Amalgamated Bank Buys 181,727 Shares of O’Reilly Automotive, Inc. $ORLY

Amalgamated Bank increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,379.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 194,903 shares of the specialty retailer’s stock after acquiring an additional 181,727 shares during the quarter. Amalgamated Bank’s holdings in O’Reilly Automotive were worth $17,567,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new position in shares of O’Reilly Automotive during the 1st quarter worth about $25,000. Elequin Capital LP bought a new position in shares of O’Reilly Automotive during the 1st quarter worth about $30,000. Saudi Central Bank bought a new position in shares of O’Reilly Automotive during the 1st quarter worth about $33,000. Accredited Wealth Management LLC bought a new position in shares of O’Reilly Automotive during the 1st quarter worth about $42,000. Finally, Vestor Capital LLC bought a new position in shares of O’Reilly Automotive during the 1st quarter worth about $43,000. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $95.15 on Friday. The firm has a market cap of $80.73 billion, a price-to-earnings ratio of 32.96, a price-to-earnings-growth ratio of 2.48 and a beta of 0.60. O’Reilly Automotive, Inc. has a 52 week low of $76.22 and a 52 week high of $108.71. The firm has a 50-day moving average price of $102.99 and a two-hundred day moving average price of $96.80.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating the consensus estimate of $0.83 by $0.02. The firm had revenue of $4.71 billion during 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 last 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, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insiders Place Their Bets

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 value 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 document filed with the Securities & Exchange Commission, which is accessible through this link. 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 completion of the transaction, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. This represents a 3.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 91,080 shares of company stock valued at $9,341,746. Insiders own 1.01% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on ORLY. TD Cowen boosted their price target on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Guggenheim boosted their price target 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. Evercore ISI boosted their price target on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a research note on Tuesday, August 12th. Finally, UBS Group restated a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. Eighteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $112.28.

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.