Christopher Andrew Mancini Sells 2,355 Shares of O’Reilly Automotive (NASDAQ:ORLY) Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) SVP Christopher Andrew Mancini sold 2,355 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the sale, the senior vice president owned 28 shares of the company’s stock, valued at $2,836.68. This trade represents a 98.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

O’Reilly Automotive Stock Down 0.5%

Shares of ORLY traded down $0.46 during mid-day trading on Monday, hitting $101.24. 4,589,699 shares of the company’s stock were exchanged, compared to its average volume of 5,406,711. The stock has a market cap of $85.46 billion, a price-to-earnings ratio of 35.07, a P/E/G ratio of 2.48 and a beta of 0.57. The firm has a fifty day moving average of $100.23 and a two-hundred day moving average of $97.80. O’Reilly Automotive, Inc. has a twelve month low of $78.30 and a twelve month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.02. The business 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%. O’Reilly Automotive’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Institutional Investors Weigh In On O’Reilly Automotive

Hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. raised its stake in O’Reilly Automotive by 1.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock valued at $953,000 after purchasing an additional 8 shares during the last quarter. Hemington Wealth Management increased its holdings in shares of O’Reilly Automotive by 4.5% during the 1st quarter. Hemington Wealth Management now owns 207 shares of the specialty retailer’s stock worth $296,000 after purchasing an additional 9 shares during the period. Exencial Wealth Advisors LLC raised its position in shares of O’Reilly Automotive by 1.4% during the first quarter. Exencial Wealth Advisors LLC now owns 673 shares of the specialty retailer’s stock valued at $964,000 after buying an additional 9 shares during the last quarter. Cynosure Group LLC lifted its stake in shares of O’Reilly Automotive by 2.7% in the first quarter. Cynosure Group LLC now owns 344 shares of the specialty retailer’s stock valued at $493,000 after buying an additional 9 shares during the period. Finally, Cadence Bank lifted its stake in shares of O’Reilly Automotive by 0.6% in the first quarter. Cadence Bank now owns 1,474 shares of the specialty retailer’s stock valued at $2,112,000 after buying an additional 9 shares during the period. 85.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ORLY shares. The Goldman Sachs Group set a $121.00 price objective on O’Reilly Automotive and gave the company a “buy” rating in a report on Friday, October 24th. Wolfe Research began coverage on O’Reilly Automotive in a research report on Thursday, September 18th. They set an “outperform” rating and a $121.00 target price for the company. TD Cowen increased their price target on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a report on Monday, September 15th. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Finally, Truist Financial set a $109.00 price objective on shares of O’Reilly Automotive in a report on Friday, October 24th. Nineteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $111.89.

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.