Levin Capital Strategies L.P. Grows Position in O’Reilly Automotive, Inc. $ORLY

Levin Capital Strategies L.P. increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,700 shares of the specialty retailer’s stock after purchasing an additional 8,120 shares during the quarter. Levin Capital Strategies L.P.’s holdings in O’Reilly Automotive were worth $784,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of Jackson Hole Trust purchased a new position in shares of O’Reilly Automotive in the 1st quarter valued at approximately $25,000. Elequin Capital LP purchased a new position in shares of O’Reilly Automotive in the 1st quarter valued at approximately $30,000. Saudi Central Bank purchased a new position in shares of O’Reilly Automotive in the 1st quarter valued at approximately $33,000. Accredited Wealth Management LLC bought a new position in O’Reilly Automotive during the 1st quarter valued at approximately $42,000. Finally, Vestor Capital LLC bought a new position in O’Reilly Automotive during the 1st quarter valued at approximately $43,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on ORLY shares. Citigroup raised their price objective on O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Morgan Stanley lifted their target price on O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. BMO Capital Markets lifted their target price on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Barclays set a $91.00 price objective on O’Reilly Automotive and gave the stock an “equal weight” rating in a report on Monday, October 27th. Finally, Royal Bank Of Canada set a $110.00 price objective on O’Reilly Automotive and gave the stock an “outperform” rating in a report on Friday, October 24th. Eighteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus price target of $112.28.

O’Reilly Automotive Price Performance

Shares of ORLY opened at $91.70 on Tuesday. O’Reilly Automotive, Inc. has a one year low of $76.75 and a one year high of $108.71. The firm has a market capitalization of $77.81 billion, a P/E ratio of 31.77, a PEG ratio of 2.48 and a beta of 0.60. The business has a fifty day moving average of $102.62 and a 200 day moving average of $96.86.

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

Insider Activity at O’Reilly Automotive

In related news, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction 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 directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the transaction, the senior vice president owned 12,826 shares in the company, valued at $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have 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.