Chicago Partners Investment Group LLC Acquires 25,182 Shares of O’Reilly Automotive, Inc. $ORLY

Chicago Partners Investment Group LLC boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,458.1% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,909 shares of the specialty retailer’s stock after acquiring an additional 25,182 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in O’Reilly Automotive were worth $2,568,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ORLY. Wendell David Associates Inc. raised its stake in O’Reilly Automotive by 1,390.2% in the second quarter. Wendell David Associates Inc. now owns 56,940 shares of the specialty retailer’s stock valued at $5,132,000 after purchasing an additional 53,119 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of O’Reilly Automotive by 1,339.3% during the 2nd quarter. International Assets Investment Management LLC now owns 12,810 shares of the specialty retailer’s stock worth $1,155,000 after acquiring an additional 11,920 shares during the last quarter. Mutual of America Capital Management LLC grew its position in O’Reilly Automotive by 1,365.2% in the second quarter. Mutual of America Capital Management LLC now owns 98,020 shares of the specialty retailer’s stock worth $8,835,000 after acquiring an additional 91,330 shares in the last quarter. William Blair Investment Management LLC increased its stake in O’Reilly Automotive by 1,269.2% in the second quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer’s stock valued at $319,428,000 after acquiring an additional 3,285,249 shares during the last quarter. Finally, First National Bank of Hutchinson raised its position in O’Reilly Automotive by 1,024.5% during the second quarter. First National Bank of Hutchinson now owns 13,202 shares of the specialty retailer’s stock valued at $1,190,000 after purchasing an additional 12,028 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Activity

In other O’Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at $1,331,467.06. This represents a 13.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction that occurred 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 owned 15,935 shares in the company, 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. In the last ninety days, insiders have sold 125,635 shares of company stock valued at $12,740,916. Company insiders own 1.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. DA Davidson upped their price objective on O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of O’Reilly Automotive in a research note on Wednesday, October 8th. TD Cowen increased their price target on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Argus started coverage on shares of O’Reilly Automotive in a research report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price target on the stock. Finally, Barclays reaffirmed an “equal weight” rating and set a $86.00 target price on shares of O’Reilly Automotive in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.12.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $101.60 on Monday. O’Reilly Automotive, Inc. has a fifty-two week low of $76.22 and a fifty-two week high of $108.71. The firm has a market cap of $86.21 billion, a PE ratio of 36.32, a price-to-earnings-growth ratio of 2.68 and a beta of 0.60. The business has a 50 day moving average price of $103.82 and a 200-day moving average price of $96.36.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting analysts’ consensus estimates 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%. The firm’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business posted $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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.