Trust Co. of Toledo NA OH Takes Position in O’Reilly Automotive, Inc. $ORLY

Trust Co. of Toledo NA OH acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the second quarter, HoldingsChannel reports. The institutional investor acquired 1,845 shares of the specialty retailer’s stock, valued at approximately $166,000.

Other hedge funds also recently made changes to their positions in the company. HWG Holdings LP acquired a new position in shares of O’Reilly Automotive in the 1st quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new position in shares of O’Reilly Automotive in the 1st quarter valued at $25,000. HighMark Wealth Management LLC raised its stake in shares of O’Reilly Automotive by 185.7% in the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 13 shares in the last quarter. Elequin Capital LP bought a new stake in shares of O’Reilly Automotive in the 1st quarter worth about $30,000. Finally, Saudi Central Bank bought a new stake in shares of O’Reilly Automotive in the 1st quarter worth about $33,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on ORLY shares. Argus started coverage on shares of O’Reilly Automotive in a report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 target price on the stock. Guggenheim upped their target price on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, July 25th. JPMorgan Chase & Co. upped their target price on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, July 21st. BMO Capital Markets upped their target price on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of O’Reilly Automotive in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $107.17.

O’Reilly Automotive Stock Up 2.4%

Shares of NASDAQ:ORLY opened at $102.15 on Friday. O’Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71. The company’s 50-day moving average price is $103.90 and its two-hundred day moving average price is $96.10. The firm has a market cap of $86.67 billion, a P/E ratio of 36.52, a P/E/G ratio of 2.70 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 EPS for the quarter, hitting analysts’ consensus estimates 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 for 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 company’s revenue was up 5.9% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 5,050 shares of the stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total transaction of $500,303.50. Following the sale, the senior vice president owned 2,876 shares of the company’s stock, valued at $284,925.32. This represents a 63.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the sale, the senior vice president directly owned 10,305 shares in the company, valued at approximately $1,056,674.70. This represents a 89.57% decrease in their position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 in the last quarter. Insiders own 1.01% of the company’s stock.

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.