Apeiron RIA LLC Acquires Shares of 150 O’Reilly Automotive, Inc. $ORLY

Apeiron RIA LLC acquired a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the first quarter, HoldingsChannel.com reports. The fund acquired 150 shares of the specialty retailer’s stock, valued at approximately $215,000.

Other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its holdings in O’Reilly Automotive by 16.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock valued at $33,227,000 after buying an additional 3,272 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of O’Reilly Automotive by 1.5% in the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after purchasing an additional 75,125 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of O’Reilly Automotive by 33.9% in the first quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock valued at $836,357,000 after purchasing an additional 147,904 shares in the last quarter. CCM Investment Group LLC purchased a new position in shares of O’Reilly Automotive in the first quarter valued at $4,672,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of O’Reilly Automotive by 52.4% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,242 shares of the specialty retailer’s stock valued at $16,105,000 after purchasing an additional 3,866 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Carl David Wilbanks sold 88,485 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of the sale, the senior vice president directly owned 10,305 shares in the company, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mark Joseph Merz sold 5,050 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total value of $500,303.50. Following the sale, the senior vice president owned 2,876 shares of the company’s stock, valued at approximately $284,925.32. This trade represents a 63.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock valued at $12,740,916 in the last three months. 1.01% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. UBS Group raised their target price on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Evercore ISI raised their target price on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Wells Fargo & Company raised their target price on shares of O’Reilly Automotive from $103.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, July 24th. Guggenheim raised their target price on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a report on Friday, July 25th. Finally, Argus started coverage on shares of O’Reilly Automotive in a report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $104.40.

O’Reilly Automotive Stock Up 2.6%

NASDAQ ORLY opened at $107.82 on Friday. The company has a fifty day moving average of $99.78 and a two-hundred day moving average of $93.91. The firm has a market capitalization of $91.48 billion, a price-to-earnings ratio of 38.54, a PEG ratio of 2.78 and a beta of 0.60. O’Reilly Automotive, Inc. has a 52 week low of $73.33 and a 52 week high of $108.07.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data 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 net margin of 14.15% and a negative return on equity of 181.53%. O’Reilly Automotive’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

O’Reilly Automotive Company 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.