O’Reilly Automotive, Inc. $ORLY Shares Purchased by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,389.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 73,825 shares of the specialty retailer’s stock after purchasing an additional 68,870 shares during the period. Oregon Public Employees Retirement Fund’s holdings in O’Reilly Automotive were worth $6,654,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC grew its holdings in shares of O’Reilly Automotive by 22.3% during the first quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer’s stock worth $1,822,000 after buying an additional 232 shares during the last quarter. Everhart Financial Group Inc. acquired a new stake in O’Reilly Automotive during the 1st quarter worth approximately $337,000. Elevation Point Wealth Partners LLC lifted its position in O’Reilly Automotive by 21.0% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 582 shares of the specialty retailer’s stock worth $834,000 after acquiring an additional 101 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of O’Reilly Automotive by 16.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock valued at $33,227,000 after purchasing an additional 3,272 shares during the last quarter. Finally, Missouri Trust & Investment Co increased its holdings in shares of O’Reilly Automotive by 0.3% in the first quarter. Missouri Trust & Investment Co now owns 27,833 shares of the specialty retailer’s stock valued at $39,873,000 after purchasing an additional 75 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 5,050 shares of the business’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares in the company, valued at approximately $284,925.32. The trade was a 63.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of the company’s 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 transaction, the senior vice president directly owned 12,826 shares of the company’s stock, valued at $1,331,467.06. This trade represents a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock valued at $12,740,916 over the last three months. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of ORLY opened at $102.15 on Monday. The firm has a 50 day simple moving average of $103.90 and a 200-day simple moving average of $96.11. O’Reilly Automotive, Inc. has a 1-year low of $76.22 and a 1-year high of $108.71. The stock has a market cap of $86.67 billion, a price-to-earnings ratio of 36.52, a price-to-earnings-growth ratio of 2.70 and a beta of 0.60.

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 analysts’ consensus estimates 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 business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter last 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 expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Guggenheim increased their price target on O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Barclays restated an “equal weight” rating and issued a $86.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 25th. UBS Group boosted their price target on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. JPMorgan Chase & Co. lifted their price objective on O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a report on Monday, July 21st. Finally, BMO Capital Markets boosted their target price on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Two equities research 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. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus 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.