O’Reilly Automotive, Inc. $ORLY Position Raised by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,547.2% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 9,290 shares of the specialty retailer’s stock after buying an additional 8,726 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in O’Reilly Automotive were worth $837,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ORLY. TD Cowen raised their price target on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a report on Monday, September 15th. Cowen reissued a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. UBS Group reissued a “buy” rating and set a $120.00 price target (up from $115.00) on shares of O’Reilly Automotive in a report on Wednesday. Argus began coverage on O’Reilly Automotive in a report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price target on the stock. Finally, BMO Capital Markets raised their price target on O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $109.12.

Insider Buying and Selling

In related news, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the transaction, the director 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of O’Reilly Automotive stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president directly owned 12,826 shares in the company, valued at $1,331,467.06. This represents a 13.49% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Down 0.9%

NASDAQ:ORLY opened at $101.17 on Friday. The business’s 50-day moving average price is $103.86 and its 200 day moving average price is $96.30. The firm has a market cap of $85.84 billion, a P/E ratio of 36.17, a PEG ratio of 2.70 and a beta of 0.60. O’Reilly Automotive, Inc. has a 52-week low of $76.22 and a 52-week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.78. The firm 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%.O’Reilly Automotive’s revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the company earned $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Sell-side 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.