O'Reilly Automotive, Inc. $ORLY Stake Raised by Vista Investment Partners LLC

Key Points

• Vista Investment Partners LLC increased its stake in O'Reilly Automotive by 1,396.3%, acquiring an additional 65,765 shares, bringing its total holdings to 70,475 shares valued at approximately $6.35 million.
• Insiders at O'Reilly Automotive sold a total of 125,635 shares worth $12.74 million over the last quarter, with significant sales from two senior vice presidents reducing their positions by up to 87.45%.
• O'Reilly Automotive, which has a market capitalization of $88.71 billion, reported a 5.9% year-over-year revenue increase, with quarterly earnings per share meeting estimates at $0.78.

Vista Investment Partners LLC grew its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,396.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,475 shares of the specialty retailer's stock after buying an additional 65,765 shares during the period. O'Reilly Automotive accounts for about 1.8% of Vista Investment Partners LLC's holdings, making the stock its 12th largest holding. Vista Investment Partners LLC's holdings in O'Reilly Automotive were worth $6,352,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. HWG Holdings LP purchased a new stake in O'Reilly Automotive during the 1st quarter worth about $26,000. Bank of Jackson Hole Trust acquired a new position in O'Reilly Automotive during the 1st quarter worth approximately $25,000. HighMark Wealth Management LLC increased its position in O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 13 shares during the period. Elequin Capital LP acquired a new position in O'Reilly Automotive during the 1st quarter worth approximately $30,000. Finally, Saudi Central Bank acquired a new position in O'Reilly Automotive during the 1st quarter worth approximately $33,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ORLY has been the topic of several research analyst reports. TD Cowen boosted their price target on O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a research note on Monday, September 15th. DA Davidson boosted their price target on O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Royal Bank Of Canada boosted their price target on O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. JPMorgan Chase & Co. boosted their price target on O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. Finally, Guggenheim boosted their price target on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, O'Reilly Automotive presently has a consensus rating of "Buy" and an average price target of $107.17.

Insiders Place Their Bets

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the firm's stock in a transaction dated Wednesday, August 6th. The stock was 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 in the company, valued at $1,331,467.06. This trade represents a 13.49% 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, 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 value of $500,303.50. Following the completion of the transaction, the senior vice president owned 2,876 shares of the company's stock, valued at $284,925.32. This trade represents a 63.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 over the last ninety days. Insiders own 1.01% of the company's stock.

O'Reilly Automotive Trading Down 0.5%

NASDAQ:ORLY traded down $0.51 during mid-day trading on Monday, hitting $103.42. The company had a trading volume of 1,515,061 shares, compared to its average volume of 5,495,057. The business has a fifty day simple moving average of $101.37 and a 200-day simple moving average of $94.60. O'Reilly Automotive, Inc. has a 1 year low of $73.33 and a 1 year high of $108.42. The firm has a market capitalization of $87.75 billion, a price-to-earnings ratio of 36.99, a PEG ratio of 2.74 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm's revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current 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.