O’Reilly Automotive, Inc. $ORLY Shares Purchased by Rise Advisors LLC

Rise Advisors LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,418.2% during the second quarter, Holdings Channel.com reports. The fund owned 501 shares of the specialty retailer’s stock after acquiring an additional 468 shares during the quarter. Rise Advisors LLC’s holdings in O’Reilly Automotive were worth $45,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Truist Financial lifted their price target on O’Reilly Automotive from $103.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Wells Fargo & Company lifted their price target on O’Reilly Automotive from $103.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. UBS Group lifted their price target on O’Reilly Automotive from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. BMO Capital Markets lifted their price target on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Finally, Guggenheim lifted their price target on O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Two investment 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.com, the stock has a consensus rating of “Buy” and an average price target of $104.40.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $107.50 on Monday. O’Reilly Automotive, Inc. has a fifty-two week low of $73.33 and a fifty-two week high of $108.42. The stock’s 50-day moving average is $100.11 and its two-hundred day moving average is $94.10. The stock has a market cap of $91.21 billion, a PE ratio of 38.43, a price-to-earnings-growth ratio of 2.84 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.54 billion. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Transactions at O’Reilly Automotive

In other news, SVP Mark Joseph Merz sold 5,050 shares of O’Reilly Automotive stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total transaction of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares in the company, valued at $284,925.32. The trade was a 63.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the sale, the director owned 15,935 shares of the company’s stock, valued at approximately $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 in the last quarter. Corporate insiders own 1.01% of the company’s stock.

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.