O’Reilly Automotive, Inc. $ORLY Shares Purchased by Nicolet Bankshares Inc.

by · The Markets Daily

Nicolet Bankshares Inc. grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,400.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 6,180 shares of the specialty retailer’s stock after acquiring an additional 5,768 shares during the period. Nicolet Bankshares Inc.’s holdings in O’Reilly Automotive were worth $557,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. RPg Family Wealth Advisory LLC increased its position in O’Reilly Automotive by 1,448.3% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 86,271 shares of the specialty retailer’s stock worth $7,776,000 after purchasing an additional 80,699 shares in the last quarter. Maren Capital LLC grew its stake in O’Reilly Automotive by 1,400.0% during the second quarter. Maren Capital LLC now owns 23,100 shares of the specialty retailer’s stock worth $2,082,000 after buying an additional 21,560 shares during the period. Groupe la Francaise acquired a new stake in shares of O’Reilly Automotive in the second quarter worth $8,368,000. Isthmus Partners LLC raised its stake in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. Isthmus Partners LLC now owns 3,150 shares of the specialty retailer’s stock valued at $284,000 after acquiring an additional 2,940 shares during the period. Finally, AMJ Financial Wealth Management raised its stake in shares of O’Reilly Automotive by 1,371.9% in the 2nd quarter. AMJ Financial Wealth Management now owns 123,505 shares of the specialty retailer’s stock valued at $11,132,000 after acquiring an additional 115,114 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $98.61 on Thursday. O’Reilly Automotive, Inc. has a 1 year low of $78.30 and a 1 year high of $108.71. The stock’s 50-day simple moving average is $100.01 and its 200-day simple moving average is $97.93. The firm has a market cap of $83.24 billion, a price-to-earnings ratio of 34.16, a PEG ratio of 2.39 and a beta of 0.62.

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last issued its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS 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 during the quarter, compared to the consensus estimate of $4.69 billion. During the same quarter in the prior year, the business posted $11.41 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Transactions at O’Reilly Automotive

In related news, SVP Philip M. Hopper sold 3,500 shares of O’Reilly Automotive stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total value of $354,375.00. Following the completion of the sale, the senior vice president owned 4,792 shares in the company, valued at approximately $485,190. The trade was a 42.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the sale, the senior vice president directly owned 28 shares in the company, valued at $2,836.68. This represents a 98.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 8,980 shares of company stock valued at $882,335. 1.01% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ORLY shares. Mizuho set a $112.00 price target on shares of O’Reilly Automotive in a research report on Monday, October 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Friday, October 31st. TD Cowen increased their target price on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Argus began coverage on O’Reilly Automotive in a research report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price target on the stock. Finally, Wells Fargo & Company set a $115.00 price target on O’Reilly Automotive and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Nineteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus price target of $112.05.

Read Our Latest Research 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.

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