Vaughan Nelson Investment Management L.P. Acquires 1,573,010 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Vaughan Nelson Investment Management L.P. significantly increased its stake in O'Reilly Automotive by 1,573,010 shares, boosting its holdings to 1,722,403 shares, making it the firm's 18th largest position.
• Recent analyst ratings for O'Reilly Automotive indicate a positive outlook, with multiple firms raising their price targets and assigning buy ratings, resulting in an average target price of $107.17.
• Company insiders have sold over 125,000 shares in recent months, indicating significant sell-off activity, while institutional investors hold approximately 85% of the stock.

Vaughan Nelson Investment Management L.P. lifted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,052.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,722,403 shares of the specialty retailer's stock after buying an additional 1,573,010 shares during the quarter. O'Reilly Automotive comprises 1.5% of Vaughan Nelson Investment Management L.P.'s investment portfolio, making the stock its 18th biggest position. Vaughan Nelson Investment Management L.P. owned about 0.20% of O'Reilly Automotive worth $155,240,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ORLY. Bank of Jackson Hole Trust purchased a new stake in shares of O'Reilly Automotive during the 1st quarter valued at approximately $25,000. HWG Holdings LP purchased a new stake in shares of O'Reilly Automotive during the 1st quarter valued at approximately $26,000. Oakworth Capital Inc. lifted its stake in shares of O'Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock valued at $26,000 after buying an additional 264 shares in the last quarter. HighMark Wealth Management LLC lifted its stake in shares of O'Reilly Automotive by 1,400.0% during the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer's stock valued at $27,000 after buying an additional 280 shares in the last quarter. Finally, ORG Partners LLC lifted its stake in shares of O'Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock valued at $28,000 after buying an additional 277 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at O'Reilly Automotive

In other news, 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 value of $9,073,251.90. Following the completion of the sale, the senior vice president owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. This represents a 89.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $207,620.00. Following the completion of the sale, the senior vice president directly owned 12,826 shares of the company's stock, valued at $1,331,467.06. This trade represents a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock worth $12,740,916 over the last 90 days. Company insiders own 1.01% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on ORLY shares. Wolfe Research assumed coverage on shares of O'Reilly Automotive in a research note on Thursday, September 18th. They set an "outperform" rating and a $121.00 price target on the stock. TD Cowen upped their target price on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a report on Monday, September 15th. UBS Group upped 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 upped their target price on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Finally, DA Davidson upped their target price on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $107.17.

O'Reilly Automotive Price Performance

ORLY stock opened at $104.79 on Friday. O'Reilly Automotive, Inc. has a one year low of $76.10 and a one year high of $108.71. The stock has a market cap of $88.91 billion, a PE ratio of 37.46, a P/E/G ratio of 2.77 and a beta of 0.60. The firm has a 50 day simple moving average of $103.61 and a two-hundred day simple moving average of $95.68.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly 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 net margin of 14.15% and a negative return on equity of 181.53%. The business 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 company earned $10.55 EPS. The business's quarterly 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. On average, research analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal 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.

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