O’Reilly Automotive, Inc. $ORLY Stock Position Lifted by Howard Capital Management Inc.

Howard Capital Management Inc. grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3,389.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 51,288 shares of the specialty retailer’s stock after purchasing an additional 49,818 shares during the period. Howard Capital Management Inc.’s holdings in O’Reilly Automotive were worth $4,623,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Bessemer Group Inc. increased its stake in O’Reilly Automotive by 1,558.2% during the 2nd quarter. Bessemer Group Inc. now owns 4,356,249 shares of the specialty retailer’s stock valued at $392,630,000 after buying an additional 4,093,545 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of O’Reilly Automotive by 1,388.0% in the second quarter. Envestnet Asset Management Inc. now owns 3,853,598 shares of the specialty retailer’s stock valued at $347,325,000 after acquiring an additional 3,594,612 shares in the last quarter. William Blair Investment Management LLC boosted its holdings in shares of O’Reilly Automotive by 1,269.2% in the second quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer’s stock valued at $319,428,000 after acquiring an additional 3,285,249 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of O’Reilly Automotive by 1,401.3% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,194,636 shares of the specialty retailer’s stock valued at $197,803,000 after acquiring an additional 2,048,453 shares during the period. Finally, TD Asset Management Inc raised its holdings in O’Reilly Automotive by 1,214.0% during the second quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer’s stock worth $194,567,000 after purchasing an additional 1,994,449 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wolfe Research started coverage on O’Reilly Automotive in a research note on Thursday, September 18th. They set an “outperform” rating and a $121.00 price target for the company. Citigroup raised their target price on O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Mizuho set a $112.00 price target on shares of O’Reilly Automotive in a research report on Monday, October 20th. Truist Financial set a $109.00 price target on shares of O’Reilly Automotive in a report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of O’Reilly Automotive in a research note on Wednesday, October 8th. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $112.28.

Insider Activity

In other O’Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction on Wednesday, August 6th. The shares were 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 of the company’s stock, valued at $1,331,467.06. The trade was a 13.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the sale, the senior vice president owned 10,305 shares of the company’s stock, valued at $1,056,674.70. The trade was a 89.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 91,080 shares of company stock worth $9,341,746 over the last 90 days. 1.01% of the stock is owned by company insiders.

O’Reilly Automotive Stock Down 1.5%

NASDAQ:ORLY opened at $95.79 on Tuesday. O’Reilly Automotive, Inc. has a 1-year low of $76.22 and a 1-year high of $108.71. The firm has a market capitalization of $81.28 billion, a price-to-earnings ratio of 33.18, a price-to-earnings-growth ratio of 2.56 and a beta of 0.60. The stock has a fifty day simple moving average of $103.47 and a 200 day simple moving average of $96.76.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. During the same quarter in the previous year, the company earned $11.41 EPS. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Equities analysts predict 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.