O’Reilly Automotive, Inc. $ORLY Shares Purchased by Greenleaf Trust

Greenleaf Trust lifted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,266.9% in the second quarter, Holdings Channel reports. The firm owned 26,121 shares of the specialty retailer’s stock after buying an additional 24,210 shares during the period. Greenleaf Trust’s holdings in O’Reilly Automotive were worth $2,354,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Congress Asset Management Co. lifted its position in O’Reilly Automotive by 1,385.2% during the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer’s stock worth $142,449,000 after acquiring an additional 1,474,068 shares during the period. Farther Finance Advisors LLC lifted its position in O’Reilly Automotive by 1,403.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer’s stock worth $69,031,000 after acquiring an additional 714,953 shares during the period. Nuveen LLC acquired a new stake in O’Reilly Automotive during the 1st quarter worth about $897,549,000. Argent Capital Management LLC lifted its position in O’Reilly Automotive by 1,379.2% during the 2nd quarter. Argent Capital Management LLC now owns 607,131 shares of the specialty retailer’s stock worth $54,721,000 after acquiring an additional 566,087 shares during the period. Finally, Woodstock Corp lifted its position in O’Reilly Automotive by 1,376.6% during the 2nd quarter. Woodstock Corp now owns 585,490 shares of the specialty retailer’s stock worth $52,770,000 after acquiring an additional 545,839 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of the sale, the senior vice president directly owned 10,305 shares in the company, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the sale, the senior vice president owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock valued at $12,740,916 in the last 90 days. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Up 0.2%

Shares of O’Reilly Automotive stock opened at $107.81 on Wednesday. O’Reilly Automotive, Inc. has a twelve month low of $75.93 and a twelve month high of $108.72. The business has a 50-day moving average price of $103.12 and a 200 day moving average price of $95.40. The firm has a market cap of $91.48 billion, a PE ratio of 38.54, a P/E/G ratio of 2.84 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same quarter in the previous year, the business earned $10.55 EPS. O’Reilly Automotive’s revenue for the quarter was up 5.9% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Truist Financial lifted their price target on O’Reilly Automotive from $103.00 to $109.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Cowen reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Evercore ISI lifted their price target on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 12th. Guggenheim lifted their price objective on O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Finally, BMO Capital Markets lifted their price objective on O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $107.17.

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.