Janney Montgomery Scott LLC Raises Stock Holdings in O’Reilly Automotive, Inc. $ORLY

Janney Montgomery Scott LLC lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,433.8% in the second quarter, HoldingsChannel.com reports. The fund owned 318,703 shares of the specialty retailer’s stock after acquiring an additional 297,924 shares during the period. Janney Montgomery Scott LLC’s holdings in O’Reilly Automotive were worth $28,725,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of ORLY. Bank of Jackson Hole Trust bought a new stake in shares of O’Reilly Automotive in the first quarter valued at $25,000. HWG Holdings LP purchased a new position in shares of O’Reilly Automotive during the 1st quarter valued at $26,000. Oakworth Capital Inc. lifted its position 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 last quarter. ORG Partners LLC lifted its position in shares of O’Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 277 shares during the last quarter. Finally, HighMark Wealth Management LLC lifted its position in shares of O’Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 13 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $105.68 on Thursday. O’Reilly Automotive, Inc. has a 52-week low of $75.93 and a 52-week high of $108.71. The stock has a fifty day moving average of $103.33 and a 200 day moving average of $95.47. The firm has a market capitalization of $89.67 billion, a price-to-earnings ratio of 37.78, a P/E/G ratio of 2.85 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.54 billion. During the same period in the previous year, the business earned $10.55 earnings per share. The firm’s revenue was up 5.9% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction dated 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 transaction, the senior vice president directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was 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 approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 in the last ninety days. Corporate insiders own 1.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ORLY. Barclays reaffirmed an “equal weight” rating and set a $86.00 price target on shares of O’Reilly Automotive in a research report on Friday, July 25th. Cowen reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. DA Davidson upped their price target on O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Guggenheim raised their price target on O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Finally, BMO Capital Markets raised their price target on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a report 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $107.17.

O’Reilly Automotive 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.