Deseret Mutual Benefit Administrators Acquires 4,074 Shares of O’Reilly Automotive, Inc. $ORLY

Deseret Mutual Benefit Administrators lifted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,365 shares of the specialty retailer’s stock after acquiring an additional 4,074 shares during the quarter. Deseret Mutual Benefit Administrators’ holdings in O’Reilly Automotive were worth $393,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ORLY. Bank of Jackson Hole Trust purchased a new position in shares of O’Reilly Automotive during the first quarter worth $25,000. Oakworth Capital Inc. boosted its holdings in O’Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 264 shares during the last quarter. HighMark Wealth Management LLC lifted its holdings in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 280 shares during the last quarter. ORG Partners LLC increased its position in shares of O’Reilly Automotive by 839.4% during the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 277 shares during the period. Finally, Elequin Capital LP purchased a new position in O’Reilly Automotive in the first quarter valued at $30,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at O’Reilly Automotive

In related news, Director Maria Sastre sold 595 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the sale, the director directly owned 15,935 shares of the company’s stock, valued at $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president 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 SEC filing for this sale provides additional information. In the last three months, insiders sold 91,080 shares of company stock worth $9,341,746. 1.01% of the stock is owned by company insiders.

O’Reilly Automotive Stock Up 0.5%

Shares of ORLY stock opened at $96.30 on Wednesday. O’Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71. The business’s 50 day moving average is $103.33 and its two-hundred day moving average is $96.80. The company has a market cap of $81.71 billion, a PE ratio of 33.36, a price-to-earnings-growth ratio of 2.52 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating 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 company had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. During the same period last year, the business earned $11.41 earnings per share. The business’s revenue was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, equities analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Analysts Set New Price Targets

ORLY has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. increased their target price on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, July 21st. Weiss Ratings restated a “buy (b)” rating on shares of O’Reilly Automotive in a report on Wednesday, October 8th. The Goldman Sachs Group set a $121.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research report on Friday. Evercore ISI lifted their price target 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. Finally, Royal Bank Of Canada set a $110.00 target price on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research note on Friday. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $112.28.

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.