Boyd Watterson Asset Management LLC OH Raises Stock Position in O’Reilly Automotive, Inc. $ORLY

Boyd Watterson Asset Management LLC OH increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,289.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,880 shares of the specialty retailer’s stock after acquiring an additional 22,161 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in O’Reilly Automotive were worth $2,152,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ORLY. Bessemer Group Inc. grew its holdings in shares of O’Reilly Automotive by 1,558.2% during the second quarter. Bessemer Group Inc. now owns 4,356,249 shares of the specialty retailer’s stock worth $392,630,000 after buying an additional 4,093,545 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of O’Reilly Automotive by 1,388.0% during the second quarter. Envestnet Asset Management Inc. now owns 3,853,598 shares of the specialty retailer’s stock worth $347,325,000 after buying an additional 3,594,612 shares in the last quarter. William Blair Investment Management LLC grew its holdings in shares of O’Reilly Automotive by 1,269.2% during the second quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer’s stock worth $319,428,000 after buying an additional 3,285,249 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings 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 worth $197,803,000 after buying an additional 2,048,453 shares in the last quarter. Finally, TD Asset Management Inc grew its holdings in shares of 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 buying an additional 1,994,449 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 1.5%

Shares of ORLY opened at $95.79 on Tuesday. O’Reilly Automotive, Inc. has a 12-month low of $76.22 and a 12-month high of $108.71. The firm has a 50-day moving average price of $103.47 and a 200 day moving average price of $96.76. The firm has a market capitalization of $81.28 billion, a P/E ratio of 33.18, a P/E/G ratio of 2.56 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The firm had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. During the same quarter in the prior year, the firm posted $11.41 earnings per share. O’Reilly Automotive’s quarterly 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. Equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently issued reports on ORLY. Royal Bank Of Canada set a $110.00 target price on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a report on Friday. Mizuho set a $112.00 target price on shares of O’Reilly Automotive in a report on Monday, October 20th. 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. Wells Fargo & Company set a $115.00 target price on shares of O’Reilly Automotive and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Finally, Evercore ISI upped their price objective on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Eighteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $112.28.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at $1,331,467.06. This trade represents a 13.49% 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, Director Maria Sastre sold 595 shares of the stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director directly owned 15,935 shares of the company’s stock, valued at approximately $1,630,309.85. This trade represents a 3.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 91,080 shares of company stock valued at $9,341,746 over the last 90 days. 1.01% of the stock is owned by company insiders.

About O’Reilly Automotive

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.