O’Reilly Automotive, Inc. (NASDAQ:ORLY) Short Interest Update

O’Reilly Automotive, Inc. (NASDAQ:ORLY) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 14,930,309 shares, a growth of 23.3% from the December 15th total of 12,107,375 shares. Based on an average daily volume of 5,371,194 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.8% of the shares of the company are short sold. Approximately 1.8% of the shares of the company are short sold. Based on an average daily volume of 5,371,194 shares, the days-to-cover ratio is presently 2.8 days.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several analyst reports. Wolfe Research raised O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a report on Monday, December 22nd. Baird R W raised O’Reilly Automotive to a “strong-buy” rating in a report on Thursday, December 4th. Robert W. Baird set a $115.00 price objective on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Wednesday, December 3rd. Morgan Stanley set a $110.00 target price on shares of O’Reilly Automotive and gave the company an “overweight” rating in a report on Thursday. Finally, UBS Group reissued a “buy” rating and set a $120.00 price target (up from $115.00) on shares of O’Reilly Automotive in a report on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive has a consensus rating of “Buy” and a consensus target price of $111.80.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $94.70 on Tuesday. The business’s 50 day moving average price is $95.47 and its 200-day moving average price is $98.66. O’Reilly Automotive has a 1 year low of $80.73 and a 1 year high of $108.71. The firm has a market capitalization of $79.94 billion, a price-to-earnings ratio of 32.81, a price-to-earnings-growth ratio of 2.01 and a beta of 0.63.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS 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 analyst estimates of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, sell-side analysts expect that O’Reilly Automotive will post 43.94 earnings per share for the current year.

Insider Activity at O’Reilly Automotive

In other news, SVP Philip M. Hopper sold 3,500 shares of the stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total value of $354,375.00. Following the sale, the senior vice president owned 4,792 shares in the company, valued at $485,190. This represents a 42.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the transaction, the director owned 8,125 shares of the company’s stock, valued at $752,375. This represents a 27.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 8,980 shares of company stock worth $882,335 over the last quarter. Insiders own 1.01% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Oakworth Capital Inc. raised its holdings in shares of O’Reilly Automotive by 1,257.1% during the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 264 shares during the last quarter. HighMark Wealth Management LLC increased its position in shares of O’Reilly Automotive by 1,400.0% during the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares in the last quarter. Canton Hathaway LLC raised its stake in O’Reilly Automotive by 1,400.0% in the 2nd quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 280 shares during the last quarter. ORG Partners LLC lifted its holdings in O’Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 277 shares in the last quarter. Finally, Nemes Rush Group LLC lifted its holdings in O’Reilly Automotive by 1,400.0% in the 2nd quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 294 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.