SGL Investment Advisors Inc. Purchases 42,726 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• SGL Investment Advisors Inc. increased its stake in O'Reilly Automotive by 1,428.5%, acquiring an additional 42,726 shares, bringing its total holdings to 45,717 shares worth approximately $4.19 million.
• A number of institutional investors, including Vaughan Nelson Investment Management and Congress Asset Management, significantly increased their holdings in O'Reilly Automotive, contributing to an overall ownership of 85% of the stock by institutional investors.
• O'Reilly Automotive's recent earnings report indicated a net margin of 14.15% and revenue of $4.53 billion, slightly below analyst estimates, while the company set its FY 2025 EPS guidance at 2.850-2.950.

SGL Investment Advisors Inc. increased its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,428.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,717 shares of the specialty retailer's stock after buying an additional 42,726 shares during the quarter. O'Reilly Automotive accounts for 2.0% of SGL Investment Advisors Inc.'s portfolio, making the stock its 20th largest position. SGL Investment Advisors Inc.'s holdings in O'Reilly Automotive were worth $4,190,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ORLY. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of O'Reilly Automotive by 1,052.9% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer's stock worth $155,240,000 after acquiring an additional 1,573,010 shares during the last quarter. Congress Asset Management Co. raised its position in O'Reilly Automotive by 1,385.2% in the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer's stock worth $142,449,000 after purchasing an additional 1,474,068 shares during the period. Robeco Institutional Asset Management B.V. raised its position in O'Reilly Automotive by 1,438.7% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer's stock worth $125,150,000 after purchasing an additional 1,298,307 shares during the period. DAVENPORT & Co LLC lifted its stake in O'Reilly Automotive by 1,290.1% in the second quarter. DAVENPORT & Co LLC now owns 1,132,357 shares of the specialty retailer's stock worth $101,627,000 after purchasing an additional 1,050,901 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in O'Reilly Automotive by 1,403.1% during the second quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer's stock valued at $69,031,000 after buying an additional 714,953 shares during the period. 85.00% of the stock is currently owned by institutional investors.

O'Reilly Automotive Trading Down 1.4%

Shares of O'Reilly Automotive stock opened at $103.30 on Tuesday. O'Reilly Automotive, Inc. has a 12-month low of $76.22 and a 12-month high of $108.71. The company has a market cap of $87.65 billion, a P/E ratio of 36.93, a PEG ratio of 2.77 and a beta of 0.60. The company's fifty day simple moving average is $103.73 and its two-hundred day simple moving average is $95.86.

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

Insider Transactions at O'Reilly Automotive

In other news, SVP Carl David Wilbanks sold 88,485 shares of the company's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the sale, the senior vice president directly owned 10,305 shares of the company's stock, valued at $1,056,674.70. This represents a 89.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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. Insiders sold a total of 125,635 shares of company stock worth $12,740,916 over the last 90 days. 1.01% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently commented on ORLY shares. JPMorgan Chase & Co. lifted their price objective on O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. Weiss Ratings reaffirmed a "buy (b)" rating on shares of O'Reilly Automotive in a research note on Saturday, September 27th. Royal Bank Of Canada increased their price objective on O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Wells Fargo & Company upped their price target on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Finally, Argus started coverage on shares of O'Reilly Automotive in a report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $107.17.

O'Reilly Automotive 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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