Landscape Capital Management L.L.C. Makes New $329,000 Investment in O’Reilly Automotive, Inc. $ORLY

Landscape Capital Management L.L.C. acquired a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 1st quarter, Holdings Channel.com reports. The fund acquired 230 shares of the specialty retailer’s stock, valued at approximately $329,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its position in O’Reilly Automotive by 16.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock worth $33,227,000 after purchasing an additional 3,272 shares during the last quarter. Vanguard Group Inc. grew its position in O’Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock worth $7,504,421,000 after purchasing an additional 75,125 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in O’Reilly Automotive by 33.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock worth $836,357,000 after purchasing an additional 147,904 shares during the last quarter. CCM Investment Group LLC purchased a new position in O’Reilly Automotive during the 1st quarter worth $4,672,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in O’Reilly Automotive by 52.4% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,242 shares of the specialty retailer’s stock worth $16,105,000 after purchasing an additional 3,866 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Trading Down 0.3%

ORLY stock opened at $103.68 on Monday. The company has a market cap of $87.97 billion, a P/E ratio of 37.06, a P/E/G ratio of 2.74 and a beta of 0.60. O’Reilly Automotive, Inc. has a 52 week low of $73.11 and a 52 week high of $104.86. The company’s 50-day moving average price is $96.98 and its 200 day moving average price is $92.87.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting analysts’ consensus estimates of $0.78. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ORLY. JPMorgan Chase & Co. lifted their target price on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a report on Monday, July 21st. Argus began coverage on shares of O’Reilly Automotive in a report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 target price on the stock. Evercore ISI lifted their target price on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Barclays reaffirmed an “equal weight” rating and issued a $86.00 target price on shares of O’Reilly Automotive in a report on Friday, July 25th. Finally, DA Davidson lifted their target price on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $104.40.

Insider Activity at O’Reilly Automotive

In related news, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the sale, the senior vice president owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of O’Reilly Automotive 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 transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. The trade was 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 in the last ninety days. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive 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.