Bank of Montreal Can Purchases 1,158,094 Shares of O’Reilly Automotive, Inc. $ORLY

Bank of Montreal Can raised its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,297.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,247,348 shares of the specialty retailer’s stock after acquiring an additional 1,158,094 shares during the quarter. Bank of Montreal Can owned about 0.15% of O’Reilly Automotive worth $112,423,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Lindbrook Capital LLC boosted its position in O’Reilly Automotive by 2.6% during the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer’s stock valued at $448,000 after acquiring an additional 8 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in O’Reilly Automotive by 1.2% during the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock valued at $953,000 after acquiring an additional 8 shares during the last quarter. Journey Strategic Wealth LLC raised its holdings in shares of O’Reilly Automotive by 4.2% during the first quarter. Journey Strategic Wealth LLC now owns 221 shares of the specialty retailer’s stock valued at $317,000 after purchasing an additional 9 shares during the period. Foundations Investment Advisors LLC raised its holdings in shares of O’Reilly Automotive by 2.3% during the first quarter. Foundations Investment Advisors LLC now owns 395 shares of the specialty retailer’s stock valued at $566,000 after purchasing an additional 9 shares during the period. Finally, Hemington Wealth Management raised its holdings in shares of O’Reilly Automotive by 4.5% during the first quarter. Hemington Wealth Management now owns 207 shares of the specialty retailer’s stock valued at $296,000 after purchasing an additional 9 shares during the period. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

ORLY opened at $91.70 on Tuesday. O’Reilly Automotive, Inc. has a fifty-two week low of $76.75 and a fifty-two week high of $108.71. The firm has a market capitalization of $77.81 billion, a PE ratio of 31.77, a P/E/G ratio of 2.48 and a beta of 0.60. The company’s 50-day moving average is $102.62 and its 200 day moving average is $96.86.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The company had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. During the same quarter in the prior year, the business posted $11.41 EPS. The firm’s revenue was up 7.8% compared to the same quarter last year. 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 EPS for the current year.

Analyst Ratings Changes

ORLY has been the topic of several research reports. Morgan Stanley upped their price objective on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. UBS Group reiterated a “buy” rating and set a $120.00 price objective (up previously from $115.00) on shares of O’Reilly Automotive in a report on Wednesday, October 15th. Barclays set a $91.00 price objective on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a report on Monday, October 27th. JPMorgan Chase & Co. upped their price objective on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a report on Monday, July 21st. Finally, Mizuho set a $112.00 price objective on shares of O’Reilly Automotive in a report on Monday, October 20th. Eighteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average price target of $112.28.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the sale, the director owned 15,935 shares in the company, valued at approximately $1,630,309.85. This trade represents a 3.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of the sale, the senior vice president owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 91,080 shares of company stock worth $9,341,746. Insiders own 1.01% of the company’s stock.

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.