Speece Thorson Capital Group Inc. Purchases 147,577 Shares of O’Reilly Automotive, Inc. $ORLY

Speece Thorson Capital Group Inc. boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,427.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 157,917 shares of the specialty retailer’s stock after purchasing an additional 147,577 shares during the quarter. O’Reilly Automotive comprises 2.9% of Speece Thorson Capital Group Inc.’s holdings, making the stock its 16th biggest position. Speece Thorson Capital Group Inc.’s holdings in O’Reilly Automotive were worth $14,233,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lindbrook Capital LLC increased its holdings in O’Reilly Automotive by 2.6% in the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer’s stock valued at $448,000 after purchasing an additional 8 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in O’Reilly Automotive by 1.2% in the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock valued at $953,000 after purchasing an additional 8 shares during the last quarter. Journey Strategic Wealth LLC increased its holdings in O’Reilly Automotive by 4.2% in the first quarter. Journey Strategic Wealth LLC now owns 221 shares of the specialty retailer’s stock valued at $317,000 after purchasing an additional 9 shares during the last quarter. Foundations Investment Advisors LLC increased its stake in shares of O’Reilly Automotive by 2.3% in the 1st quarter. Foundations Investment Advisors LLC now owns 395 shares of the specialty retailer’s stock valued at $566,000 after acquiring an additional 9 shares during the last quarter. Finally, Hemington Wealth Management increased its stake in shares of O’Reilly Automotive by 4.5% in the 1st quarter. Hemington Wealth Management now owns 207 shares of the specialty retailer’s stock valued at $296,000 after acquiring an additional 9 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Wells Fargo & Company set a $115.00 target price on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Truist Financial set a $109.00 target price on shares of O’Reilly Automotive in a research note on Friday, October 24th. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Friday. Morgan Stanley upped their price objective on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Finally, Citigroup upped their price objective on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Eighteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average price target of $112.28.

Insider Buying and Selling

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction dated Wednesday, August 6th. The stock was 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 in the company, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction dated 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 transaction, the senior vice president owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 91,080 shares of company stock worth $9,341,746. 1.01% of the stock is owned by corporate insiders.

O’Reilly Automotive Stock Down 0.7%

Shares of ORLY stock opened at $94.44 on Monday. The firm has a fifty day moving average of $102.83 and a 200-day moving average of $96.86. O’Reilly Automotive, Inc. has a 12-month low of $76.22 and a 12-month high of $108.71. The company has a market capitalization of $80.13 billion, a price-to-earnings ratio of 32.72, a P/E/G ratio of 2.48 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The firm had revenue of $4.71 billion during the quarter, compared to analysts’ expectations 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 revenue was up 7.8% on a year-over-year basis. During the same quarter 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. On average, equities analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

O’Reilly Automotive 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.