Stephens Inc. AR Buys 88,234 Shares of O’Reilly Automotive, Inc. $ORLY

Stephens Inc. AR lifted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,439.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 94,365 shares of the specialty retailer’s stock after buying an additional 88,234 shares during the period. Stephens Inc. AR’s holdings in O’Reilly Automotive were worth $8,505,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Sentry Investment Management LLC boosted its stake in shares of O’Reilly Automotive by 1,400.0% in the second quarter. Sentry Investment Management LLC now owns 2,640 shares of the specialty retailer’s stock valued at $242,000 after buying an additional 2,464 shares during the period. Eos Management L.P. raised its position in O’Reilly Automotive by 1,878.8% during the second quarter. Eos Management L.P. now owns 88,275 shares of the specialty retailer’s stock valued at $7,956,000 after purchasing an additional 83,814 shares in the last quarter. Cidel Asset Management Inc. raised its position in O’Reilly Automotive by 1,325.6% during the second quarter. Cidel Asset Management Inc. now owns 2,894 shares of the specialty retailer’s stock valued at $261,000 after purchasing an additional 2,691 shares in the last quarter. Forvis Mazars Wealth Advisors LLC raised its position in O’Reilly Automotive by 1,413.8% during the second quarter. Forvis Mazars Wealth Advisors LLC now owns 200,671 shares of the specialty retailer’s stock valued at $18,086,000 after purchasing an additional 187,415 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its position in O’Reilly Automotive by 1,458.1% during the second quarter. Chicago Partners Investment Group LLC now owns 26,909 shares of the specialty retailer’s stock valued at $2,568,000 after purchasing an additional 25,182 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $100.97 on Tuesday. O’Reilly Automotive, Inc. has a fifty-two week low of $76.22 and a fifty-two week high of $108.71. The stock has a market cap of $85.67 billion, a price-to-earnings ratio of 36.10, a PEG ratio of 2.68 and a beta of 0.60. The firm’s 50-day simple moving average is $103.77 and its 200 day simple moving average is $96.41.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. The business had revenue of $4.53 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter last year, the firm earned $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on ORLY. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Argus assumed coverage on shares of O’Reilly Automotive in a research note on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price objective on the stock. DA Davidson upped their price target 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. JPMorgan Chase & Co. increased their price objective on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Finally, Royal Bank Of Canada increased their price objective on shares of O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $110.04.

Insider Buying and Selling

In related news, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director owned 15,935 shares of the company’s stock, valued at $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Mark Joseph Merz sold 29,505 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total value of $2,898,866.25. Following the transaction, the senior vice president directly owned 4,234 shares in the company, valued at approximately $415,990.50. The trade was a 87.45% decrease in their position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 in the last ninety days. Corporate insiders own 1.01% of the company’s stock.

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.