O’Reilly Automotive, Inc. $ORLY Shares Acquired by Phoenix Financial Ltd.

Phoenix Financial Ltd. raised its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,797.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,326 shares of the specialty retailer’s stock after purchasing an additional 4,098 shares during the period. Phoenix Financial Ltd.’s holdings in O’Reilly Automotive were worth $390,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new position in shares of O’Reilly Automotive during the first quarter worth $25,000. Oakworth Capital Inc. grew its holdings in shares of O’Reilly Automotive by 1,257.1% during the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 264 shares during the last quarter. HighMark Wealth Management LLC grew its holdings in shares of O’Reilly Automotive by 1,400.0% during the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 280 shares during the last quarter. ORG Partners LLC grew its holdings 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 valued at $28,000 after buying an additional 277 shares during the last quarter. Finally, Elequin Capital LP purchased a new stake in shares of O’Reilly Automotive during the first quarter valued at $30,000. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $101.21 on Thursday. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The firm has a market cap of $85.88 billion, a price-to-earnings ratio of 36.18, a PEG ratio of 2.68 and a beta of 0.60. The firm’s fifty day moving average is $103.73 and its two-hundred day moving average is $96.48.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating the consensus estimate of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. During the same period in the prior year, the company earned $11.41 earnings per share. The firm’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 research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Activity

In other 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 directly owned 2,876 shares of the company’s stock, valued at $284,925.32. This represents a 63.71% decrease in their position. The transaction was disclosed in a legal 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 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 directly owned 12,826 shares in the company, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 125,635 shares of company stock valued at $12,740,916. Insiders own 1.01% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ORLY. Guggenheim boosted their price objective on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a report on Friday, July 25th. Cowen reissued a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. JPMorgan Chase & Co. boosted their price objective on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a report on Monday, July 21st. DA Davidson boosted their price objective on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 25th. Finally, Citigroup boosted their price objective on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $110.04.

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.