O'Reilly Automotive, Inc. $ORLY Shares Acquired 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. raised its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,382.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 459,398 shares of the specialty retailer's stock after buying an additional 428,414 shares during the quarter. UMB Bank n.a. owned approximately 0.05% of O'Reilly Automotive worth $41,406,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Carolinas Wealth Consulting LLC lifted its stake in O'Reilly Automotive by 14.3% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock valued at $76,000 after buying an additional 8 shares during the last quarter. Marcum Wealth LLC lifted its stake in O'Reilly Automotive by 4.0% in the first quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer's stock valued at $301,000 after buying an additional 8 shares during the last quarter. Adero Partners LLC lifted its stake in O'Reilly Automotive by 1.9% in the first quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock valued at $609,000 after buying an additional 8 shares during the last quarter. Avior Wealth Management LLC lifted its stake in O'Reilly Automotive by 3.5% in the first quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock valued at $342,000 after buying an additional 8 shares during the last quarter. Finally, Lindbrook Capital LLC lifted its stake in O'Reilly Automotive by 2.6% in the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock valued at $448,000 after buying an additional 8 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

Insider Activity at O'Reilly Automotive

In related news, SVP Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction that occurred on 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 completion of the transaction, the senior vice president directly owned 4,234 shares in the company, valued at $415,990.50. The trade was a 87.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Maria Sastre sold 595 shares of O'Reilly Automotive 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 transaction, the director owned 15,935 shares of the company's stock, valued at $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is owned by corporate insiders.

O'Reilly Automotive Stock Performance

NASDAQ:ORLY traded down $0.11 during trading hours on Tuesday, hitting $103.34. The company's stock had a trading volume of 3,100,153 shares, compared to its average volume of 5,500,884. The business's 50-day moving average is $101.58 and its two-hundred day moving average is $94.71. The company has a market capitalization of $87.68 billion, a PE ratio of 36.91, a PEG ratio of 2.74 and a beta of 0.60. O'Reilly Automotive, Inc. has a 52-week low of $73.33 and a 52-week high of $108.42.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its 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. 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 for the quarter, compared to analyst estimates of $4.54 billion. During the same period in the prior year, the business posted $10.55 earnings per share. The firm's revenue for the quarter 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. As a group, analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ORLY shares. Evercore ISI boosted their target price on O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a report on Tuesday, August 12th. TD Cowen boosted their target price on O'Reilly Automotive from $112.00 to $125.00 and gave the company a "buy" rating in a report on Monday, September 15th. Guggenheim boosted their target price 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 boosted their target price on O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a report on Friday, July 25th. Finally, Wolfe Research started coverage on O'Reilly Automotive in a report on Thursday, September 18th. They issued an "outperform" rating and a $121.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $107.17.

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.