TFG Advisers LLC Has $324,000 Holdings in O’Reilly Automotive, Inc. $ORLY

TFG Advisers LLC raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,600 shares of the specialty retailer’s stock after acquiring an additional 3,360 shares during the quarter. TFG Advisers LLC’s holdings in O’Reilly Automotive were worth $324,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORLY. Congress Asset Management Co. grew its position in shares of O’Reilly Automotive by 1,385.2% during the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer’s stock worth $142,449,000 after buying an additional 1,474,068 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in O’Reilly Automotive by 1,438.7% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer’s stock worth $125,150,000 after acquiring an additional 1,298,307 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in O’Reilly Automotive by 1,403.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer’s stock worth $69,031,000 after acquiring an additional 714,953 shares during the last quarter. Nuveen LLC bought a new position in O’Reilly Automotive during the 1st quarter worth approximately $897,549,000. Finally, Argent Capital Management LLC boosted its stake in O’Reilly Automotive by 1,379.2% during the 2nd quarter. Argent Capital Management LLC now owns 607,131 shares of the specialty retailer’s stock worth $54,721,000 after acquiring an additional 566,087 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ORLY. Royal Bank Of Canada lifted their price target on shares of O’Reilly Automotive from $98.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Barclays restated an “equal weight” rating and set a $86.00 target price on shares of O’Reilly Automotive in a report on Friday, July 25th. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. Argus started coverage on shares of O’Reilly Automotive in a report on Wednesday, August 13th. They set a “buy” rating and a $120.00 target price on the stock. Finally, Evercore ISI upped their price objective on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Buy” and a consensus price target of $107.17.

O’Reilly Automotive Stock Down 2.0%

ORLY opened at $105.68 on Thursday. O’Reilly Automotive, Inc. has a twelve month low of $75.93 and a twelve month high of $108.71. The company has a 50-day simple moving average of $103.33 and a 200 day simple moving average of $95.47. The stock 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 analysts’ consensus estimates of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.54 billion. During the same quarter in the prior year, the business earned $10.55 earnings per share. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Activity at O’Reilly Automotive

In related news, SVP Carl David Wilbanks sold 88,485 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the transaction, the senior vice president owned 10,305 shares in the company, valued at $1,056,674.70. This trade represents a 89.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 6th. The shares were 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 owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is currently owned by company insiders.

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.