Signature Estate & Investment Advisors LLC Trims Stake in O'Reilly Automotive, Inc. $ORLY

Key Points

• Signature Estate & Investment Advisors LLC reduced its stake in O'Reilly Automotive by 55.4% during Q2, now holding 13,437 shares valued at approximately $1.2 million.
• Other institutional investors have significantly increased their positions, with William Blair Investment Management LLC boosting holdings by over 1,269% during the same quarter.
• O'Reilly Automotive's stock is currently rated as a Moderate Buy by analysts, who have set an average price target of $109.12 for the stock.

Signature Estate & Investment Advisors LLC reduced its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 55.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,437 shares of the specialty retailer's stock after selling 16,700 shares during the quarter. Signature Estate & Investment Advisors LLC's holdings in O'Reilly Automotive were worth $1,211,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of ORLY. William Blair Investment Management LLC increased its holdings in O'Reilly Automotive by 1,269.2% during the 2nd quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer's stock worth $319,428,000 after purchasing an additional 3,285,249 shares during the period. TD Asset Management Inc increased its holdings in O'Reilly Automotive by 1,214.0% during the 2nd quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer's stock worth $194,567,000 after purchasing an additional 1,994,449 shares during the period. Vaughan Nelson Investment Management L.P. increased its holdings in O'Reilly Automotive by 1,052.9% during 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 purchasing an additional 1,573,010 shares during the period. Congress Asset Management Co. increased its holdings in O'Reilly Automotive by 1,385.2% during 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. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of 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 valued at $125,150,000 after acquiring an additional 1,298,307 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O'Reilly Automotive Stock Up 0.4%

Shares of ORLY opened at $101.60 on Monday. The company has a market capitalization of $86.21 billion, a price-to-earnings ratio of 36.32, a PEG ratio of 2.68 and a beta of 0.60. O'Reilly Automotive, Inc. has a 52 week low of $76.22 and a 52 week high of $108.71. The stock's 50-day moving average price is $103.82 and its 200-day moving average price is $96.36.

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 analysts' consensus estimates of $0.78. The business had revenue of $4.53 billion during 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 business's revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Mark Joseph Merz sold 29,505 shares of the stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president owned 4,234 shares of the company's stock, valued at approximately $415,990.50. This represents a 87.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of the transaction, the senior vice president directly owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ORLY. DA Davidson lifted their price target on O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a report on Friday, July 25th. Guggenheim lifted their price target on O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a report on Friday, July 25th. Citigroup lifted their price target on O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a report on Friday, July 25th. Weiss Ratings reiterated a "buy (b)" rating on shares of O'Reilly Automotive in a report on Wednesday, October 8th. Finally, BMO Capital Markets lifted their price target on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, O'Reilly Automotive presently has an average rating of "Moderate Buy" and a consensus price target of $109.12.

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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