R Squared Ltd Purchases New Position in O’Reilly Automotive, Inc. $ORLY

R Squared Ltd purchased a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 5,137 shares of the specialty retailer’s stock, valued at approximately $463,000.

Several other institutional investors also recently bought and sold shares of ORLY. Bank of Jackson Hole Trust purchased a new position in O’Reilly Automotive during the first quarter valued at approximately $25,000. Oakworth Capital Inc. raised its position in O’Reilly Automotive by 1,257.1% during the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 264 shares in the last quarter. HighMark Wealth Management LLC raised its position in O’Reilly Automotive by 1,400.0% during the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 280 shares in the last quarter. ORG Partners LLC raised its position in O’Reilly Automotive by 839.4% during the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after acquiring an additional 277 shares in the last quarter. Finally, Elequin Capital LP purchased a new stake in shares of O’Reilly Automotive in the first quarter valued at approximately $30,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on ORLY. Weiss Ratings restated a “buy (b)” rating on shares of O’Reilly Automotive in a research report on Wednesday, October 8th. JPMorgan Chase & Co. boosted their price objective on O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, July 21st. DA Davidson boosted their price objective 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. Wolfe Research began coverage on O’Reilly Automotive in a research report on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price objective for the company. Finally, Morgan Stanley boosted their price objective on O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Thursday. Eighteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and an average target price of $112.00.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $97.27 on Friday. The business’s 50 day moving average price is $103.58 and its 200-day moving average price is $96.61. The firm has a market capitalization of $82.53 billion, a PE ratio of 33.70, a P/E/G ratio of 2.60 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 issued its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The firm had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The business’s revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the company posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction 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 transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at approximately $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 SEC, which is accessible through the SEC website. Also, Director Maria Sastre sold 595 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the transaction, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. This trade represents a 3.60% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is currently owned by corporate insiders.

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.