MUFG Securities EMEA plc Takes $9.46 Million Position in O’Reilly Automotive, Inc. $ORLY

MUFG Securities EMEA plc bought a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 104,999 shares of the specialty retailer’s stock, valued at approximately $9,464,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Lindbrook Capital LLC boosted its holdings in shares of O’Reilly Automotive by 2.6% during the 1st quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer’s stock worth $448,000 after buying an additional 8 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of O’Reilly Automotive by 1.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock valued at $953,000 after acquiring an additional 8 shares during the period. Journey Strategic Wealth LLC boosted its stake in O’Reilly Automotive by 4.2% during the first quarter. Journey Strategic Wealth LLC now owns 221 shares of the specialty retailer’s stock worth $317,000 after acquiring an additional 9 shares in the last quarter. Foundations Investment Advisors LLC boosted its stake in O’Reilly Automotive by 2.3% during the first quarter. Foundations Investment Advisors LLC now owns 395 shares of the specialty retailer’s stock worth $566,000 after acquiring an additional 9 shares in the last quarter. Finally, Hemington Wealth Management grew its holdings in O’Reilly Automotive by 4.5% in the first quarter. Hemington Wealth Management now owns 207 shares of the specialty retailer’s stock worth $296,000 after purchasing an additional 9 shares during the period. 85.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ORLY shares. Weiss Ratings reissued a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Friday. Argus assumed coverage on O’Reilly Automotive in a research note on Wednesday, August 13th. They set a “buy” rating and a $120.00 price target on the stock. Mizuho set a $112.00 price objective on O’Reilly Automotive in a research note on Monday, October 20th. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. Finally, Truist Financial set a $109.00 target price on O’Reilly Automotive in a report on Friday, October 24th. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and an average price target of $112.28.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of the business’s stock in a transaction on 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 in the company, valued at $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at $1,331,467.06. The trade was a 13.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 91,080 shares of company stock worth $9,341,746 in the last quarter. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Down 0.7%

ORLY stock opened at $94.44 on Friday. The business has a 50 day moving average of $102.83 and a 200-day moving average of $96.82. The firm has a market cap of $80.13 billion, a PE ratio of 32.72, a P/E/G ratio of 2.48 and a beta of 0.60. O’Reilly Automotive, Inc. has a 12-month low of $76.22 and a 12-month high of $108.71.

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

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.