Trust Co. of Toledo NA OH Makes New Investment in O’Reilly Automotive, Inc. $ORLY

Trust Co. of Toledo NA OH bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,845 shares of the specialty retailer’s stock, valued at approximately $166,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its position in O’Reilly Automotive by 22.3% in the first quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer’s stock worth $1,822,000 after acquiring an additional 232 shares in the last quarter. NorthCrest Asset Manangement LLC grew its position in O’Reilly Automotive by 31.4% in the first quarter. NorthCrest Asset Manangement LLC now owns 4,160 shares of the specialty retailer’s stock worth $5,960,000 after acquiring an additional 993 shares in the last quarter. Everhart Financial Group Inc. bought a new stake in O’Reilly Automotive in the first quarter worth approximately $337,000. Howard Capital Management Group LLC bought a new stake in O’Reilly Automotive in the first quarter worth approximately $112,000. Finally, Elevation Point Wealth Partners LLC grew its position in O’Reilly Automotive by 21.0% in the first quarter. Elevation Point Wealth Partners LLC now owns 582 shares of the specialty retailer’s stock worth $834,000 after acquiring an additional 101 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on ORLY. Guggenheim boosted their target price on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. BMO Capital Markets boosted their target price on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Citigroup boosted their target price 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. 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 research report on Monday, September 15th. Finally, Royal Bank Of Canada boosted their price objective on shares of O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, O’Reilly Automotive has a consensus rating of “Buy” and an average price target of $107.17.

Insider Activity at O’Reilly Automotive

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the company’s 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 transaction, the senior vice president directly owned 12,826 shares in the company, valued at $1,331,467.06. This represents a 13.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of the company’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 in the last 90 days. 1.01% of the stock is owned by company insiders.

O’Reilly Automotive Trading Up 2.4%

Shares of O’Reilly Automotive stock opened at $102.15 on Friday. The firm has a fifty day simple moving average of $103.90 and a 200-day simple moving average of $96.10. O’Reilly Automotive, Inc. has a 1-year low of $76.22 and a 1-year high of $108.71. The stock has a market capitalization of $86.67 billion, a price-to-earnings ratio of 36.52, a PEG ratio of 2.70 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.78. The business had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.54 billion. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. O’Reilly Automotive’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the previous year, the company earned $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

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.