Prescott Group Capital Management L.L.C. Boosts Stock Position in O’Reilly Automotive, Inc. $ORLY

Prescott Group Capital Management L.L.C. boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,428.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,240 shares of the specialty retailer’s stock after buying an additional 67,515 shares during the period. O’Reilly Automotive makes up about 0.8% of Prescott Group Capital Management L.L.C.’s investment portfolio, making the stock its 26th largest holding. Prescott Group Capital Management L.L.C.’s holdings in O’Reilly Automotive were worth $6,511,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Acadian Asset Management LLC increased its holdings in shares of O’Reilly Automotive by 18,759.2% during the second quarter. Acadian Asset Management LLC now owns 296,467 shares of the specialty retailer’s stock valued at $26,715,000 after acquiring an additional 294,895 shares in the last quarter. CSM Advisors LLC boosted its stake in O’Reilly Automotive by 1,500.0% in the 2nd quarter. CSM Advisors LLC now owns 3,600 shares of the specialty retailer’s stock worth $325,000 after purchasing an additional 3,375 shares in the last quarter. Rathbones Group PLC boosted its stake in O’Reilly Automotive by 1,360.3% in the 2nd quarter. Rathbones Group PLC now owns 1,505,124 shares of the specialty retailer’s stock worth $135,657,000 after purchasing an additional 1,402,058 shares in the last quarter. Campbell & CO Investment Adviser LLC grew its position in O’Reilly Automotive by 5,074.7% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 21,682 shares of the specialty retailer’s stock valued at $1,954,000 after purchasing an additional 21,263 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in O’Reilly Automotive by 1,812.0% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 214,946 shares of the specialty retailer’s stock valued at $19,373,000 after purchasing an additional 203,704 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

O’Reilly Automotive Trading Up 2.2%

NASDAQ:ORLY opened at $97.09 on Friday. The company has a market cap of $82.38 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57. The company has a 50 day simple moving average of $101.93 and a two-hundred day simple moving average of $96.91. O’Reilly Automotive, Inc. has a 12 month low of $78.30 and a 12 month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, topping the consensus estimate of $0.83 by $0.02. The company had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.O’Reilly Automotive’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other news, SVP Carl David Wilbanks sold 88,485 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was 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 directly owned 10,305 shares in the company, valued at $1,056,674.70. This represents a 89.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the transaction, the director directly owned 8,125 shares in the company, valued at approximately $752,375. This represents a 27.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 92,205 shares of company stock valued at $9,423,501. Insiders own 1.01% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the subject of several recent analyst reports. 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, October 24th. Wells Fargo & Company set a $115.00 price target on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research report on Wednesday, October 15th. UBS Group restated a “buy” rating and issued a $120.00 price objective (up from $115.00) on shares of O’Reilly Automotive in a report on Wednesday, October 15th. Morgan Stanley upped their price objective on O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Finally, Evercore ISI lifted their target price on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, August 12th. Nineteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.89.

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.