Cobblestone Capital Advisors LLC NY Increases Stock Position in O’Reilly Automotive, Inc. $ORLY

Cobblestone Capital Advisors LLC NY increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,432.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 149,659 shares of the specialty retailer’s stock after acquiring an additional 139,894 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in O’Reilly Automotive were worth $13,489,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in ORLY. Bank of Jackson Hole Trust bought a new position in shares of O’Reilly Automotive during the 1st quarter valued at $25,000. Elequin Capital LP purchased a new stake in O’Reilly Automotive during the first quarter valued at $30,000. Saudi Central Bank purchased a new stake in O’Reilly Automotive during the first quarter valued at $33,000. Accredited Wealth Management LLC purchased a new stake in O’Reilly Automotive during the first quarter valued at $42,000. Finally, Vestor Capital LLC purchased a new stake in O’Reilly Automotive during the first quarter valued at $43,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on ORLY shares. TD Cowen upped their price objective on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research report on Monday, September 15th. 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. The Goldman Sachs Group set a $121.00 price objective on O’Reilly Automotive and gave the company a “buy” rating in a research report on Friday. Wells Fargo & Company set a $115.00 price objective on O’Reilly Automotive and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Finally, BMO Capital Markets upped their price objective on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Eighteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus target price of $112.00.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $97.27 on Monday. The firm has a market capitalization of $82.53 billion, a price-to-earnings ratio of 33.70, a price-to-earnings-growth ratio of 2.56 and a beta of 0.60. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The business has a fifty day moving average price of $103.58 and a 200-day moving average price of $96.72.

O’Reilly Automotive (NASDAQ:ORLY) last posted 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. The firm had revenue of $4.71 billion during 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%.O’Reilly Automotive’s revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the business posted $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Mark Joseph Merz sold 29,505 shares of the company’s stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the completion of the transaction, the senior vice president directly owned 4,234 shares of the company’s stock, valued at $415,990.50. This represents a 87.45% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is currently owned by corporate insiders.

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.