Clean Yield Group Raises Stock Holdings in O’Reilly Automotive, Inc. $ORLY

Clean Yield Group raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 8,910 shares of the specialty retailer’s stock after purchasing an additional 8,316 shares during the period. Clean Yield Group’s holdings in O’Reilly Automotive were worth $803,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ORLY. Fifth Third Wealth Advisors LLC lifted its stake in O’Reilly Automotive by 31.5% in the first quarter. Fifth Third Wealth Advisors LLC now owns 1,538 shares of the specialty retailer’s stock valued at $2,203,000 after buying an additional 368 shares during the last quarter. Sterneck Capital Management LLC acquired a new position in shares of O’Reilly Automotive in the first quarter valued at approximately $209,000. Rhumbline Advisers increased its holdings in shares of O’Reilly Automotive by 1.5% in the first quarter. Rhumbline Advisers now owns 125,725 shares of the specialty retailer’s stock valued at $180,111,000 after purchasing an additional 1,891 shares during the period. Czech National Bank increased its holdings in shares of O’Reilly Automotive by 5.5% in the first quarter. Czech National Bank now owns 13,202 shares of the specialty retailer’s stock valued at $18,913,000 after purchasing an additional 684 shares during the period. Finally, Baker Tilly Wealth Management LLC increased its holdings in shares of O’Reilly Automotive by 3.1% in the first quarter. Baker Tilly Wealth Management LLC now owns 740 shares of the specialty retailer’s stock valued at $1,060,000 after purchasing an additional 22 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In other news, Director Maria Sastre sold 595 shares of the stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the sale, the director owned 15,935 shares in the company, valued at approximately $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the sale, the senior vice president owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock worth $12,740,916 in the last ninety days. 1.01% of the stock is owned by corporate insiders.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $106.10 on Monday. The firm has a market capitalization of $90.03 billion, a PE ratio of 37.93, a P/E/G ratio of 2.80 and a beta of 0.60. The business has a 50-day moving average of $102.61 and a two-hundred day moving average of $95.18. O’Reilly Automotive, Inc. has a 12 month low of $75.91 and a 12 month high of $108.42.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. The company had revenue of $4.53 billion during 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% on a year-over-year basis. During the same period in the prior year, the firm 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.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ORLY shares. Guggenheim boosted their target price on O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a report on Friday, July 25th. Argus started coverage on O’Reilly Automotive in a report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 target price on the stock. Royal Bank Of Canada boosted their target price on O’Reilly Automotive from $98.00 to $104.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Citigroup boosted their target price on O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a report on Friday, July 25th. Finally, Wolfe Research started coverage on O’Reilly Automotive in a report on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has an average 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.