O’Reilly Automotive, Inc. $ORLY Shares Acquired by Cumberland Partners Ltd

Cumberland Partners Ltd grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,390.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 179,961 shares of the specialty retailer’s stock after buying an additional 167,883 shares during the quarter. O’Reilly Automotive comprises about 1.1% of Cumberland Partners Ltd’s investment portfolio, making the stock its 25th largest holding. Cumberland Partners Ltd’s holdings in O’Reilly Automotive were worth $16,220,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Bank of Jackson Hole Trust acquired a new stake in shares of O’Reilly Automotive during the first quarter worth about $25,000. Oakworth Capital Inc. raised its stake in shares of O’Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 264 shares in the last quarter. HighMark Wealth Management LLC raised its position 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 valued at $27,000 after acquiring an additional 280 shares in the last quarter. Canton Hathaway LLC raised its stake in O’Reilly Automotive by 1,400.0% during the second quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 280 shares during the period. Finally, ORG Partners LLC increased its holdings in shares of O’Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 277 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. BMO Capital Markets raised their price target on O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Raymond James Financial raised shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price objective on the stock in a research note on Wednesday, November 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Cowen reiterated a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. Finally, UBS Group restated a “buy” rating and set a $120.00 price objective (up previously from $115.00) on shares of O’Reilly Automotive in a report on Wednesday, October 15th. Nineteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and a consensus price target of $111.89.

O’Reilly Automotive Trading Up 0.4%

NASDAQ ORLY opened at $98.70 on Thursday. The company has a fifty day simple moving average of $100.94 and a 200 day simple moving average of $97.26. O’Reilly Automotive, Inc. has a 12-month low of $78.30 and a 12-month high of $108.71. The company has a market cap of $83.31 billion, a P/E ratio of 34.19, a PEG ratio of 2.48 and a beta of 0.57.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping 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 company had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. During the same quarter last year, the business posted $11.41 EPS. O’Reilly Automotive’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. Sell-side analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares in the company, valued at $752,375. The trade was a 27.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.01% of the stock is owned by corporate insiders.

About O’Reilly Automotive

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.