Alexander Labrunerie & CO. Inc. Purchases 6,808 Shares of O’Reilly Automotive, Inc. $ORLY

Alexander Labrunerie & CO. Inc. raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,442.4% in the 2nd quarter, Holdings Channel reports. The firm owned 7,280 shares of the specialty retailer’s stock after buying an additional 6,808 shares during the period. Alexander Labrunerie & CO. Inc.’s holdings in O’Reilly Automotive were worth $656,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new stake in shares of O’Reilly Automotive during the first quarter worth $25,000. Elequin Capital LP bought a new stake in shares of O’Reilly Automotive during the first quarter worth $30,000. Saudi Central Bank bought a new stake in shares of O’Reilly Automotive during the first quarter worth $33,000. Accredited Wealth Management LLC bought a new stake in shares of O’Reilly Automotive during the first quarter worth $42,000. Finally, Vestor Capital LLC bought a new stake in shares of O’Reilly Automotive during the first quarter worth $43,000. Institutional investors own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Wolfe Research assumed coverage on shares of O’Reilly Automotive in a research report on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective for the company. Argus initiated coverage on shares of O’Reilly Automotive in a research report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price objective for the company. Guggenheim increased 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. Citigroup boosted their price target on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Finally, TD Cowen increased their price objective on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Eighteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $112.28.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $95.79 on Tuesday. The firm has a 50-day moving average of $103.47 and a 200-day moving average of $96.76. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The company has a market cap of $81.28 billion, a price-to-earnings ratio of 33.18, a P/E/G ratio of 2.56 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. The firm had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter last year, the company posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of the stock in a transaction on 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 owned 15,935 shares in the company, valued at $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the sale, the senior vice president owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 91,080 shares of company stock worth $9,341,746 over the last quarter. 1.01% of the stock is currently owned by insiders.

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.