O’Reilly Automotive, Inc. $ORLY Shares Bought by Sapient Capital LLC

Sapient Capital LLC grew its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,378.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 420,797 shares of the specialty retailer’s stock after acquiring an additional 392,333 shares during the period. Sapient Capital LLC’s holdings in O’Reilly Automotive were worth $37,926,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of ORLY. Bank of Jackson Hole Trust acquired a new stake in shares of O’Reilly Automotive during the 1st quarter valued at approximately $25,000. HWG Holdings LP purchased a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $26,000. HighMark Wealth Management LLC increased its stake in shares of O’Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 13 shares in the last quarter. Elequin Capital LP purchased a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $30,000. Finally, Saudi Central Bank purchased a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $33,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director owned 15,935 shares in the company, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Mark Joseph Merz sold 29,505 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president owned 4,234 shares in the company, valued at $415,990.50. The trade was a 87.45% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 125,635 shares of company stock worth $12,740,916. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Trading Down 0.8%

NASDAQ:ORLY opened at $105.39 on Wednesday. The firm has a market capitalization of $89.42 billion, a price-to-earnings ratio of 37.68, a PEG ratio of 2.81 and a beta of 0.60. The firm’s fifty day simple moving average is $100.66 and its 200 day simple moving average is $94.28. O’Reilly Automotive, Inc. has a twelve month low of $73.33 and a twelve month high of $108.42.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting 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 net margin of 14.15% and a negative return on equity of 181.53%. The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of recent research reports. BMO Capital Markets raised their price objective on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Guggenheim raised their price objective on shares of 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 reissued an “equal weight” rating and set a $86.00 price objective on shares of O’Reilly Automotive in a research note on Friday, July 25th. DA Davidson raised their price objective on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Finally, Evercore ISI raised their price objective on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $106.36.

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.