Fielder Capital Group LLC Increases Stake in O’Reilly Automotive, Inc. $ORLY

Fielder Capital Group LLC lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,350.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 2,625 shares of the specialty retailer’s stock after purchasing an additional 2,444 shares during the period. Fielder Capital Group LLC’s holdings in O’Reilly Automotive were worth $237,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust purchased a new position in O’Reilly Automotive in the first quarter valued at about $25,000. Oakworth Capital Inc. raised its holdings in shares of O’Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 264 shares during the period. HighMark Wealth Management LLC lifted its position in O’Reilly Automotive by 1,400.0% during the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 280 shares in the last quarter. ORG Partners LLC boosted its holdings in O’Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 277 shares during the period. Finally, Elequin Capital LP acquired a new stake in O’Reilly Automotive in the first quarter valued at approximately $30,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on ORLY. Barclays reaffirmed an “equal weight” rating and issued a $86.00 price target on shares of O’Reilly Automotive in a report on Friday, July 25th. Mizuho set a $112.00 price target on O’Reilly Automotive in a research note on Monday, October 20th. 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 note on Monday, September 15th. Morgan Stanley boosted their price target on O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Wolfe Research began coverage on O’Reilly Automotive in a research note on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective on the stock. Eighteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $112.00.

Insider Transactions at O’Reilly Automotive

In other news, SVP Carl David Wilbanks sold 88,485 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares of the company’s stock, valued at $1,056,674.70. The trade was a 89.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the sale, the senior vice president owned 12,826 shares in the company, valued at $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock valued at $12,740,916 in the last three months. 1.01% of the stock is currently owned by insiders.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $97.27 on Friday. The business’s fifty day moving average price is $103.58 and its two-hundred day moving average price is $96.67. The company has a market capitalization of $82.53 billion, a P/E ratio of 33.70, a PEG ratio of 2.57 and a beta of 0.60. O’Reilly Automotive, Inc. has a 1-year low of $76.22 and a 1-year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 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 for the quarter, compared to analysts’ expectations of $4.69 billion. During the same quarter last year, the company earned $11.41 EPS. O’Reilly Automotive’s quarterly revenue was up 7.8% on a year-over-year basis. 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 earnings per share for the current fiscal year.

About O’Reilly Automotive

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.