O’Reilly Automotive, Inc. $ORLY Shares Bought by Mather Group LLC.

Mather Group LLC. grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,412.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,490 shares of the specialty retailer’s stock after acquiring an additional 6,061 shares during the quarter. Mather Group LLC.’s holdings in O’Reilly Automotive were worth $585,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ORLY. GAMMA Investing LLC grew its position in O’Reilly Automotive by 175,115.6% during the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer’s stock worth $2,610,507,000 after purchasing an additional 1,821,202 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of O’Reilly Automotive by 1,403.1% during the second quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer’s stock worth $69,031,000 after buying an additional 714,953 shares during the period. Nuveen LLC purchased a new position in shares of O’Reilly Automotive during the first quarter worth about $897,549,000. Argent Capital Management LLC increased its position in O’Reilly Automotive by 1,379.2% in the 2nd quarter. Argent Capital Management LLC now owns 607,131 shares of the specialty retailer’s stock valued at $54,721,000 after acquiring an additional 566,087 shares during the period. Finally, Woodstock Corp raised its stake in O’Reilly Automotive by 1,376.6% during the 2nd quarter. Woodstock Corp now owns 585,490 shares of the specialty retailer’s stock valued at $52,770,000 after acquiring an additional 545,839 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $104.58 on Friday. O’Reilly Automotive, Inc. has a one year low of $75.79 and a one year high of $108.42. The firm has a market capitalization of $88.74 billion, a P/E ratio of 37.39, a PEG ratio of 2.73 and a beta of 0.60. The company’s fifty day moving average is $102.33 and its two-hundred day moving average is $94.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced 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 firm had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.54 billion. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter last year, the business earned $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of the business’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 sale, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the firm’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 over the last quarter. Insiders own 1.01% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a research note on Monday, July 21st. DA Davidson lifted their price objective on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Royal Bank Of Canada upped their price objective on shares of O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Truist Financial raised their target price on shares of O’Reilly Automotive from $103.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Finally, UBS Group boosted their price target on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price 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.