Flputnam Investment Management Co. Acquires 151 Shares of O’Reilly Automotive, Inc. $ORLY

Flputnam Investment Management Co. grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,367 shares of the specialty retailer’s stock after purchasing an additional 151 shares during the quarter. Flputnam Investment Management Co.’s holdings in O’Reilly Automotive were worth $11,986,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HWG Holdings LP bought a new position in O’Reilly Automotive during the first quarter worth about $26,000. Bank of Jackson Hole Trust bought a new position in O’Reilly Automotive during the first quarter worth about $25,000. HighMark Wealth Management LLC boosted its position in O’Reilly Automotive by 185.7% during the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 13 shares during the period. Elequin Capital LP bought a new position in O’Reilly Automotive during the first quarter worth about $30,000. Finally, Saudi Central Bank bought a new position in O’Reilly Automotive during the first quarter worth about $33,000. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on ORLY. Barclays reiterated an “equal weight” rating and set a $86.00 target price on shares of O’Reilly Automotive in a research report on Friday, July 25th. DA Davidson raised their price objective on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Truist Financial raised their price objective on shares of O’Reilly Automotive from $103.00 to $109.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Argus initiated coverage on shares of O’Reilly Automotive in a research report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price objective for the company. Finally, Guggenheim raised their price objective on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, O’Reilly Automotive currently has a consensus rating of “Buy” and an average target price of $104.40.

O’Reilly Automotive Trading Down 0.3%

ORLY stock opened at $103.68 on Monday. The firm has a 50 day moving average of $96.98 and a 200-day moving average of $92.87. O’Reilly Automotive, Inc. has a 12 month low of $73.11 and a 12 month high of $104.86. The firm has a market capitalization of $87.97 billion, a P/E ratio of 37.06, a price-to-earnings-growth ratio of 2.74 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.78. The business had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. O’Reilly Automotive’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the firm posted $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Sell-side analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity at O’Reilly Automotive

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value 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. This trade represents a 13.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Mark Joseph Merz sold 5,050 shares of the firm’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total transaction of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares in the company, valued at $284,925.32. This represents a 63.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 125,635 shares of company stock valued at $12,740,916. Company 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.