Rossby Financial LCC Purchases 1,802 Shares of O’Reilly Automotive, Inc. $ORLY

Rossby Financial LCC raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,465.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,925 shares of the specialty retailer’s stock after buying an additional 1,802 shares during the quarter. Rossby Financial LCC’s holdings in O’Reilly Automotive were worth $174,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in ORLY. Aaron Wealth Advisors LLC raised its stake in shares of O’Reilly Automotive by 10.1% in the first quarter. Aaron Wealth Advisors LLC now owns 427 shares of the specialty retailer’s stock valued at $612,000 after buying an additional 39 shares during the period. Ameritas Advisory Services LLC bought a new stake in shares of O’Reilly Automotive in the first quarter valued at $223,000. Deseret Mutual Benefit Administrators raised its stake in shares of O’Reilly Automotive by 3.2% in the first quarter. Deseret Mutual Benefit Administrators now owns 291 shares of the specialty retailer’s stock valued at $417,000 after buying an additional 9 shares during the period. Alta Advisers Ltd raised its stake in shares of O’Reilly Automotive by 53.2% in the first quarter. Alta Advisers Ltd now owns 288 shares of the specialty retailer’s stock valued at $413,000 after buying an additional 100 shares during the period. Finally, Mather Group LLC. raised its stake in shares of O’Reilly Automotive by 3.6% in the first quarter. Mather Group LLC. now owns 429 shares of the specialty retailer’s stock valued at $615,000 after buying an additional 15 shares during the period. 85.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ORLY has been the topic of several research reports. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Mizuho set a $112.00 price objective on O’Reilly Automotive in a research note on Monday, October 20th. The Goldman Sachs Group set a $121.00 price objective on O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday. Wolfe Research started coverage on O’Reilly Automotive in a research note on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective on the stock. Finally, TD Cowen boosted their price objective on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Eighteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and an average price target of $112.28.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $96.30 on Wednesday. O’Reilly Automotive, Inc. has a 52-week low of $76.22 and a 52-week high of $108.71. The firm has a market cap of $81.71 billion, a price-to-earnings ratio of 33.36, a PEG ratio of 2.52 and a beta of 0.60. The business’s fifty day moving average is $103.33 and its 200 day moving average is $96.80.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The business had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the company’s stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the transaction, the senior vice president directly owned 12,826 shares in the company, valued at $1,331,467.06. This represents a 13.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Maria Sastre sold 595 shares of the company’s stock in a transaction dated 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 transaction, the director owned 15,935 shares in the company, valued at $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 91,080 shares of company stock worth $9,341,746 in the last ninety days. 1.01% of the stock is currently owned by insiders.

About O’Reilly Automotive

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.