CVA Family Office LLC grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,400.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,846 shares of the specialty retailer’s stock after purchasing an additional 1,723 shares during the period. CVA Family Office LLC’s holdings in O’Reilly Automotive were worth $166,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. William Blair Investment Management LLC boosted its position in O’Reilly Automotive by 1,269.2% in the second quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer’s stock valued at $319,428,000 after buying an additional 3,285,249 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of O’Reilly Automotive by 1,401.3% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,194,636 shares of the specialty retailer’s stock valued at $197,803,000 after acquiring an additional 2,048,453 shares during the last quarter. TD Asset Management Inc lifted its stake in shares of O’Reilly Automotive by 1,214.0% in the 2nd quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer’s stock valued at $194,567,000 after acquiring an additional 1,994,449 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its holdings in shares of O’Reilly Automotive by 1,052.9% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer’s stock valued at $155,240,000 after acquiring an additional 1,573,010 shares in the last quarter. Finally, Congress Asset Management Co. grew its position in O’Reilly Automotive by 1,385.2% during the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer’s stock worth $142,449,000 after acquiring an additional 1,474,068 shares during the last quarter. 85.00% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several equities analysts have commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of O’Reilly Automotive in a research report on Wednesday, October 8th. JPMorgan Chase & Co. raised their price objective 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. BMO Capital Markets lifted their target price on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Royal Bank Of Canada set a $110.00 target price on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a report on Friday. Finally, Mizuho set a $112.00 price target on shares of O’Reilly Automotive in a research note on Monday, October 20th. Eighteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.
Insiders Place Their Bets
In other news, Director Maria Sastre sold 595 shares of the business’s 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 transaction, the director directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the sale, the senior vice president directly 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 disclosure for this sale can be found here. In the last quarter, insiders sold 125,635 shares of company stock valued at $12,740,916. Insiders own 1.01% of the company’s stock.
O’Reilly Automotive Stock Performance
O’Reilly Automotive stock opened at $97.27 on Friday. The firm has a market cap of $82.53 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 2.57 and a beta of 0.60. O’Reilly Automotive, Inc. has a 52-week low of $76.22 and a 52-week high of $108.71. The firm has a 50 day moving average price of $103.58 and a two-hundred day moving average price of $96.67.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.02. The company had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. O’Reilly Automotive’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.
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.
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