O'Reilly Automotive, Inc. $ORLY Shares Bought by Toth Financial Advisory Corp

Key Points

• Toth Financial Advisory Corp significantly boosted its holdings in O'Reilly Automotive, acquiring 60,644 shares and increasing its stake by 1,401.5% to a total of 64,971 shares valued at approximately $5.86 million.
• In a recent quarter, several institutional investors, including GAMMA Investing LLC and Farther Finance Advisors LLC, made substantial increases in their positions in O'Reilly Automotive, showcasing growing interest in the stock as about 85% of shares are held by institutional investors.
• Analysts have issued numerous upgrades for O'Reilly Automotive, with the company receiving a consensus rating of "Buy" and various target prices ranging from $109 to $121.

Toth Financial Advisory Corp raised its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,401.5% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 64,971 shares of the specialty retailer's stock after acquiring an additional 60,644 shares during the period. Toth Financial Advisory Corp's holdings in O'Reilly Automotive were worth $5,856,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of O'Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock valued at $7,504,421,000 after purchasing an additional 75,125 shares during the last quarter. 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 acquiring an additional 330,964 shares in the last quarter. GAMMA Investing LLC grew its holdings in O'Reilly Automotive by 175,115.6% during 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 buying an additional 1,821,202 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in O'Reilly Automotive by 1,403.1% during the 2nd 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 in the last quarter. Finally, Amundi grew its holdings in O'Reilly Automotive by 4.7% during the 1st quarter. Amundi now owns 734,322 shares of the specialty retailer's stock valued at $1,058,345,000 after buying an additional 32,917 shares in the last quarter. Institutional investors own 85.00% of the company's stock.

Insider Transactions at O'Reilly Automotive

In other O'Reilly Automotive news, Director Maria Sastre sold 595 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the transaction, the director directly owned 15,935 shares of the company's stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Mark Joseph Merz sold 5,050 shares of the business's stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the transaction, the senior vice president directly owned 2,876 shares of the company's stock, valued at $284,925.32. The trade was a 63.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ORLY has been the subject of a number of research reports. Argus assumed coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 target price for the company. Royal Bank Of Canada lifted their target price on O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. BMO Capital Markets lifted their price objective on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 25th. JPMorgan Chase & Co. lifted their price objective on O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a report on Monday, July 21st. Finally, Truist Financial lifted their target price on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $107.17.

O'Reilly Automotive Stock Down 0.1%

Shares of O'Reilly Automotive stock traded down $0.11 on Tuesday, reaching $103.34. 3,100,153 shares of the stock were exchanged, compared to its average volume of 5,500,884. O'Reilly Automotive, Inc. has a twelve month low of $73.33 and a twelve month high of $108.42. The firm has a market capitalization of $87.68 billion, a price-to-earnings ratio of 36.91, a PEG ratio of 2.74 and a beta of 0.60. The business has a 50 day moving average price of $101.58 and a two-hundred day moving average price of $94.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting analysts' consensus estimates of $0.78. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. During the same quarter in the previous year, the company posted $10.55 earnings per share. The company's revenue 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. Research analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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.