London & Capital Asset Management Ltd Makes New Investment in O’Reilly Automotive, Inc. $ORLY

London & Capital Asset Management Ltd acquired a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 18,980 shares of the specialty retailer’s stock, valued at approximately $1,711,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. increased its stake in O’Reilly Automotive by 1.2% during the 1st 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 in the last quarter. Cadence Bank raised its stake in shares of O’Reilly Automotive by 0.6% in the first quarter. Cadence Bank now owns 1,474 shares of the specialty retailer’s stock worth $2,112,000 after purchasing an additional 9 shares during the last quarter. SageView Advisory Group LLC lifted its holdings in shares of O’Reilly Automotive by 5.1% during the first quarter. SageView Advisory Group LLC now owns 185 shares of the specialty retailer’s stock worth $265,000 after purchasing an additional 9 shares during the period. Klingman & Associates LLC increased its holdings in O’Reilly Automotive by 1.3% in the 1st quarter. Klingman & Associates LLC now owns 761 shares of the specialty retailer’s stock worth $1,090,000 after buying an additional 10 shares during the period. Finally, Greenline Partners LLC lifted its stake in O’Reilly Automotive by 18.2% during the 1st quarter. Greenline Partners LLC now owns 65 shares of the specialty retailer’s stock valued at $93,000 after acquiring an additional 10 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Price Performance

ORLY opened at $98.11 on Tuesday. The firm has a market capitalization of $82.81 billion, a price-to-earnings ratio of 33.99, a price-to-earnings-growth ratio of 2.33 and a beta of 0.61. The company’s 50 day simple moving average is $99.57 and its two-hundred day simple moving average is $98.12. O’Reilly Automotive, Inc. has a 1-year low of $78.30 and a 1-year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data 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 company 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 firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ORLY. Robert W. Baird set a $115.00 price objective on O’Reilly Automotive and gave the company an “outperform” rating in a report on Wednesday, December 3rd. Truist Financial set a $109.00 price target on shares of O’Reilly Automotive in a report on Friday, October 24th. Raymond James Financial upgraded O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price target for the company in a research note on Wednesday, November 5th. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Friday, October 31st. Finally, Argus began coverage on shares of O’Reilly Automotive in a research note on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $112.05.

Insider Transactions at O’Reilly Automotive

In other news, SVP Christopher Andrew Mancini sold 2,355 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total value of $238,585.05. Following the sale, the senior vice president directly owned 28 shares of the company’s stock, valued at approximately $2,836.68. The trade was a 98.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the transaction, the director directly owned 8,125 shares of the company’s stock, valued at $752,375. The trade was a 27.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,980 shares of company stock worth $882,335 in the last 90 days. Insiders own 1.01% of the company’s stock.

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.