K.J. Harrison & Partners Inc Grows Stake in O’Reilly Automotive, Inc. $ORLY

K.J. Harrison & Partners Inc increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 46,500 shares of the specialty retailer’s stock after purchasing an additional 43,400 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in O’Reilly Automotive were worth $4,191,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of Jackson Hole Trust purchased a new position in shares of O’Reilly Automotive in the 1st quarter valued at approximately $25,000. Oakworth Capital Inc. lifted its stake in shares of O’Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 264 shares during the period. HighMark Wealth Management LLC lifted its stake in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 280 shares during the period. Canton Hathaway LLC lifted its stake in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 280 shares during the period. Finally, ORG Partners LLC lifted its stake in shares of O’Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 277 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In related news, SVP Carl David Wilbanks sold 88,485 shares of O’Reilly Automotive 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 completion of the sale, the senior vice president 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. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the transaction, the director owned 15,935 shares in the company, valued at $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 91,080 shares of company stock valued at $9,341,746 over the last 90 days. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of ORLY opened at $94.44 on Monday. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. 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. The business has a fifty day moving average of $102.83 and a 200 day moving average of $96.86.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, topping the consensus estimate 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 company had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. During the same quarter in the previous year, the company posted $11.41 earnings per share. O’Reilly Automotive’s revenue was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on ORLY. Wolfe Research began coverage on O’Reilly Automotive in a research report on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective for the company. Truist Financial set a $109.00 price objective on O’Reilly Automotive in a research report on Friday, October 24th. Wells Fargo & Company set a $115.00 price objective on O’Reilly Automotive and gave the company an “overweight” rating in a research report on Wednesday, October 15th. JPMorgan Chase & Co. raised their price objective on O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, July 21st. Finally, Royal Bank Of Canada set a $110.00 price objective on O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, October 24th. Eighteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus target price 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.