Gamco Investors INC. ET AL Acquires 593,985 Shares of O’Reilly Automotive, Inc. $ORLY

by · The Markets Daily

Gamco Investors INC. ET AL boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,367.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 637,420 shares of the specialty retailer’s stock after buying an additional 593,985 shares during the quarter. Gamco Investors INC. ET AL owned approximately 0.08% of O’Reilly Automotive worth $57,451,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Oxbow Advisors LLC increased its position in shares of O’Reilly Automotive by 785.7% during the second quarter. Oxbow Advisors LLC now owns 66,315 shares of the specialty retailer’s stock worth $5,977,000 after purchasing an additional 58,828 shares in the last quarter. Providence First Trust Co boosted its position in shares of O’Reilly Automotive by 1,433.6% in the 2nd quarter. Providence First Trust Co now owns 6,855 shares of the specialty retailer’s stock worth $618,000 after purchasing an additional 6,408 shares in the last quarter. Maryland State Retirement & Pension System grew its stake in O’Reilly Automotive by 1,431.9% during the 2nd quarter. Maryland State Retirement & Pension System now owns 41,422 shares of the specialty retailer’s stock worth $3,733,000 after buying an additional 38,718 shares during the last quarter. Prime Capital Investment Advisors LLC increased its position in O’Reilly Automotive by 1,063.1% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock valued at $9,724,000 after buying an additional 98,616 shares in the last quarter. Finally, QRG Capital Management Inc. raised its stake in O’Reilly Automotive by 2,194.0% in the second quarter. QRG Capital Management Inc. now owns 76,254 shares of the specialty retailer’s stock valued at $6,873,000 after buying an additional 72,930 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ORLY shares. Barclays set a $91.00 price target on O’Reilly Automotive and gave the stock an “equal weight” rating in a research note on Monday, October 27th. Cowen reissued a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Robert W. Baird set a $115.00 price target on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a report on Wednesday. Baird R W upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday. Finally, Morgan Stanley boosted their price objective on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $112.05.

Check Out Our Latest Stock Report on O’Reilly Automotive

Insiders Place Their Bets

In related news, SVP Christopher Andrew Mancini sold 2,355 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total transaction of $238,585.05. Following the sale, the senior vice president directly owned 28 shares of the company’s stock, valued at $2,836.68. This trade represents a 98.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. This represents a 27.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 8,980 shares of company stock valued at $882,335. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Trading Down 0.6%

ORLY opened at $98.89 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $78.30 and a 12-month high of $108.71. The firm has a 50 day moving average of $99.76 and a two-hundred day moving average of $98.02. The firm has a market capitalization of $83.47 billion, a PE ratio of 34.26, a P/E/G ratio of 2.33 and a beta of 0.62.

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating the consensus estimate of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The business had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. During the same period in the prior year, the firm earned $11.41 EPS. The business’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, analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal 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.

See Also