O'Reilly Automotive, Inc. $ORLY Shares Purchased by UMB Bank n.a.

Key Points

• UMB Bank n.a. significantly increased its holdings in O'Reilly Automotive, Inc. by 1,382.7% during the 2nd quarter, now owning approximately $41.4 million worth of shares.
• O'Reilly Automotive recently reported a 5.9% year-over-year revenue growth of $4.53 billion, matching analysts' EPS expectations of $0.78 for the quarter.
• A number of analysts have raised their price targets for O'Reilly Automotive, with Citigroup setting a new target at $114 and TD Cowen at $125, indicating strong investor confidence.

UMB Bank n.a. lifted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,382.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 459,398 shares of the specialty retailer's stock after purchasing an additional 428,414 shares during the quarter. UMB Bank n.a. owned 0.05% of O'Reilly Automotive worth $41,406,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bank Pictet & Cie Europe AG grew its holdings in O'Reilly Automotive by 3.5% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer's stock worth $41,848,000 after purchasing an additional 1,208 shares during the period. Two Sigma Advisers LP purchased a new position in O'Reilly Automotive in the 4th quarter worth approximately $1,660,000. Woodline Partners LP purchased a new stake in shares of O'Reilly Automotive during the 4th quarter valued at about $4,111,000. Waverly Advisors LLC boosted its holdings in shares of O'Reilly Automotive by 58.0% during the 4th quarter. Waverly Advisors LLC now owns 1,833 shares of the specialty retailer's stock valued at $2,174,000 after acquiring an additional 673 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in shares of O'Reilly Automotive by 13.0% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 11,106 shares of the specialty retailer's stock valued at $13,169,000 after acquiring an additional 1,280 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ORLY shares. Wolfe Research initiated coverage on O'Reilly Automotive in a research report on Thursday. They set an "outperform" rating and a $121.00 target price for the company. Guggenheim boosted their price objective on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a research report on Friday, July 25th. UBS Group increased their target price on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. 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. Finally, Citigroup lifted their target price on O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $107.17.

O'Reilly Automotive Stock Down 0.5%

Shares of ORLY traded down $0.48 during mid-day trading on Monday, reaching $103.45. The company had a trading volume of 4,969,688 shares, compared to its average volume of 5,511,517. O'Reilly Automotive, Inc. has a 52-week low of $73.33 and a 52-week high of $108.42. The stock has a market capitalization of $87.78 billion, a P/E ratio of 36.98, a PEG ratio of 2.74 and a beta of 0.60. The stock has a 50 day moving average of $101.37 and a two-hundred day moving average of $94.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued 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. The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm's revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Activity at O'Reilly Automotive

In related news, SVP Carl David Wilbanks sold 88,485 shares of the business's stock in a transaction on 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 completion of the sale, the senior vice president directly owned 10,305 shares of the company's stock, valued at $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Maria Sastre sold 595 shares of the company's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the sale, 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 125,635 shares of company stock valued at $12,740,916 in the last ninety days. 1.01% of the stock is currently owned by insiders.

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.