Quadrature Capital Ltd Takes $2.67 Million Position in O’Reilly Automotive, Inc. $ORLY

Quadrature Capital Ltd purchased a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 29,614 shares of the specialty retailer’s stock, valued at approximately $2,669,000.

A number of other institutional investors have also recently bought and sold shares of the business. Bank of Jackson Hole Trust acquired a new stake in shares of O’Reilly Automotive in the first quarter valued at approximately $25,000. Oakworth Capital Inc. raised its stake in O’Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 264 shares during the period. HighMark Wealth Management LLC raised its stake in O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 280 shares during the period. Canton Hathaway LLC lifted its holdings in O’Reilly Automotive by 1,400.0% during the 2nd quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 280 shares during the last quarter. Finally, ORG Partners LLC boosted its position in O’Reilly Automotive by 839.4% during the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 277 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ORLY. Mizuho set a $112.00 price objective on shares of O’Reilly Automotive in a research report on Monday, October 20th. UBS Group reiterated a “buy” rating and issued a $120.00 price target (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. Morgan Stanley raised their price objective on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Wolfe Research initiated coverage on O’Reilly Automotive in a report on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective for the company. Finally, Truist Financial set a $109.00 target price on O’Reilly Automotive in a research report on Friday, October 24th. Nineteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $111.89.

Get Our Latest Report on ORLY

Insider Buying and Selling at O’Reilly Automotive

In other news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction 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 sale, the director directly owned 8,125 shares of the company’s stock, valued at approximately $752,375. This represents a 27.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Down 0.7%

Shares of NASDAQ:ORLY opened at $100.84 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $78.30 and a 12-month high of $108.71. The company’s 50 day moving average price is $100.23 and its two-hundred day moving average price is $97.74. The firm has a market cap of $85.12 billion, a PE ratio of 34.93, a PEG ratio of 2.48 and a beta of 0.57.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last issued its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.02. The business 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 firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period 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, research analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

O’Reilly Automotive Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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