O’Reilly Automotive, Inc. $ORLY Shares Purchased by Swedbank AB

by · The Markets Daily

Swedbank AB grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 440,370 shares of the specialty retailer’s stock after purchasing an additional 7,805 shares during the quarter. Swedbank AB’s holdings in O’Reilly Automotive were worth $47,476,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Oakworth Capital Inc. boosted 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 worth $26,000 after acquiring an additional 264 shares during the last quarter. HighMark Wealth Management LLC lifted its stake 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 period. Canton Hathaway LLC boosted its holdings in shares of O’Reilly Automotive by 1,400.0% during the second quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares during 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 during the period. Finally, Nemes Rush Group LLC increased its stake in 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 currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ORLY has been the topic of a number of research analyst reports. Morgan Stanley raised their price target on O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. UBS Group reiterated a “buy” rating and set a $120.00 price objective (up from $115.00) on shares of O’Reilly Automotive in a report on Wednesday, October 15th. Raymond James Financial upgraded shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 target price for the company in a report on Wednesday, November 5th. Royal Bank Of Canada set a $110.00 price target on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Friday, October 24th. Finally, TD Cowen lifted their price target on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a report on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Buy” and an average target price of $112.05.

Get Our Latest Research Report on O’Reilly Automotive

O’Reilly Automotive Stock Up 0.5%

Shares of ORLY stock opened at $92.54 on Thursday. O’Reilly Automotive, Inc. has a fifty-two week low of $78.30 and a fifty-two week high of $108.71. The firm’s 50 day moving average price is $97.11 and its two-hundred day moving average price is $98.23. The stock has a market cap of $78.11 billion, a price-to-earnings ratio of 32.06, a price-to-earnings-growth ratio of 2.17 and a beta of 0.62.

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last issued its 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. The business had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter last year, the firm posted $11.41 EPS. 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 EPS for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the sale, the director directly owned 8,125 shares in the company, valued at approximately $752,375. This trade represents a 27.78% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the completion of the transaction, the senior vice president owned 28 shares of the company’s stock, valued at approximately $2,836.68. This represents a 98.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 8,980 shares of company stock valued at $882,335 over the last three months. 1.01% of the stock is owned by company insiders.

About O’Reilly Automotive

(Free Report)

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.

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