Rep. Jonathan L. Jackson Buys O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock

Posted by Don Miller on Jan 18th, 2025

Representative Jonathan L. Jackson (D-Illinois) recently bought shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY). In a filing disclosed on January 16th, the Representative disclosed that they had bought between $15,001 and $50,000 in O’Reilly Automotive stock on December 16th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

Sold $15,001 – $50,000 in shares of General Dynamics (NYSE:GD) on 12/16/2024.
Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 12/9/2024.
Sold $15,001 – $50,000 in shares of TIM (NYSE:TIMB) on 12/9/2024.
Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 11/27/2024.
Sold $15,001 – $50,000 in shares of Applied Materials (NASDAQ:AMAT) on 11/27/2024.
Sold $15,001 – $50,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 11/13/2024.
Purchased $15,001 – $50,000 in shares of Church & Dwight (NYSE:CHD) on 11/13/2024.
Sold $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 11/1/2024.
Purchased $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 10/28/2024.
Sold $15,001 – $50,000 in shares of ASML (NASDAQ:ASML) on 10/28/2024.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock traded up $12.07 on Friday, reaching $1,216.79. The stock had a trading volume of 278,679 shares, compared to its average volume of 296,252. The business’s 50-day moving average price is $1,223.74 and its two-hundred day moving average price is $1,159.48. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,283.96. The stock has a market cap of $70.25 billion, a P/E ratio of 30.10, a price-to-earnings-growth ratio of 2.23 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the previous year, the firm posted $10.72 earnings per share. O’Reilly Automotive’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, equities analysts forecast that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Institutional Investors Weigh In On O’Reilly Automotive

Hedge funds have recently made changes to their positions in the company. Asset Dedication LLC grew its holdings in O’Reilly Automotive by 6.2% during the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock worth $178,000 after acquiring an additional 9 shares during the last quarter. Marks Group Wealth Management Inc grew its holdings in O’Reilly Automotive by 1.5% during the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock worth $697,000 after acquiring an additional 9 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in shares of O’Reilly Automotive by 8.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after purchasing an additional 9 shares during the last quarter. Metis Global Partners LLC boosted its stake in shares of O’Reilly Automotive by 0.5% in the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after purchasing an additional 9 shares during the last quarter. Finally, L.M. Kohn & Company boosted its stake in shares of O’Reilly Automotive by 1.4% in the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after purchasing an additional 9 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the topic of a number of research reports. Roth Mkm reaffirmed a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. DA Davidson reaffirmed a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Barclays boosted their target price on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 9th. Finally, Morgan Stanley boosted their target price on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,270.69.

View Our Latest Stock Analysis on ORLY

Insider Activity

In related news, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the transaction, the director now directly owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.18% of the company’s stock.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. Jackson assumed office on January 3, 2023. Jackson’s current term ends on January 3, 2025. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. Jackson declared candidacy for the 2024 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

O’Reilly Automotive Company Profile

(Get Free Report)

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.