Whittier Trust Co. of Nevada Inc. Has $11.80 Million Stock Position in O’Reilly Automotive, Inc. $ORLY

Whittier Trust Co. of Nevada Inc. boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,449.5% in the second quarter, Holdings Channel.com reports. The firm owned 130,873 shares of the specialty retailer’s stock after purchasing an additional 122,427 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in O’Reilly Automotive were worth $11,795,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in O’Reilly Automotive by 1.5% during the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after purchasing an additional 75,125 shares during the last quarter. William Blair Investment Management LLC boosted its position in 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 valued at $319,428,000 after purchasing an additional 3,285,249 shares during the last quarter. TD Asset Management Inc boosted its position in O’Reilly Automotive by 1,214.0% during the second quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer’s stock valued at $194,567,000 after purchasing an additional 1,994,449 shares during the last quarter. Wellington Management Group LLP boosted its position in O’Reilly Automotive by 20.8% during the first quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer’s stock valued at $2,757,148,000 after purchasing an additional 330,964 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its position in O’Reilly Automotive by 1,052.9% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer’s stock valued at $155,240,000 after purchasing an additional 1,573,010 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 5,050 shares of O’Reilly Automotive stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total transaction of $500,303.50. Following the sale, the senior vice president directly owned 2,876 shares of the company’s stock, valued at $284,925.32. This trade represents a 63.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of O’Reilly Automotive stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the sale, the senior vice president directly owned 10,305 shares in the company, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock valued at $12,740,916 in the last ninety days. 1.01% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Evercore ISI raised their target price on O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Royal Bank Of Canada raised their target price on O’Reilly Automotive from $98.00 to $104.00 and gave the company an “outperform” rating in a report on Friday, July 25th. JPMorgan Chase & Co. raised their target price on O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a report on Monday, July 21st. Mizuho set a $112.00 target price on O’Reilly Automotive in a report on Monday. Finally, Citigroup raised their target price on O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $110.04.

O’Reilly Automotive Stock Performance

O’Reilly Automotive stock opened at $100.97 on Tuesday. The business’s 50-day simple moving average is $103.77 and its 200-day simple moving average is $96.41. The firm has a market capitalization of $85.67 billion, a PE ratio of 36.10, a PEG ratio of 2.68 and a beta of 0.60. O’Reilly Automotive, Inc. has a 52 week low of $76.22 and a 52 week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting analysts’ consensus estimates of $0.78. The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm’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 posted $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

O’Reilly Automotive 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.