O’Reilly Automotive, Inc. $ORLY Stock Position Increased by Eos Management L.P.

Eos Management L.P. boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,878.8% during the 2nd quarter, Holdings Channel reports. The firm owned 88,275 shares of the specialty retailer’s stock after buying an additional 83,814 shares during the quarter. O’Reilly Automotive makes up about 3.4% of Eos Management L.P.’s holdings, making the stock its 5th biggest position. Eos Management L.P.’s holdings in O’Reilly Automotive were worth $7,956,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Bank of Jackson Hole Trust bought a new stake in shares of O’Reilly Automotive in the 1st quarter worth about $25,000. HWG Holdings LP bought a new stake in shares of O’Reilly Automotive in the 1st quarter worth about $26,000. Oakworth Capital Inc. increased its holdings in shares of O’Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after buying an additional 264 shares during the last quarter. HighMark Wealth Management LLC increased its holdings in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after buying an additional 280 shares during the last quarter. Finally, ORG Partners LLC increased its holdings in shares of O’Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after buying an additional 277 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $101.60 on Monday. O’Reilly Automotive, Inc. has a 1-year low of $76.22 and a 1-year high of $108.71. The firm has a market capitalization of $86.21 billion, a P/E ratio of 36.32, a price-to-earnings-growth ratio of 2.68 and a beta of 0.60. The company’s 50-day moving average is $103.82 and its 200 day moving average is $96.36.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data 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 net margin of 14.15% and a negative return on equity of 181.53%. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the company posted $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ORLY. Guggenheim boosted their target price on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Weiss Ratings restated a “buy (b)” rating on shares of O’Reilly Automotive in a report on Wednesday, October 8th. Barclays restated an “equal weight” rating and issued a $86.00 target price on shares of O’Reilly Automotive in a report on Friday, July 25th. DA Davidson increased their price objective on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Finally, UBS Group reissued a “buy” rating and issued a $120.00 price objective (up from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday. One equities research 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 stock. According to MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average price target of $109.12.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of the company’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 transaction, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. This represents a 3.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Mark Joseph Merz sold 29,505 shares of the company’s stock in a transaction dated 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 completion of the transaction, the senior vice president owned 4,234 shares in the company, valued at $415,990.50. This represents a 87.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 over the last 90 days. 1.01% of the stock is currently owned by insiders.

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.