PFW Advisors LLC raised its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,775 shares of the specialty retailer's stock after buying an additional 2,590 shares during the period. PFW Advisors LLC's holdings in O'Reilly Automotive were worth $250,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. HWG Holdings LP bought a new position in shares of O'Reilly Automotive during the first quarter worth about $26,000. Bank of Jackson Hole Trust bought a new position in shares of O'Reilly Automotive during the first quarter worth about $25,000. HighMark Wealth Management LLC grew its position in shares of O'Reilly Automotive by 185.7% during the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after acquiring an additional 13 shares during the last quarter. Elequin Capital LP bought a new position in shares of O'Reilly Automotive during the first quarter worth about $30,000. Finally, Saudi Central Bank acquired a new stake in O'Reilly Automotive in the first quarter worth about $33,000. 85.00% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other news, SVP Shari Lynne Reaves sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the sale, the senior vice president owned 12,826 shares of the company's stock, valued at $1,331,467.06. This trade represents a 13.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of O'Reilly Automotive stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the transaction, the senior vice president directly owned 10,305 shares in the company, valued at $1,056,674.70. This represents a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is owned by company insiders.
O'Reilly Automotive Stock Performance
ORLY stock traded up $0.24 during mid-day trading on Friday, hitting $103.93. 10,047,562 shares of the company were exchanged, compared to its average volume of 4,166,746. O'Reilly Automotive, Inc. has a 1-year low of $73.33 and a 1-year high of $108.42. The firm has a market cap of $88.18 billion, a P/E ratio of 37.15, a P/E/G ratio of 2.74 and a beta of 0.60. The firm's 50 day simple moving average is $101.37 and its 200 day simple moving average is $94.53.
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 (EPS) for the quarter, meeting analysts' consensus estimates of $0.78. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm's revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company earned $10.55 earnings per share. 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 fiscal year.
Analyst Ratings Changes
A number of brokerages have weighed in on ORLY. DA Davidson upped 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. JPMorgan Chase & Co. upped their price target on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a report on Monday, July 21st. Barclays reissued an "equal weight" rating and issued a $86.00 price target on shares of O'Reilly Automotive in a report on Friday, July 25th. Guggenheim upped their price target on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a report on Friday, July 25th. Finally, Evercore ISI upped their price objective on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $107.17.
Read Our Latest Stock Analysis on O'Reilly Automotive
O'Reilly Automotive Company Profile
(
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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