Orion Capital Management LLC Purchases 26,022 Shares of O’Reilly Automotive, Inc. $ORLY

Orion Capital Management LLC increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,322.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,990 shares of the specialty retailer’s stock after buying an additional 26,022 shares during the quarter. O’Reilly Automotive accounts for approximately 1.0% of Orion Capital Management LLC’s holdings, making the stock its 20th largest holding. Orion Capital Management LLC’s holdings in O’Reilly Automotive were worth $2,523,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of O’Reilly Automotive by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after purchasing an additional 75,125 shares during the period. William Blair Investment Management LLC lifted its stake in O’Reilly Automotive by 1,269.2% in the second quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer’s stock valued at $319,428,000 after buying an additional 3,285,249 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in O’Reilly Automotive by 1,401.3% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,194,636 shares of the specialty retailer’s stock valued at $197,803,000 after buying an additional 2,048,453 shares in the last quarter. TD Asset Management Inc boosted its holdings in shares of O’Reilly Automotive by 1,214.0% in the second quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer’s stock valued at $194,567,000 after buying an additional 1,994,449 shares during the period. Finally, Wellington Management Group LLP increased its position in shares of O’Reilly Automotive by 20.8% during the first quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer’s stock worth $2,757,148,000 after acquiring an additional 330,964 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Insider Activity at O’Reilly Automotive

In related news, SVP Carl David Wilbanks sold 88,485 shares of the company’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares in the company, valued at approximately $1,056,674.70. This represents a 89.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of the firm’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 sale, the senior vice president owned 12,826 shares of the company’s stock, valued at $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock valued at $12,740,916 over the last three months. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of ORLY stock opened at $97.27 on Friday. The company has a fifty day moving average price of $103.58 and a two-hundred day moving average price of $96.67. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The stock has a market cap of $82.53 billion, a P/E ratio of 33.70, a P/E/G ratio of 2.57 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The firm had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. During the same quarter in the previous year, the business earned $11.41 earnings per share. The business’s revenue 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, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on ORLY. The Goldman Sachs Group set a $121.00 price objective on shares of O’Reilly Automotive and gave the company a “buy” rating in a research report on Friday. Evercore ISI boosted their price target on O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Argus began coverage on O’Reilly Automotive in a report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price objective for the company. Royal Bank Of Canada set a $110.00 target price on O’Reilly Automotive and gave the company an “outperform” rating in a research note on Friday. Finally, Wolfe Research assumed coverage on shares of O’Reilly Automotive in a research note on Thursday, September 18th. They set an “outperform” rating and a $121.00 price target for the company. Eighteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $112.00.

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.