White Pine Capital LLC Buys 4,830 Shares of O’Reilly Automotive, Inc. $ORLY

White Pine Capital LLC increased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,175 shares of the specialty retailer’s stock after purchasing an additional 4,830 shares during the period. White Pine Capital LLC’s holdings in O’Reilly Automotive were worth $466,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ORLY. Oxbow Advisors LLC raised its position in shares of O’Reilly Automotive by 785.7% during the second quarter. Oxbow Advisors LLC now owns 66,315 shares of the specialty retailer’s stock worth $5,977,000 after purchasing an additional 58,828 shares during the period. Providence First Trust Co grew its position in shares of O’Reilly Automotive by 1,433.6% in the 2nd quarter. Providence First Trust Co now owns 6,855 shares of the specialty retailer’s stock valued at $618,000 after purchasing an additional 6,408 shares during the period. Maryland State Retirement & Pension System increased its stake in O’Reilly Automotive by 1,431.9% during the 2nd quarter. Maryland State Retirement & Pension System now owns 41,422 shares of the specialty retailer’s stock worth $3,733,000 after purchasing an additional 38,718 shares in the last quarter. Vanguard Group Inc. raised its holdings in O’Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock worth $7,504,421,000 after buying an additional 75,125 shares during the period. Finally, Prime Capital Investment Advisors LLC raised its holdings in O’Reilly Automotive by 1,063.1% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock worth $9,724,000 after buying an additional 98,616 shares during the period. Institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the transaction, the director owned 8,125 shares in the company, valued at approximately $752,375. This trade represents a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.01% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. TD Cowen increased their price objective on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Morgan Stanley upped their target price on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. DA Davidson increased their target price on O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Barclays set a $91.00 price target on O’Reilly Automotive and gave the company an “equal weight” rating in a research note on Monday, October 27th. Finally, Truist Financial set a $109.00 price objective on O’Reilly Automotive in a research report on Friday, October 24th. Nineteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $111.89.

O’Reilly Automotive Trading Up 0.3%

Shares of ORLY opened at $99.01 on Friday. The company’s fifty day simple moving average is $100.76 and its 200 day simple moving average is $97.27. O’Reilly Automotive, Inc. has a 1-year low of $78.30 and a 1-year high of $108.71. The company has a market cap of $83.57 billion, a price-to-earnings ratio of 34.30, a PEG ratio of 2.48 and a beta of 0.57.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The firm had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. During the same quarter last year, the company posted $11.41 earnings per share. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

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.