Private Trust Co. NA Purchases 5,195 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Private Trust Co. NA significantly increased its holdings in O'Reilly Automotive by purchasing an additional 5,195 shares, bringing its total to 5,731 shares valued at approximately $516,000.
• O'Reilly Automotive's stock price has seen upward trends, opening at $101.60, with a 52-week range between $76.22 and $108.71.
• Several hedge funds and institutional investors are active in O'Reilly Automotive, with 85% of shares currently held by these entities, indicating strong institutional interest in the company.

Private Trust Co. NA increased its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 969.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,731 shares of the specialty retailer's stock after purchasing an additional 5,195 shares during the period. Private Trust Co. NA's holdings in O'Reilly Automotive were worth $516,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of ORLY. GAMMA Investing LLC raised its stake in O'Reilly Automotive by 22.3% during the first quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer's stock worth $1,822,000 after acquiring an additional 232 shares in the last quarter. Avior Wealth Management LLC raised its stake in O'Reilly Automotive by 3.5% during the first quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock worth $342,000 after acquiring an additional 8 shares in the last quarter. Advisor Resource Council acquired a new position in O'Reilly Automotive during the first quarter worth $357,000. EWA LLC acquired a new position in O'Reilly Automotive during the first quarter worth $228,000. Finally, CYBER HORNET ETFs LLC acquired a new position in O'Reilly Automotive during the first quarter worth $222,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O'Reilly Automotive Stock Up 0.4%

O'Reilly Automotive stock opened at $101.60 on Monday. The business's 50-day simple moving average is $103.82 and its 200 day simple moving average is $96.36. The stock has a market cap of $86.21 billion, a price-to-earnings ratio of 36.32, a P/E/G ratio of 2.68 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.

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, meeting the consensus estimate of $0.78. The business 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%.The firm's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business earned $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling

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 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 owned 10,305 shares in the company, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mark Joseph Merz sold 29,505 shares of the firm's stock in a transaction dated 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 transaction, the senior vice president owned 4,234 shares in the company, valued at approximately $415,990.50. This trade represents a 87.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock worth $12,740,916 in the last ninety days. 1.01% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have issued reports on ORLY. JPMorgan Chase & Co. increased their price objective 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. Guggenheim increased their target price on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, July 25th. UBS Group restated a "buy" rating and set a $120.00 target price (up previously from $115.00) on shares of O'Reilly Automotive in a report on Wednesday. TD Cowen increased their target price on O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a report on Monday, September 15th. Finally, Wells Fargo & Company set a $115.00 target price on O'Reilly Automotive and gave the stock an "overweight" rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $109.12.

About O'Reilly Automotive

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.