RFG Advisory LLC Boosts Holdings in O’Reilly Automotive, Inc. $ORLY

RFG Advisory LLC increased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 650.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,071 shares of the specialty retailer’s stock after buying an additional 2,662 shares during the quarter. RFG Advisory LLC’s holdings in O’Reilly Automotive were worth $277,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased 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 buying an additional 75,125 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of O’Reilly Automotive by 20.8% in the first quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer’s stock worth $2,757,148,000 after purchasing an additional 330,964 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in shares of O’Reilly Automotive by 1,052.9% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer’s stock worth $155,240,000 after purchasing an additional 1,573,010 shares in the last quarter. Congress Asset Management Co. increased its stake in shares of O’Reilly Automotive by 1,385.2% in the second quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer’s stock worth $142,449,000 after purchasing an additional 1,474,068 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in shares of O’Reilly Automotive by 1,438.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer’s stock worth $125,150,000 after purchasing an additional 1,298,307 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Citigroup lifted their target price on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Argus assumed coverage on shares of O’Reilly Automotive in a research note on Wednesday, August 13th. They issued a “buy” rating and a $120.00 target price for the company. Cowen reiterated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Evercore ISI raised their price objective on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a research report on Tuesday, August 12th. Finally, Wells Fargo & Company set a $115.00 price objective on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $109.12.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 5,050 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, July 29th. The shares were 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the transaction, the senior vice president directly owned 10,305 shares in the company, valued at $1,056,674.70. This trade represents a 89.57% 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.

O’Reilly Automotive Trading Up 0.4%

ORLY stock opened at $101.60 on Monday. The firm has a 50 day moving average of $103.82 and a 200-day moving average of $96.36. O’Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71. The firm has a market capitalization of $86.21 billion, a P/E ratio of 36.32, a price-to-earnings-growth ratio of 2.68 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The business had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same period in the previous year, the business posted $10.55 earnings per share. O’Reilly Automotive’s revenue for the quarter 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. Sell-side analysts predict 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.