Harel Insurance Investments & Financial Services Ltd. Purchases 6,616 Shares of O’Reilly Automotive, Inc. $ORLY

Harel Insurance Investments & Financial Services Ltd. boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3,341.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,814 shares of the specialty retailer’s stock after acquiring an additional 6,616 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in O’Reilly Automotive were worth $614,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ORLY. Mutual Advisors LLC grew its holdings in O’Reilly Automotive by 19.1% in the 1st quarter. Mutual Advisors LLC now owns 424 shares of the specialty retailer’s stock worth $571,000 after acquiring an additional 68 shares during the last quarter. OneDigital Investment Advisors LLC lifted its holdings in O’Reilly Automotive by 4.7% in the first quarter. OneDigital Investment Advisors LLC now owns 3,142 shares of the specialty retailer’s stock worth $4,501,000 after buying an additional 142 shares during the period. Capital Investment Advisory Services LLC purchased a new stake in O’Reilly Automotive in the first quarter worth about $288,000. Wayfinding Financial LLC purchased a new stake in O’Reilly Automotive in the first quarter worth about $108,000. Finally, World Investment Advisors lifted its holdings in O’Reilly Automotive by 40.0% in the first quarter. World Investment Advisors now owns 924 shares of the specialty retailer’s stock worth $1,324,000 after buying an additional 264 shares during the period. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock opened at $94.44 on Monday. The stock has a market capitalization of $80.13 billion, a PE ratio of 32.72, a price-to-earnings-growth ratio of 2.48 and a beta of 0.60. O’Reilly Automotive, Inc. has a 52-week low of $76.22 and a 52-week high of $108.71. The company has a 50-day simple moving average of $102.83 and a two-hundred day simple moving average of $96.86.

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

Insiders Place Their Bets

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The shares were 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 directly owned 12,826 shares of the company’s stock, valued at $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The shares were 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 of the company’s stock, valued at $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 91,080 shares of company stock valued at $9,341,746. Insiders own 1.01% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the topic of several research reports. Barclays set a $91.00 price objective on shares of O’Reilly Automotive and gave the stock an “equal weight” rating in a research note on Monday, October 27th. The Goldman Sachs Group set a $121.00 price objective on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research note on Friday, October 24th. Evercore ISI boosted their price objective on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 12th. Royal Bank Of Canada set a $110.00 price objective on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Friday, October 24th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research note on Monday, July 21st. Eighteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $112.28.

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.