Western Financial Corp CA Boosts Stock Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• Western Financial Corp CA significantly increased its holdings in O'Reilly Automotive by 1,385.1%, owning 22,157 shares valued at approximately $1,997,000.
• A variety of institutional investors, including GAMMA Investing LLC and Two Sigma Advisers LP, have recently increased their stakes in O'Reilly Automotive, showcasing strong institutional interest in the stock.
• O'Reilly Automotive reported $4.53 billion in revenue for the quarter, a 5.9% increase year-over-year, though it fell slightly short of analysts' expectations.

Western Financial Corp CA boosted its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,385.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,157 shares of the specialty retailer's stock after buying an additional 20,665 shares during the period. O'Reilly Automotive accounts for about 1.1% of Western Financial Corp CA's portfolio, making the stock its 24th largest holding. Western Financial Corp CA's holdings in O'Reilly Automotive were worth $1,997,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ORLY. Two Sigma Advisers LP purchased a new stake in O'Reilly Automotive during the 4th quarter worth approximately $1,660,000. Marcum Wealth LLC grew its position in shares of 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 purchasing an additional 8 shares in the last quarter. Versant Capital Management Inc grew its position in shares of O'Reilly Automotive by 41.6% in the first quarter. Versant Capital Management Inc now owns 313 shares of the specialty retailer's stock valued at $448,000 after purchasing an additional 92 shares in the last quarter. GAMMA Investing LLC grew its position in shares of O'Reilly Automotive by 175,115.6% in the first quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after purchasing an additional 1,821,202 shares in the last quarter. Finally, Verde Capital Management grew its position in shares of O'Reilly Automotive by 28.8% in the first quarter. Verde Capital Management now owns 2,585 shares of the specialty retailer's stock valued at $3,703,000 after purchasing an additional 578 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O'Reilly Automotive Stock Performance

ORLY opened at $106.10 on Friday. O'Reilly Automotive, Inc. has a one year low of $75.91 and a one year high of $108.42. The stock has a market capitalization of $90.03 billion, a PE ratio of 37.93, a P/E/G ratio of 2.76 and a beta of 0.60. The business's 50 day moving average price is $102.61 and its 200 day moving average price is $95.06.

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 analysts' consensus estimates of $0.78. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm had revenue of $4.53 billion for the quarter, compared to analysts' expectations of $4.54 billion. During the same period in the prior year, the firm posted $10.55 earnings per share. The firm's quarterly revenue was up 5.9% on a year-over-year basis. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities research analysts forecast that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other O'Reilly Automotive news, Director Maria Sastre sold 595 shares of the company's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the company's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares in the company, valued at $1,056,674.70. This trade represents a 89.57% 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. Insiders own 1.01% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Wolfe Research assumed coverage on O'Reilly Automotive in a research report on Thursday, September 18th. They issued an "outperform" rating and a $121.00 price target for the company. Citigroup upped their price target on O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Guggenheim upped their price target on O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Argus assumed coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price target for the company. Finally, Cowen restated a "buy" rating on shares of O'Reilly Automotive in a research report on Monday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, O'Reilly Automotive currently has a consensus rating of "Buy" and a consensus price target of $107.17.

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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