Clear Creek Financial Management LLC grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,855.5% in the second quarter, Holdings Channel.com reports. The firm owned 5,006 shares of the specialty retailer’s stock after purchasing an additional 4,750 shares during the period. Clear Creek Financial Management LLC’s holdings in O’Reilly Automotive were worth $451,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the business. Adero Partners LLC boosted its position in shares of O’Reilly Automotive by 1.9% in the first quarter. Adero Partners LLC now owns 425 shares of the specialty retailer’s stock worth $609,000 after buying an additional 8 shares during the period. Avior Wealth Management LLC boosted its position in shares of O’Reilly Automotive by 3.5% in the first quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer’s stock worth $342,000 after buying an additional 8 shares during the period. Lindbrook Capital LLC boosted its position in shares of O’Reilly Automotive by 2.6% in the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer’s stock worth $448,000 after buying an additional 8 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of O’Reilly Automotive by 1.2% in the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock worth $953,000 after buying an additional 8 shares during the period. Finally, Deseret Mutual Benefit Administrators boosted its position in shares of O’Reilly Automotive by 3.2% in the first quarter. Deseret Mutual Benefit Administrators now owns 291 shares of the specialty retailer’s stock worth $417,000 after buying an additional 9 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.
Analyst Ratings Changes
ORLY has been the subject of several recent analyst reports. Truist Financial raised their target price on O’Reilly Automotive from $103.00 to $109.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. JPMorgan Chase & Co. increased their price objective on O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, July 21st. TD Cowen increased their price objective on O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Wolfe Research assumed coverage on O’Reilly Automotive in a report on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective for the company. Finally, Guggenheim increased their price objective on O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $107.17.
Insider Buying and Selling at O’Reilly Automotive
In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 29,505 shares of the stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president directly owned 4,234 shares of the company’s stock, valued at $415,990.50. This represents a 87.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Maria Sastre sold 595 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the sale, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 125,635 shares of company stock valued at $12,740,916. Corporate insiders own 1.01% of the company’s stock.
O’Reilly Automotive Price Performance
O’Reilly Automotive stock opened at $102.15 on Friday. The company has a market capitalization of $86.67 billion, a price-to-earnings ratio of 36.52, a PEG ratio of 2.64 and a beta of 0.60. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The company’s fifty day moving average price is $103.90 and its two-hundred day moving average price is $96.07.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. The firm 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%. The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the business posted $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.
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.
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