Stock Yards Bank & Trust Co. Raises Stock Holdings in O’Reilly Automotive, Inc. $ORLY

Stock Yards Bank & Trust Co. boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 1,321.2% during the second quarter, HoldingsChannel.com reports. The firm owned 20,295 shares of the specialty retailer’s stock after purchasing an additional 18,867 shares during the period. Stock Yards Bank & Trust Co.’s holdings in O’Reilly Automotive were worth $1,829,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ORLY. RFG Advisory LLC purchased a new position in O’Reilly Automotive during the first quarter worth approximately $586,000. Hennion & Walsh Asset Management Inc. lifted its position in shares of O’Reilly Automotive by 69.7% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 589 shares of the specialty retailer’s stock valued at $844,000 after acquiring an additional 242 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of O’Reilly Automotive by 18.8% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 101 shares of the specialty retailer’s stock valued at $145,000 after acquiring an additional 16 shares in the last quarter. Chemistry Wealth Management LLC purchased a new position in shares of O’Reilly Automotive in the first quarter valued at approximately $211,000. Finally, Blue Zone Wealth Advisors LLC lifted its position in shares of O’Reilly Automotive by 9.5% in the first quarter. Blue Zone Wealth Advisors LLC now owns 4,485 shares of the specialty retailer’s stock valued at $6,425,000 after acquiring an additional 389 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other news, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the sale, the director directly owned 15,935 shares of the company’s stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the sale, the senior vice president directly owned 10,305 shares of the company’s stock, valued at $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 125,635 shares of company stock valued at $12,740,916. Corporate insiders own 1.01% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Weiss Ratings restated a “buy (b)” rating on shares of O’Reilly Automotive in a research report on Saturday, September 27th. Citigroup raised their target price on O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Argus assumed coverage on O’Reilly Automotive in a research report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 target price on the stock. Finally, TD Cowen raised their target price on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $107.17.

View Our Latest Stock Report on ORLY

O’Reilly Automotive Trading Down 0.2%

Shares of NASDAQ ORLY opened at $104.79 on Friday. O’Reilly Automotive, Inc. has a twelve month low of $76.10 and a twelve month high of $108.71. The stock has a fifty day simple moving average of $103.61 and a 200-day simple moving average of $95.72. The stock has a market capitalization of $88.91 billion, a PE ratio of 37.46, a PEG ratio of 2.77 and a beta of 0.60.

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

O’Reilly Automotive Profile

(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.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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