Chicago Capital LLC Boosts Holdings in O’Reilly Automotive, Inc. $ORLY

Chicago Capital LLC boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,339.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,530 shares of the specialty retailer’s stock after buying an additional 37,714 shares during the quarter. Chicago Capital LLC’s holdings in O’Reilly Automotive were worth $3,653,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fifth Third Wealth Advisors LLC boosted its stake in shares of O’Reilly Automotive by 31.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 1,538 shares of the specialty retailer’s stock valued at $2,203,000 after purchasing an additional 368 shares during the period. Czech National Bank boosted its stake in shares of O’Reilly Automotive by 5.5% during the first quarter. Czech National Bank now owns 13,202 shares of the specialty retailer’s stock valued at $18,913,000 after purchasing an additional 684 shares during the period. Baker Tilly Wealth Management LLC raised its holdings in shares of O’Reilly Automotive by 3.1% in the first quarter. Baker Tilly Wealth Management LLC now owns 740 shares of the specialty retailer’s stock valued at $1,060,000 after acquiring an additional 22 shares in the last quarter. NBC Securities Inc. raised its holdings in shares of O’Reilly Automotive by 140,100.0% in the first quarter. NBC Securities Inc. now owns 1,402 shares of the specialty retailer’s stock valued at $2,008,000 after acquiring an additional 1,401 shares in the last quarter. Finally, Merit Financial Group LLC raised its holdings in shares of O’Reilly Automotive by 25.9% in the first quarter. Merit Financial Group LLC now owns 1,971 shares of the specialty retailer’s stock valued at $2,824,000 after acquiring an additional 406 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at O’Reilly Automotive

In other news, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director owned 15,935 shares in the company, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of O’Reilly Automotive stock in a transaction 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 transaction, the senior vice president owned 12,826 shares in the company, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $107.55 on Tuesday. The stock’s fifty day moving average is $102.87 and its two-hundred day moving average is $95.31. The firm has a market capitalization of $91.26 billion, a P/E ratio of 38.45, a PEG ratio of 2.80 and a beta of 0.60. O’Reilly Automotive, Inc. has a fifty-two week low of $75.93 and a fifty-two week high of $108.42.

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Wells Fargo & Company boosted their target price on shares of O’Reilly Automotive from $103.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Wolfe Research initiated coverage on shares of O’Reilly Automotive in a report on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price target on the stock. Guggenheim upped their price objective on O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. BMO Capital Markets raised their price objective on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Finally, Barclays reaffirmed an “equal weight” rating and set a $86.00 price objective on shares of O’Reilly Automotive in a research note on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $107.17.

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.