Phoenix Financial Ltd. Grows Stake in O’Reilly Automotive, Inc. $ORLY

Phoenix Financial Ltd. increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,797.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,326 shares of the specialty retailer’s stock after acquiring an additional 4,098 shares during the period. Phoenix Financial Ltd.’s holdings in O’Reilly Automotive were worth $390,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of ORLY. GAMMA Investing LLC boosted its position in shares of O’Reilly Automotive by 22.3% during the first quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer’s stock valued at $1,822,000 after buying an additional 232 shares during the period. Valmark Advisers Inc. boosted its position in shares of O’Reilly Automotive by 4.7% during the first quarter. Valmark Advisers Inc. now owns 404 shares of the specialty retailer’s stock valued at $579,000 after buying an additional 18 shares during the period. Asset Management One Co. Ltd. boosted its position in shares of O’Reilly Automotive by 6.1% during the first quarter. Asset Management One Co. Ltd. now owns 25,476 shares of the specialty retailer’s stock valued at $36,496,000 after buying an additional 1,473 shares during the period. Consolidated Portfolio Review Corp boosted its position in shares of O’Reilly Automotive by 9.3% during the first quarter. Consolidated Portfolio Review Corp now owns 328 shares of the specialty retailer’s stock valued at $470,000 after buying an additional 28 shares during the period. Finally, YHB Investment Advisors Inc. boosted its position in shares of O’Reilly Automotive by 5.7% during the first quarter. YHB Investment Advisors Inc. now owns 259 shares of the specialty retailer’s stock valued at $371,000 after buying an additional 14 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on ORLY. Truist Financial boosted their target price on O’Reilly Automotive from $103.00 to $109.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Barclays reaffirmed an “equal weight” rating and set a $86.00 price target on shares of O’Reilly Automotive in a research note on Friday, July 25th. UBS Group reaffirmed a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. TD Cowen lifted their price target on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Finally, Royal Bank Of Canada lifted their price target on shares of O’Reilly Automotive from $98.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. One equities 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $110.04.

O’Reilly Automotive Stock Down 0.1%

Shares of NASDAQ:ORLY opened at $101.21 on Thursday. The company has a market capitalization of $85.88 billion, a price-to-earnings ratio of 36.18, a price-to-earnings-growth ratio of 2.68 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. The firm has a 50 day moving average of $103.73 and a 200 day moving average of $96.48.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The company had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. O’Reilly Automotive’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 29,505 shares of the business’s 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 completion of the transaction, the senior vice president owned 4,234 shares of the company’s stock, valued at $415,990.50. The trade was a 87.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of the transaction, the senior vice president directly owned 10,305 shares of the company’s stock, valued at $1,056,674.70. This trade represents a 89.57% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is currently owned by corporate insiders.

O’Reilly Automotive 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.