Capital Market Strategies LLC Boosts Stock Position in O’Reilly Automotive, Inc. $ORLY

Capital Market Strategies LLC lifted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,347.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,865 shares of the specialty retailer’s stock after buying an additional 2,667 shares during the quarter. Capital Market Strategies LLC’s holdings in O’Reilly Automotive were worth $258,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Carolinas Wealth Consulting LLC boosted its position in shares of O’Reilly Automotive by 14.3% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer’s stock valued at $76,000 after purchasing an additional 8 shares during the period. Marcum Wealth LLC boosted its position in shares of O’Reilly Automotive by 4.0% in the 1st quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer’s stock valued at $301,000 after purchasing an additional 8 shares during the period. Adero Partners LLC boosted its position in shares of O’Reilly Automotive by 1.9% in the 1st quarter. Adero Partners LLC now owns 425 shares of the specialty retailer’s stock valued at $609,000 after purchasing an additional 8 shares during the period. Avior Wealth Management LLC boosted its position in shares of O’Reilly Automotive by 3.5% in the 1st quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer’s stock valued at $342,000 after purchasing an additional 8 shares during the period. Finally, Lindbrook Capital LLC boosted its position in shares of O’Reilly Automotive by 2.6% in the 1st quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer’s stock valued at $448,000 after purchasing an additional 8 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ORLY. Wells Fargo & Company upped their target price on O’Reilly Automotive from $103.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, July 24th. BMO Capital Markets upped their target price on O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. JPMorgan Chase & Co. upped their target price 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. Barclays reissued an “equal weight” rating and issued a $86.00 target price on shares of O’Reilly Automotive in a research report on Friday, July 25th. Finally, Truist Financial upped their price objective on O’Reilly Automotive from $103.00 to $109.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $104.40.

Insiders Place Their Bets

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the 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 completion of the transaction, the senior vice president directly owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Maria Sastre sold 595 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at approximately $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 125,635 shares of company stock valued at $12,740,916. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Down 0.3%

ORLY opened at $107.50 on Friday. The business has a 50 day moving average price of $100.11 and a two-hundred day moving average price of $94.03. The company has a market cap of $91.21 billion, a PE ratio of 38.43, a P/E/G ratio of 2.85 and a beta of 0.60. O’Reilly Automotive, Inc. has a 52 week low of $73.33 and a 52 week high of $108.42.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting the consensus estimate 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 negative return on equity of 181.53% and a net margin of 14.15%.The firm’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

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.