Capital Investment Counsel LLC Acquires 65,428 Shares of O’Reilly Automotive, Inc. $ORLY

Capital Investment Counsel LLC lifted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,355.7% during the second quarter, HoldingsChannel reports. The firm owned 70,254 shares of the specialty retailer’s stock after purchasing an additional 65,428 shares during the period. Capital Investment Counsel LLC’s holdings in O’Reilly Automotive were worth $6,332,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Aaron Wealth Advisors LLC grew its position in O’Reilly Automotive by 10.1% during the first quarter. Aaron Wealth Advisors LLC now owns 427 shares of the specialty retailer’s stock worth $612,000 after buying an additional 39 shares in the last quarter. Amalgamated Bank grew its position in O’Reilly Automotive by 0.5% during the first quarter. Amalgamated Bank now owns 13,176 shares of the specialty retailer’s stock worth $18,876,000 after buying an additional 68 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in O’Reilly Automotive during the first quarter worth about $223,000. Canandaigua National Bank & Trust Co. grew its position in O’Reilly Automotive by 4.0% during the first quarter. Canandaigua National Bank & Trust Co. now owns 1,293 shares of the specialty retailer’s stock worth $1,852,000 after buying an additional 50 shares in the last quarter. Finally, MorganRosel Wealth Management LLC grew its position in O’Reilly Automotive by 9.6% during the first quarter. MorganRosel Wealth Management LLC now owns 774 shares of the specialty retailer’s stock worth $1,109,000 after buying an additional 68 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ORLY. Citigroup lifted their target price on O’Reilly Automotive from $104.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Argus began coverage on O’Reilly Automotive in a research report on Wednesday, August 13th. They set a “buy” rating and a $120.00 target price on the stock. Truist Financial set a $109.00 target price on O’Reilly Automotive in a research report on Friday. Mizuho set a $112.00 target price on O’Reilly Automotive in a research report on Monday, October 20th. Finally, Royal Bank Of Canada set a $110.00 price objective on O’Reilly Automotive and gave the company an “outperform” rating in a research note on Friday. Eighteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.28.

O’Reilly Automotive Trading Down 1.5%

ORLY stock opened at $95.79 on Tuesday. O’Reilly Automotive, Inc. has a 1-year low of $76.22 and a 1-year high of $108.71. The firm has a market cap of $81.28 billion, a P/E ratio of 33.18, a P/E/G ratio of 2.56 and a beta of 0.60. The business’s 50 day moving average is $103.47 and its 200-day moving average is $96.76.

O’Reilly Automotive (NASDAQ:ORLY) last released 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 negative return on equity of 206.86% and a net margin of 14.23%.The company had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. During the same period in the prior year, the company posted $11.41 EPS. The company’s 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 forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Transactions at O’Reilly Automotive

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the transaction, the senior vice president directly owned 12,826 shares of the company’s stock, valued at $1,331,467.06. The trade was a 13.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the senior vice president directly owned 10,305 shares in the company, valued at $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 91,080 shares of company stock valued at $9,341,746 in the last three months. 1.01% of the stock is owned by corporate insiders.

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.