Horrell Capital Management Inc. Has $25.99 Million Stock Holdings in O’Reilly Automotive, Inc. $ORLY

Horrell Capital Management Inc. boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,433.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 288,349 shares of the specialty retailer’s stock after buying an additional 269,544 shares during the quarter. O’Reilly Automotive makes up about 10.6% of Horrell Capital Management Inc.’s holdings, making the stock its largest position. Horrell Capital Management Inc.’s holdings in O’Reilly Automotive were worth $25,989,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Alps Advisors Inc. grew its position in O’Reilly Automotive by 52.8% during the first quarter. Alps Advisors Inc. now owns 443 shares of the specialty retailer’s stock worth $635,000 after buying an additional 153 shares in the last quarter. Diversify Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive during the first quarter valued at approximately $208,000. CWM LLC grew its holdings in shares of O’Reilly Automotive by 13.0% in the first quarter. CWM LLC now owns 2,037 shares of the specialty retailer’s stock worth $2,918,000 after purchasing an additional 234 shares during the last quarter. Signaturefd LLC grew its holdings in shares of O’Reilly Automotive by 4.5% in the first quarter. Signaturefd LLC now owns 1,559 shares of the specialty retailer’s stock worth $2,233,000 after purchasing an additional 67 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in O’Reilly Automotive by 2.6% during the 1st quarter. Apollon Wealth Management LLC now owns 4,551 shares of the specialty retailer’s stock valued at $6,520,000 after buying an additional 114 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Up 1.1%

ORLY opened at $99.22 on Wednesday. The stock has a market cap of $84.19 billion, a PE ratio of 34.37, a PEG ratio of 2.48 and a beta of 0.57. The business has a 50 day moving average of $101.74 and a 200-day moving average of $97.06. O’Reilly Automotive, Inc. has a 52 week low of $78.30 and a 52 week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.02. The company had revenue of $4.71 billion for 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% on a year-over-year basis. During the same period in the prior 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.

Insider Buying and Selling

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the sale, the director owned 8,125 shares in the company, valued at approximately $752,375. This represents a 27.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.01% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ORLY shares. Citigroup upped their price objective on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Wells Fargo & Company set a $115.00 price target on O’Reilly Automotive and gave the company an “overweight” rating in a research report on Wednesday, October 15th. UBS Group reiterated a “buy” rating and issued a $120.00 price objective (up from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. BMO Capital Markets boosted their target price on O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Finally, Royal Bank Of Canada set a $110.00 price target on shares of O’Reilly Automotive and gave the company an “outperform” rating in a report on Friday, October 24th. Nineteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $111.89.

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.