Triasima Portfolio Management inc. Has $3.49 Million Stock Position in O’Reilly Automotive, Inc. $ORLY

Triasima Portfolio Management inc. lifted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 13,239.7% in the second quarter, HoldingsChannel reports. The firm owned 38,685 shares of the specialty retailer’s stock after purchasing an additional 38,395 shares during the period. Triasima Portfolio Management inc.’s holdings in O’Reilly Automotive were worth $3,487,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its stake in O’Reilly Automotive by 16.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock worth $33,227,000 after acquiring an additional 3,272 shares in the last quarter. Vanguard Group Inc. lifted its stake in 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 worth $7,504,421,000 after acquiring an additional 75,125 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in O’Reilly Automotive by 33.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock worth $836,357,000 after acquiring an additional 147,904 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its stake in O’Reilly Automotive by 1,063.1% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock worth $9,724,000 after acquiring an additional 98,616 shares in the last quarter. Finally, CCM Investment Group LLC purchased a new stake in O’Reilly Automotive in the 1st quarter worth about $4,672,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ORLY shares. Wolfe Research started coverage on O’Reilly Automotive in a research note on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price objective for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of O’Reilly Automotive in a research note on Saturday, September 27th. BMO Capital Markets raised their price target on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Royal Bank Of Canada raised their price target on O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Finally, TD Cowen raised their price target on O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive has an average rating of “Buy” and an average price target of $107.17.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $101.85 on Wednesday. The stock’s 50 day simple moving average is $103.79 and its 200 day simple moving average is $95.91. O’Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71. The company has a market capitalization of $86.42 billion, a price-to-earnings ratio of 36.41, a PEG ratio of 2.73 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.78. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. During the same period last year, the business earned $10.55 EPS. The firm’s revenue 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. On average, analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling

In related news, 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 value of $207,620.00. Following the transaction, the senior vice president directly owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mark Joseph Merz sold 29,505 shares of the firm’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total value of $2,898,866.25. Following the completion of the transaction, the senior vice president directly owned 4,234 shares in the company, valued at $415,990.50. The trade was a 87.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock valued at $12,740,916 over the last 90 days. 1.01% of the stock is currently owned by insiders.

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.