Community Financial Services Group LLC Purchases 43,541 Shares of O’Reilly Automotive, Inc. $ORLY

Community Financial Services Group LLC increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,432.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,581 shares of the specialty retailer’s stock after purchasing an additional 43,541 shares during the period. Community Financial Services Group LLC’s holdings in O’Reilly Automotive were worth $4,198,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Centricity Wealth Management LLC boosted its stake in O’Reilly Automotive by 1,400.0% in the 2nd quarter. Centricity Wealth Management LLC now owns 615 shares of the specialty retailer’s stock worth $55,000 after purchasing an additional 574 shares in the last quarter. Deltec Asset Management LLC bought a new position in O’Reilly Automotive in the 2nd quarter worth about $1,252,000. Trilogy Capital Inc. bought a new position in O’Reilly Automotive in the 2nd quarter worth about $237,000. Trust Co. of Vermont boosted its stake in O’Reilly Automotive by 1,400.0% in the 2nd quarter. Trust Co. of Vermont now owns 2,700 shares of the specialty retailer’s stock worth $243,000 after purchasing an additional 2,520 shares in the last quarter. Finally, Forbes J M & Co. LLP boosted its stake in O’Reilly Automotive by 1,410.0% in the 2nd quarter. Forbes J M & Co. LLP now owns 72,630 shares of the specialty retailer’s stock worth $6,546,000 after purchasing an additional 67,820 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Activity

In related news, SVP Mark Joseph Merz sold 5,050 shares of the 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 of the company’s stock, valued at approximately $284,925.32. This represents a 63.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 transaction of $207,620.00. Following the completion of the sale, the senior vice president directly owned 12,826 shares of the company’s stock, valued at $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is owned by insiders.

O’Reilly Automotive Stock Down 2.0%

NASDAQ ORLY opened at $105.68 on Thursday. O’Reilly Automotive, Inc. has a 52 week low of $75.93 and a 52 week high of $108.71. The firm has a market capitalization of $89.67 billion, a P/E ratio of 37.78, a PEG ratio of 2.85 and a beta of 0.60. The company has a 50-day moving average price of $103.33 and a 200-day moving average price of $95.47.

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

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on ORLY shares. BMO Capital Markets upped their target price on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Barclays restated 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. UBS Group upped their target price on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. Wells Fargo & Company upped their target price on shares of O’Reilly Automotive from $103.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. Finally, DA Davidson upped their target price on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, O’Reilly Automotive 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.