Clarity Capital Partners LLC Purchases 5,600 Shares of O’Reilly Automotive, Inc. $ORLY

Clarity Capital Partners LLC boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,000 shares of the specialty retailer’s stock after buying an additional 5,600 shares during the quarter. Clarity Capital Partners LLC’s holdings in O’Reilly Automotive were worth $541,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. HWG Holdings LP acquired a new stake in O’Reilly Automotive in the 1st quarter valued at approximately $26,000. Bank of Jackson Hole Trust acquired a new stake in O’Reilly Automotive in the 1st quarter valued at approximately $25,000. HighMark Wealth Management LLC raised its position in O’Reilly Automotive by 185.7% in the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 13 shares during the last quarter. Elequin Capital LP acquired a new stake in O’Reilly Automotive in the 1st quarter valued at approximately $30,000. Finally, Saudi Central Bank acquired a new stake in O’Reilly Automotive in the 1st quarter valued at approximately $33,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on ORLY shares. UBS Group increased their price target on O’Reilly Automotive from $105.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, July 24th. Guggenheim increased their price target on O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Royal Bank Of Canada increased their price target on O’Reilly Automotive from $98.00 to $104.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. DA Davidson increased their price target on O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Finally, Wolfe Research started coverage on O’Reilly Automotive in a research report on Thursday, September 18th. They set an “outperform” rating and a $121.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Buy” and an average price target of $107.17.

Insider Transactions at O’Reilly Automotive

In other news, SVP Mark Joseph Merz sold 29,505 shares of the stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president owned 4,234 shares in the company, valued at approximately $415,990.50. This trade represents a 87.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 10,305 shares in the company, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock worth $12,740,916 in the last ninety days. 1.01% of the stock is currently owned by company insiders.

O’Reilly Automotive Stock Down 0.2%

NASDAQ:ORLY opened at $104.79 on Friday. The stock’s 50 day moving average price is $103.61 and its two-hundred day moving average price is $95.68. The firm has a market capitalization of $88.91 billion, a price-to-earnings ratio of 37.46, a P/E/G ratio of 2.77 and a beta of 0.60. O’Reilly Automotive, Inc. has a 12-month low of $76.10 and a 12-month high of $108.71.

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, hitting analysts’ consensus estimates of $0.78. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the company earned $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities research analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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.