O’Reilly Automotive, Inc. $ORLY Shares Acquired by Canton Hathaway LLC

Canton Hathaway LLC lifted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 300 shares of the specialty retailer’s stock after purchasing an additional 280 shares during the period. Canton Hathaway LLC’s holdings in O’Reilly Automotive were worth $27,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $25,000. Oakworth Capital Inc. boosted its holdings in shares of O’Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 264 shares during the last quarter. HighMark Wealth Management LLC boosted its holdings in shares of O’Reilly Automotive by 1,400.0% during the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares during the last quarter. ORG Partners LLC boosted its holdings in shares of O’Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 277 shares during the last quarter. Finally, Elequin Capital LP acquired a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $30,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Up 0.7%

O’Reilly Automotive stock opened at $95.15 on Friday. O’Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71. The stock’s fifty day simple moving average is $102.99 and its 200-day simple moving average is $96.80. The firm has a market capitalization of $80.73 billion, a P/E ratio of 32.96, a P/E/G ratio of 2.48 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The business had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. During the same quarter in the prior year, the company earned $11.41 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Sell-side analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Evercore ISI boosted their target price on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, August 12th. The Goldman Sachs Group set a $121.00 price target on shares of O’Reilly Automotive and gave the company a “buy” rating in a research report on Friday, October 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of O’Reilly Automotive in a research report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price target on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, July 21st. Finally, Royal Bank Of Canada set a $110.00 price target on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, October 24th. Eighteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $112.28.

Insider Buying and Selling

In related news, Director Maria Sastre sold 595 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the transaction, the director owned 15,935 shares in the company, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total transaction of $207,620.00. Following the transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 91,080 shares of company stock worth $9,341,746. Corporate insiders own 1.01% of the company’s stock.

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.