O’Reilly Automotive, Inc. $ORLY Shares Bought by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 777.4% during the 2nd quarter, Holdings Channel reports. The firm owned 9,064 shares of the specialty retailer’s stock after purchasing an additional 8,031 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in O’Reilly Automotive were worth $817,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Bank of Jackson Hole Trust purchased a new stake in O’Reilly Automotive during the 1st quarter worth approximately $25,000. Elequin Capital LP purchased a new position in shares of O’Reilly Automotive in the first quarter valued at approximately $30,000. Saudi Central Bank acquired a new stake in shares of O’Reilly Automotive in the first quarter worth approximately $33,000. Accredited Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive during the first quarter worth approximately $42,000. Finally, Vestor Capital LLC acquired a new position in O’Reilly Automotive in the 1st quarter valued at $43,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 1.2%

Shares of ORLY opened at $98.33 on Wednesday. O’Reilly Automotive, Inc. has a 52-week low of $78.30 and a 52-week high of $108.71. The stock has a fifty day simple moving average of $101.06 and a two-hundred day simple moving average of $97.25. The company has a market capitalization of $83.00 billion, a PE ratio of 34.06, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The firm had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. During the same quarter in the prior year, the firm posted $11.41 earnings per share. O’Reilly Automotive’s quarterly revenue was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, equities analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ORLY has been the topic of several recent research reports. Barclays set a $91.00 target price on shares of O’Reilly Automotive and gave the stock an “equal weight” rating in a research note on Monday, October 27th. Guggenheim raised their price target on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Wells Fargo & Company set a $115.00 price target on shares of O’Reilly Automotive and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. The Goldman Sachs Group set a $121.00 price objective on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday, October 24th. Finally, Evercore ISI raised their target price on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 12th. Nineteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $111.89.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director owned 8,125 shares in the company, valued at $752,375. This trade represents a 27.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.01% of the stock is currently owned by company insiders.

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.