Nixon Peabody Trust Co. Grows Holdings in O’Reilly Automotive, Inc. $ORLY

Nixon Peabody Trust Co. grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,065 shares of the specialty retailer’s stock after purchasing an additional 3,794 shares during the period. Nixon Peabody Trust Co.’s holdings in O’Reilly Automotive were worth $366,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of ORLY. Bank of Jackson Hole Trust purchased a new stake in O’Reilly Automotive in the 1st quarter worth approximately $25,000. Elequin Capital LP purchased a new stake in shares of O’Reilly Automotive in the first quarter valued at $30,000. Saudi Central Bank acquired a new position in O’Reilly Automotive in the first quarter valued at $33,000. Accredited Wealth Management LLC purchased a new stake in O’Reilly Automotive in the 1st quarter valued at about $42,000. Finally, Vestor Capital LLC acquired a new position in shares of O’Reilly Automotive during the 1st quarter valued at about $43,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the sale, the director owned 8,125 shares of the company’s stock, valued at $752,375. The trade was a 27.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $98.35 on Friday. The business’s 50-day moving average is $101.49 and its two-hundred day moving average is $97.08. The firm has a market capitalization of $83.45 billion, a PE ratio of 34.07, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57. O’Reilly Automotive, Inc. has a 12 month low of $78.30 and a 12 month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. The business 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%.The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter last year, the firm earned $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on ORLY shares. The Goldman Sachs Group set a $121.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research report on Friday, October 24th. Evercore ISI lifted their price target on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Guggenheim upped their price objective on O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Citigroup lifted their target price on O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a report on Friday, July 25th. Finally, 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. Nineteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average price target of $111.89.

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.