AAFMAA Wealth Management & Trust LLC lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,092.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,293 shares of the specialty retailer’s stock after purchasing an additional 13,094 shares during the quarter. AAFMAA Wealth Management & Trust LLC’s holdings in O’Reilly Automotive were worth $1,288,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Bank of Jackson Hole Trust bought a new stake in O’Reilly Automotive in the 1st quarter valued at $25,000. HWG Holdings LP acquired a new stake in shares of O’Reilly Automotive during the 1st quarter valued at about $26,000. HighMark Wealth Management LLC boosted its position in shares of O’Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock valued at $29,000 after acquiring an additional 13 shares in the last quarter. Elequin Capital LP bought a new stake in O’Reilly Automotive in the first quarter valued at about $30,000. Finally, Saudi Central Bank acquired a new position in O’Reilly Automotive in the first quarter worth about $33,000. 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, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the sale, the senior vice president owned 12,826 shares of the company’s stock, valued at $1,331,467.06. This represents a 13.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 595 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the sale, the director owned 15,935 shares of the company’s stock, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock worth $12,740,916 in the last 90 days. Corporate insiders own 1.01% of the company’s stock.
O’Reilly Automotive Price Performance
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted 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 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 business’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. As a group, equities analysts expect 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 firms have weighed in on ORLY. BMO Capital Markets lifted their price objective on O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Evercore ISI raised their target price on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 12th. Barclays reaffirmed an “equal weight” rating and issued a $86.00 price target on shares of O’Reilly Automotive in a research note on Friday, July 25th. Wolfe Research started coverage on O’Reilly Automotive in a research report on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price target on the stock. Finally, Royal Bank Of Canada increased their price objective 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. Two equities 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, the stock has a consensus rating of “Buy” and an average target price of $107.17.
View Our Latest Analysis on O’Reilly Automotive
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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