Stony Point Capital LLC Invests $17.18 Million in O'Reilly Automotive, Inc. $ORLY

Key Points

• Stony Point Capital LLC acquired 11,993 shares of O'Reilly Automotive, valued at approximately $17.18 million, making it the 23rd largest holding in their portfolio.
• Analysts have raised their price targets for O'Reilly Automotive, with JPMorgan Chase increasing it from $101 to $113 and UBS Group from $105 to $115, reflecting strong market sentiment.
• The stock has seen a 5.9% year-over-year revenue increase, with a reported revenue of $4.53 billion in the last quarter, meeting analysts' expectations.

Stony Point Capital LLC bought a new stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,993 shares of the specialty retailer's stock, valued at approximately $17,181,000. O'Reilly Automotive comprises approximately 1.8% of Stony Point Capital LLC's investment portfolio, making the stock its 23rd biggest holding.

A number of other institutional investors also recently bought and sold shares of ORLY. GAMMA Investing LLC raised its position in shares of O'Reilly Automotive by 175,115.6% in the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after purchasing an additional 1,821,202 shares during the last quarter. Nuveen LLC acquired a new position in O'Reilly Automotive in the 1st quarter worth approximately $897,549,000. Wellington Management Group LLP increased its holdings in O'Reilly Automotive by 20.8% in the 1st quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer's stock worth $2,757,148,000 after buying an additional 330,964 shares during the period. Assenagon Asset Management S.A. raised its position in O'Reilly Automotive by 197.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 303,484 shares of the specialty retailer's stock worth $434,765,000 after buying an additional 201,356 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in O'Reilly Automotive by 33.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer's stock valued at $836,357,000 after acquiring an additional 147,904 shares during the period. 85.00% of the stock is currently owned by institutional investors.

O'Reilly Automotive Stock Performance

O'Reilly Automotive stock traded down $0.31 during midday trading on Monday, reaching $103.68. The company's stock had a trading volume of 2,952,643 shares, compared to its average volume of 4,305,795. O'Reilly Automotive, Inc. has a fifty-two week low of $73.11 and a fifty-two week high of $104.86. The stock's 50 day simple moving average is $96.98 and its 200 day simple moving average is $92.87. The firm has a market capitalization of $87.97 billion, a PE ratio of 36.66, a P/E/G ratio of 2.74 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, hitting 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 negative return on equity of 181.53% and a net margin of 14.15%.O'Reilly Automotive's revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities analysts predict that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on the company. DA Davidson increased their price objective on O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Truist Financial increased their price target on O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Barclays reaffirmed an "equal weight" rating and issued a $86.00 target price on shares of O'Reilly Automotive in a research report on Friday, July 25th. Evercore ISI increased their price objective on O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. Finally, Royal Bank Of Canada increased their price target on O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $104.40.

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 stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the sale, the senior vice president owned 10,305 shares of the company's stock, valued at $1,056,674.70. This 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 available at this hyperlink. Also, Director Maria Sastre sold 595 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the sale, the director 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 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 over the last 90 days. Company insiders own 1.01% of the company's stock.

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.