beta of 0.60. The stock has a 50-day moving average price of $103.46 and a 200-day moving average price of $95.57. O'Reilly Automotive, Inc. has a 12-month low of $75.93 and a 12-month high of $108.71.

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

Insider Activity

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares of the company's stock, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maria Sastre sold 595 shares of O'Reilly Automotive 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 transaction, the director directly owned 15,935 shares of the company's stock, valued at approximately $1,630,309.85. This trade represents a 3.60% 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. Company insiders own 1.01% of the company's stock.

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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