V Square Quantitative Management LLC Buys 17,601 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• V Square Quantitative Management LLC drastically increased its stake in O'Reilly Automotive, boosting its holdings by 1,353.9% to a total of 18,901 shares valued at approximately $1.7 million.
• Multiple hedge funds have recently acquired positions in O'Reilly Automotive, with institutional investors now owning 85% of the stock, indicating strong interest and confidence in the company.
• Shares of O'Reilly Automotive have shown strong performance, reaching a 52-week high of $108.42, while analysts have raised their price targets, predicting continued growth with an average target price of $107.17.

V Square Quantitative Management LLC raised its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,353.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,901 shares of the specialty retailer's stock after purchasing an additional 17,601 shares during the period. V Square Quantitative Management LLC's holdings in O'Reilly Automotive were worth $1,704,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new position in shares of O'Reilly Automotive during the first quarter valued at about $25,000. HWG Holdings LP acquired a new position in shares of O'Reilly Automotive during the first quarter valued at about $26,000. ORG Partners LLC grew its holdings in shares of O'Reilly Automotive by 839.4% during the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock valued at $28,000 after buying an additional 277 shares during the last quarter. HighMark Wealth Management LLC grew its holdings in shares of O'Reilly Automotive by 185.7% during the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock valued at $29,000 after buying an additional 13 shares during the last quarter. Finally, Elequin Capital LP acquired a new position in shares of O'Reilly Automotive during the first quarter valued at about $30,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, Director Maria Sastre sold 595 shares of O'Reilly Automotive 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 sale, the director 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 is accessible through this link. Also, SVP Mark Joseph Merz sold 5,050 shares of O'Reilly Automotive stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total transaction of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares in the company, valued at approximately $284,925.32. This represents a 63.71% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 125,635 shares of company stock worth $12,740,916. Insiders own 1.01% of the company's stock.

O'Reilly Automotive Stock Performance

Shares of ORLY stock opened at $106.10 on Monday. The firm has a market cap of $90.03 billion, a price-to-earnings ratio of 37.93, a P/E/G ratio of 2.80 and a beta of 0.60. O'Reilly Automotive, Inc. has a 52 week low of $75.91 and a 52 week high of $108.42. The firm's 50-day simple moving average is $102.61 and its two-hundred day simple moving average is $95.18.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. The business had revenue of $4.53 billion for 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 company's revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Analysts forecast that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. UBS Group lifted their price objective on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Guggenheim raised their price target 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. Cowen reissued a "buy" rating on shares of O'Reilly Automotive in a research report on Monday, September 15th. BMO Capital Markets raised their price target on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Finally, Royal Bank Of Canada raised their price target on shares of 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, seventeen have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, O'Reilly Automotive has an average rating of "Buy" and an average target price 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.

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