Flputnam Investment Management Co. Increases Stake in O’Reilly Automotive, Inc. $ORLY

Flputnam Investment Management Co. boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 36.8% during the 3rd quarter, Holdings Channel reports. The firm owned 188,773 shares of the specialty retailer’s stock after acquiring an additional 50,739 shares during the quarter. Flputnam Investment Management Co.’s holdings in O’Reilly Automotive were worth $20,352,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. American Century Companies Inc. increased its position in shares of O’Reilly Automotive by 2.9% in the 1st quarter. American Century Companies Inc. now owns 5,849 shares of the specialty retailer’s stock valued at $8,379,000 after acquiring an additional 167 shares during the period. Algert Global LLC acquired a new stake in O’Reilly Automotive during the 1st quarter worth about $713,000. T. Rowe Price Investment Management Inc. grew its stake in O’Reilly Automotive by 71.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 656 shares of the specialty retailer’s stock valued at $940,000 after purchasing an additional 273 shares during the last quarter. Compound Planning Inc. increased its holdings in shares of O’Reilly Automotive by 44.6% in the first quarter. Compound Planning Inc. now owns 652 shares of the specialty retailer’s stock valued at $934,000 after purchasing an additional 201 shares during the period. Finally, Kestra Advisory Services LLC raised its stake in shares of O’Reilly Automotive by 8.0% in the first quarter. Kestra Advisory Services LLC now owns 3,813 shares of the specialty retailer’s stock worth $5,462,000 after purchasing an additional 283 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Philip M. Hopper sold 3,500 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total value of $354,375.00. Following the completion of the transaction, the senior vice president owned 4,792 shares of the company’s stock, valued at approximately $485,190. This represents a 42.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the transaction, the senior vice president owned 28 shares in the company, valued at $2,836.68. This represents a 98.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 8,980 shares of company stock worth $882,335. Company insiders own 1.01% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on ORLY shares. Robert W. Baird set a $115.00 target price on O’Reilly Automotive and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Baird R W raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Thursday, December 4th. The Goldman Sachs Group set a $121.00 price objective on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research note on Friday, October 24th. Finally, Royal Bank Of Canada set a $110.00 target price on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average target price of $112.05.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $91.00 on Friday. The stock has a market capitalization of $76.81 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 2.14 and a beta of 0.62. O’Reilly Automotive, Inc. has a 12 month low of $78.30 and a 12 month high of $108.71. The firm’s 50 day simple moving average is $97.75 and its 200-day simple moving average is $98.21.

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 the consensus estimate of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The firm had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. During the same period in the previous year, the business posted $11.41 EPS. The business’s revenue was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do?it?yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.