SGL Investment Advisors Inc. Buys 42,726 Shares of O’Reilly Automotive, Inc. $ORLY

SGL Investment Advisors Inc. lifted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,428.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,717 shares of the specialty retailer’s stock after purchasing an additional 42,726 shares during the quarter. O’Reilly Automotive accounts for approximately 2.0% of SGL Investment Advisors Inc.’s holdings, making the stock its 20th biggest position. SGL Investment Advisors Inc.’s holdings in O’Reilly Automotive were worth $4,190,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its holdings in O’Reilly Automotive by 16.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock worth $33,227,000 after buying an additional 3,272 shares during the last quarter. Vanguard Group Inc. raised its holdings in O’Reilly Automotive by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock worth $7,504,421,000 after acquiring an additional 75,125 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in O’Reilly Automotive by 33.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock valued at $836,357,000 after acquiring an additional 147,904 shares in the last quarter. CCM Investment Group LLC bought a new position in O’Reilly Automotive in the 1st quarter valued at approximately $4,672,000. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in O’Reilly Automotive by 52.4% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,242 shares of the specialty retailer’s stock valued at $16,105,000 after purchasing an additional 3,866 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 1.4%

Shares of ORLY stock opened at $103.30 on Tuesday. O’Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71. The stock has a market cap of $87.65 billion, a P/E ratio of 36.93, a P/E/G ratio of 2.77 and a beta of 0.60. The company has a 50 day simple moving average of $103.73 and a two-hundred day simple moving average of $95.86.

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on ORLY shares. Wells Fargo & Company upped their price target on O’Reilly Automotive from $103.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, July 24th. Guggenheim upped their target price on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Weiss Ratings reissued a “buy (b)” rating on shares of O’Reilly Automotive in a report on Saturday, September 27th. Citigroup raised their target price on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Finally, BMO Capital Markets increased their price target on O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive currently has an average rating of “Buy” and a consensus price target of $107.17.

Insider Buying and Selling

In related news, Director Maria Sastre sold 595 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the transaction, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the firm’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 sale, the senior vice president owned 12,826 shares in the company, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 over the last ninety days. 1.01% of the stock is owned by corporate insiders.

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.