RFG Advisory LLC Purchases 2,662 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• RFG Advisory LLC increased its stake in O'Reilly Automotive, Inc. (ORLY) by 650.9%, acquiring 2,662 shares, bringing its total holdings to 3,071 shares valued at approximately $277,000.
• Several institutional investors, including Vanguard Group and Prime Capital Investment Advisors, also increased their holdings significantly in O'Reilly Automotive during recent quarters.
• O'Reilly Automotive reported a net margin of 14.15% for the recent quarter, with earnings of $0.78 per share, slightly meeting market expectations.

RFG Advisory LLC grew its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 650.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,071 shares of the specialty retailer's stock after purchasing an additional 2,662 shares during the quarter. RFG Advisory LLC's holdings in O'Reilly Automotive were worth $277,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in O'Reilly Automotive by 1.5% during the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock worth $7,504,421,000 after acquiring an additional 75,125 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its stake in O'Reilly Automotive by 1,063.1% during the second quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer's stock worth $9,724,000 after acquiring an additional 98,616 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in O'Reilly Automotive by 33.9% during the first quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer's stock worth $836,357,000 after acquiring an additional 147,904 shares in the last quarter. First Merchants Corp boosted its stake in O'Reilly Automotive by 1,392.2% during the second quarter. First Merchants Corp now owns 102,875 shares of the specialty retailer's stock worth $9,272,000 after acquiring an additional 95,981 shares in the last quarter. Finally, CCM Investment Group LLC bought a new position in O'Reilly Automotive during the first quarter worth $4,672,000. 85.00% of the stock is owned by institutional investors.

Insider Activity

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the sale, the senior vice president owned 12,826 shares in the company, valued at $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Maria Sastre sold 595 shares of the 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 approximately $1,630,309.85. This represents a 3.60% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company's stock.

O'Reilly Automotive Price Performance

Shares of ORLY stock opened at $101.60 on Monday. The firm has a 50-day moving average of $103.82 and a 200-day moving average of $96.36. The company has a market cap of $86.21 billion, a P/E ratio of 36.32, a P/E/G ratio of 2.68 and a beta of 0.60. O'Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $4.53 billion during 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 for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $10.55 earnings per share. 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 fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. TD Cowen increased their target price on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a research note on Monday, September 15th. Royal Bank Of Canada raised their price objective on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Cowen reaffirmed a "buy" rating on shares of O'Reilly Automotive in a research note on Monday, September 15th. Finally, Truist Financial raised their price objective on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research note on Friday, July 25th. 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 company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price 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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