Zevin Asset Management LLC Has $230,000 Stake in O’Reilly Automotive, Inc. $ORLY

Zevin Asset Management LLC boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,131.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,550 shares of the specialty retailer’s stock after acquiring an additional 2,343 shares during the period. Zevin Asset Management LLC’s holdings in O’Reilly Automotive were worth $230,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp lifted its holdings in shares of O’Reilly Automotive by 1,317.8% in the second quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock worth $1,590,894,000 after acquiring an additional 16,406,181 shares during the last quarter. Jennison Associates LLC lifted its stake in O’Reilly Automotive by 1,820.9% in the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock valued at $1,272,363,000 after purchasing an additional 13,382,074 shares during the last quarter. Bessemer Group Inc. boosted its position in O’Reilly Automotive by 1,558.2% in the second quarter. Bessemer Group Inc. now owns 4,356,249 shares of the specialty retailer’s stock valued at $392,630,000 after buying an additional 4,093,545 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in O’Reilly Automotive by 1,388.0% in the second quarter. Envestnet Asset Management Inc. now owns 3,853,598 shares of the specialty retailer’s stock valued at $347,325,000 after buying an additional 3,594,612 shares in the last quarter. Finally, William Blair Investment Management LLC grew its stake in shares of O’Reilly Automotive by 1,269.2% during the second quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer’s stock worth $319,428,000 after buying an additional 3,285,249 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $95.79 on Friday. O’Reilly Automotive, Inc. has a fifty-two week low of $78.30 and a fifty-two week high of $108.71. The stock has a 50 day simple moving average of $102.07 and a two-hundred day simple moving average of $96.84. The company has a market cap of $81.28 billion, a P/E ratio of 33.00, a PEG ratio of 2.48 and a beta of 0.57.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data 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. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The firm 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 business earned $11.41 earnings per share. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive 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 sale, 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the transaction, the director owned 8,125 shares of the company’s stock, valued at $752,375. This represents a 27.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 92,205 shares of company stock valued at $9,423,501. 1.01% of the stock is owned by company insiders.

Analyst Ratings Changes

ORLY has been the subject of a number of research reports. Argus assumed coverage on O’Reilly Automotive in a research note on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price target for the company. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Friday, October 31st. Wells Fargo & Company set a $115.00 price objective on shares of O’Reilly Automotive and gave the company an “overweight” rating in a report on Wednesday, October 15th. TD Cowen boosted their target price on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Finally, Cowen reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Nineteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $111.89.

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.