O’Reilly Automotive, Inc. $ORLY Shares Purchased by Railway Pension Investments Ltd

by · The Cerbat Gem

Railway Pension Investments Ltd raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,323.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,208,551 shares of the specialty retailer’s stock after purchasing an additional 1,123,630 shares during the quarter. O’Reilly Automotive makes up approximately 1.5% of Railway Pension Investments Ltd’s holdings, making the stock its 9th biggest position. Railway Pension Investments Ltd’s holdings in O’Reilly Automotive were worth $108,927,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ORLY. Bank of Jackson Hole Trust bought a new stake in shares of O’Reilly Automotive in the 1st quarter valued at approximately $25,000. Oakworth Capital Inc. raised its position in O’Reilly Automotive by 1,257.1% during the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 264 shares in the last quarter. HighMark Wealth Management LLC lifted its stake in O’Reilly Automotive by 1,400.0% in the second 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 during the last quarter. Canton Hathaway LLC grew its position in O’Reilly Automotive by 1,400.0% in 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 in the last quarter. Finally, ORG Partners LLC raised its holdings in shares of O’Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 277 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock opened at $100.84 on Friday. The firm has a market cap of $85.12 billion, a P/E ratio of 34.93, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57. The firm’s 50-day simple moving average is $100.23 and its 200-day simple moving average is $97.74. O’Reilly Automotive, Inc. has a twelve month low of $78.30 and a twelve month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last announced its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.69 billion. During the same period in the prior year, the business posted $11.41 earnings per share. The business’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. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director John Raymond Murphy sold 3,125 shares of the firm’s 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 owned 8,125 shares of the company’s stock, valued at approximately $752,375. This trade represents a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ORLY shares. Mizuho set a $112.00 price objective on shares of O’Reilly Automotive in a report on Monday, October 20th. Morgan Stanley increased their price target on O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. TD Cowen boosted their price objective on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Wells Fargo & Company set a $115.00 target price on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Finally, Argus assumed coverage on O’Reilly Automotive in a research report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price objective for the company. Nineteen 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 company presently has a consensus rating of “Moderate Buy” and a consensus target price of $111.89.

Read Our Latest Stock Report on ORLY

About O’Reilly Automotive

(Free Report)

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.

Further Reading

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