Maryland State Retirement & Pension System Has $3.73 Million Stock Holdings in O’Reilly Automotive, Inc. $ORLY

Maryland State Retirement & Pension System grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,431.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,422 shares of the specialty retailer’s stock after buying an additional 38,718 shares during the period. Maryland State Retirement & Pension System’s holdings in O’Reilly Automotive were worth $3,733,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its stake in shares of O’Reilly Automotive by 16.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock valued at $33,227,000 after buying an additional 3,272 shares during the period. Vanguard Group Inc. increased its stake in shares of O’Reilly Automotive by 1.5% in the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after buying an additional 75,125 shares during the period. Prime Capital Investment Advisors LLC increased its stake in shares of O’Reilly Automotive by 1,063.1% in the second quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock valued at $9,724,000 after buying an additional 98,616 shares during the period. Massachusetts Financial Services Co. MA increased its stake in shares of O’Reilly Automotive by 33.9% in the first quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock valued at $836,357,000 after buying an additional 147,904 shares during the period. Finally, CCM Investment Group LLC acquired a new stake in shares of O’Reilly Automotive in the first quarter valued at about $4,672,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, 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 owned 15,935 shares in the company, valued at approximately $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 value of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares in the company, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock worth $12,740,916 in the last three months. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $99.72 on Friday. The business’s 50 day simple moving average is $103.84 and its two-hundred day simple moving average is $96.00. The firm has a market cap of $84.61 billion, a P/E ratio of 35.65, a PEG ratio of 2.66 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.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ORLY. Cowen reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Guggenheim raised their target price on O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Barclays reaffirmed an “equal weight” rating and set a $86.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 25th. Royal Bank Of Canada raised their target price on O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Finally, Citigroup raised their target price on O’Reilly Automotive from $104.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $107.17.

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.