Toth Financial Advisory Corp Acquires 60,644 Shares of O'Reilly Automotive, Inc. $ORLY

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 increased its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,401.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,971 shares of the specialty retailer's stock after purchasing an additional 60,644 shares during the quarter. Toth Financial Advisory Corp's holdings in O'Reilly Automotive were worth $5,856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of ORLY. GAMMA Investing LLC raised its holdings in 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 worth $2,610,507,000 after acquiring an additional 1,821,202 shares during the last quarter. Farther Finance Advisors LLC grew its position in O'Reilly Automotive by 1,403.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer's stock worth $69,031,000 after purchasing an additional 714,953 shares during the period. Nuveen LLC bought a new stake in shares of O'Reilly Automotive during the 1st quarter valued at $897,549,000. Woodstock Corp grew its position in shares of O'Reilly Automotive by 1,376.6% during the 2nd quarter. Woodstock Corp now owns 585,490 shares of the specialty retailer's stock valued at $52,770,000 after acquiring an additional 545,839 shares during the period. Finally, Annex Advisory Services LLC grew its position in shares of O'Reilly Automotive by 1,368.8% during the 2nd quarter. Annex Advisory Services LLC now owns 565,079 shares of the specialty retailer's stock valued at $50,931,000 after acquiring an additional 526,608 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at O'Reilly Automotive

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the company's stock in a transaction on 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 transaction, the senior vice president owned 12,826 shares in the company, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of the company's stock in a transaction 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 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. In the last quarter, insiders have sold 125,635 shares of company stock worth $12,740,916. Corporate insiders own 1.01% of the company's stock.

Analyst Ratings Changes

ORLY has been the subject of several recent analyst reports. Wolfe Research initiated coverage on shares of O'Reilly Automotive in a report on Thursday. They issued an "outperform" rating and a $121.00 target price for the company. Truist Financial upped their target price on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Guggenheim upped their target price on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. DA Davidson increased their price objective on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Finally, Argus initiated 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 for the company. Two 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 company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $107.17.

O'Reilly Automotive Stock Performance

Shares of ORLY stock opened at $103.93 on Friday. The stock has a market capitalization of $88.18 billion, a P/E ratio of 37.15, a price-to-earnings-growth ratio of 2.74 and a beta of 0.60. The company has a 50 day moving average price of $101.37 and a 200 day moving average price of $94.56. O'Reilly Automotive, Inc. has a fifty-two week low of $73.33 and a fifty-two week high of $108.42.

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

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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