Integrity Alliance LLC. Raises Position in O’Reilly Automotive, Inc. $ORLY

Integrity Alliance LLC. lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,135.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,141 shares of the specialty retailer’s stock after acquiring an additional 4,725 shares during the quarter. Integrity Alliance LLC.’s holdings in O’Reilly Automotive were worth $463,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of ORLY. Jennison Associates LLC increased its position in shares of O’Reilly Automotive by 1,820.9% during the second quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock valued at $1,272,363,000 after acquiring an additional 13,382,074 shares during the last quarter. Bessemer Group Inc. increased its position in shares of O’Reilly Automotive by 1,558.2% during the second quarter. Bessemer Group Inc. now owns 4,356,249 shares of the specialty retailer’s stock valued at $392,630,000 after acquiring an additional 4,093,545 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of O’Reilly Automotive by 1,388.0% during the second quarter. Envestnet Asset Management Inc. now owns 3,853,598 shares of the specialty retailer’s stock valued at $347,325,000 after acquiring an additional 3,594,612 shares during the last quarter. William Blair Investment Management LLC increased its position in shares of O’Reilly Automotive by 1,269.2% during 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, Sumitomo Mitsui Trust Group Inc. increased its position in shares of O’Reilly Automotive by 1,401.3% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,194,636 shares of the specialty retailer’s stock valued at $197,803,000 after acquiring an additional 2,048,453 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $94.44 on Friday. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The business has a fifty day moving average price of $102.83 and a 200-day moving average price of $96.82. The firm has a market capitalization of $80.13 billion, a P/E ratio of 32.72, a PEG ratio of 2.48 and a beta of 0.60.

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

Insider Buying and Selling

In related news, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the sale, the senior vice president owned 10,305 shares in the company, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Maria Sastre sold 595 shares of the 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 owned 15,935 shares in the company, valued at $1,630,309.85. This trade represents a 3.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 91,080 shares of company stock worth $9,341,746. Corporate insiders own 1.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Citigroup increased their price target 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. Evercore ISI increased their price objective on O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. TD Cowen increased their price objective on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a report on Monday, September 15th. DA Davidson increased their price objective on O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 25th. Finally, JPMorgan Chase & Co. increased their price objective on O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a report on Monday, July 21st. Eighteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus price target of $112.28.

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.