MV Capital Management Inc. Increases Stock Position in O’Reilly Automotive, Inc. $ORLY

MV Capital Management Inc. lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,341.6% in the second quarter, HoldingsChannel reports. The firm owned 2,148 shares of the specialty retailer’s stock after acquiring an additional 1,999 shares during the period. MV Capital Management Inc.’s holdings in O’Reilly Automotive were worth $194,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CWM LLC lifted its position 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 valued at $2,918,000 after acquiring an additional 234 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in shares of O’Reilly Automotive by 16.7% during the first quarter. SBI Securities Co. Ltd. now owns 98 shares of the specialty retailer’s stock worth $140,000 after buying an additional 14 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd purchased a new position in shares of O’Reilly Automotive during the first quarter valued at approximately $289,000. Wealthfront Advisers LLC boosted its position in O’Reilly Automotive by 4.3% during the first quarter. Wealthfront Advisers LLC now owns 8,316 shares of the specialty retailer’s stock worth $11,913,000 after acquiring an additional 346 shares during the last quarter. Finally, Sage Mountain Advisors LLC grew its stake in O’Reilly Automotive by 4.4% in the 1st quarter. Sage Mountain Advisors LLC now owns 519 shares of the specialty retailer’s stock worth $744,000 after acquiring an additional 22 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 1.1%

Shares of NASDAQ:ORLY opened at $98.09 on Thursday. O’Reilly Automotive, Inc. has a 12-month low of $78.30 and a 12-month high of $108.71. The firm has a market cap of $83.23 billion, a PE ratio of 33.98, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57. The company has a fifty day simple moving average of $101.63 and a 200 day simple moving average of $97.07.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. The business had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, equities research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director John Raymond Murphy sold 3,125 shares of the firm’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 transaction, the director directly owned 8,125 shares in the company, valued at approximately $752,375. This trade represents a 27.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.01% of the company’s stock.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of research analyst reports. Argus initiated coverage on O’Reilly Automotive in a research note on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price target on the stock. Raymond James Financial raised shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price objective for the company in a research note on Wednesday, November 5th. Morgan Stanley upped their price objective on O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Citigroup upped their price target on O’Reilly Automotive from $104.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Finally, Truist Financial set a $109.00 target price on O’Reilly Automotive in a report on Friday, October 24th. Nineteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.89.

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.