O’Reilly Automotive, Inc. $ORLY Shares Bought by SageView Advisory Group LLC

by · The Markets Daily

SageView Advisory Group LLC raised its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 3,274.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,242 shares of the specialty retailer’s stock after buying an additional 6,057 shares during the quarter. SageView Advisory Group LLC’s holdings in O’Reilly Automotive were worth $608,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oakworth Capital Inc. grew its stake in O’Reilly Automotive by 1,257.1% during the 2nd 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 boosted its holdings in shares of O’Reilly Automotive by 1,400.0% during the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares during the last quarter. Canton Hathaway LLC grew its position in shares of O’Reilly Automotive by 1,400.0% in the second quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 280 shares in the last quarter. ORG Partners LLC grew its position in shares of O’Reilly Automotive by 839.4% in the second 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. Finally, Nemes Rush Group LLC increased its holdings in shares of O’Reilly Automotive by 1,400.0% in the second quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 294 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the sale, the director owned 8,125 shares in the company, valued at approximately $752,375. This trade represents a 27.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total value of $238,585.05. Following the completion of the sale, the senior vice president directly owned 28 shares in the company, valued at approximately $2,836.68. The trade was a 98.83% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 8,980 shares of company stock valued at $882,335. Company insiders own 1.01% of the company’s stock.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of recent research reports. UBS Group reissued a “buy” rating and set a $120.00 price objective (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. The Goldman Sachs Group set a $121.00 price target on O’Reilly Automotive and gave the stock a “buy” rating in a report on Friday, October 24th. TD Cowen boosted their price target on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Finally, Argus began coverage on shares of O’Reilly Automotive in a research note on Wednesday, August 13th. They set a “buy” rating and a $120.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $112.05.

Check Out Our Latest Stock Analysis on ORLY

O’Reilly Automotive Trading Down 0.6%

NASDAQ ORLY opened at $98.89 on Monday. The stock has a fifty day simple moving average of $99.76 and a 200-day simple moving average of $98.07. The stock has a market cap of $83.47 billion, a PE ratio of 34.26, a P/E/G ratio of 2.33 and a beta of 0.61. 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 issued its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.02. The firm had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. O’Reilly Automotive’s revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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.

Read More

Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report).