Inspire Investing LLC Acquires 32,460 Shares of O’Reilly Automotive, Inc. $ORLY

Inspire Investing LLC increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,617.3% in the second quarter, Holdings Channel.com reports. The firm owned 34,467 shares of the specialty retailer’s stock after purchasing an additional 32,460 shares during the quarter. Inspire Investing LLC’s holdings in O’Reilly Automotive were worth $3,107,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Vanguard Group Inc. increased its stake in O’Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock worth $7,504,421,000 after purchasing an additional 75,125 shares in the last quarter. Wellington Management Group LLP increased its stake in O’Reilly Automotive by 20.8% during the 1st quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer’s stock worth $2,757,148,000 after purchasing an additional 330,964 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in O’Reilly Automotive by 1,052.9% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer’s stock worth $155,240,000 after purchasing an additional 1,573,010 shares in the last quarter. Congress Asset Management Co. boosted its position in O’Reilly Automotive by 1,385.2% during the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer’s stock worth $142,449,000 after acquiring an additional 1,474,068 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its position in O’Reilly Automotive by 1,438.7% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer’s stock worth $125,150,000 after acquiring an additional 1,298,307 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $102.15 on Friday. The business has a fifty day simple moving average of $103.90 and a two-hundred day simple moving average of $96.07. O’Reilly Automotive, Inc. has a 1 year low of $76.22 and a 1 year high of $108.71. The company has a market capitalization of $86.67 billion, a price-to-earnings ratio of 36.52, a P/E/G ratio of 2.64 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. During the same quarter last year, the firm posted $10.55 EPS. The company’s quarterly revenue was up 5.9% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total transaction of $207,620.00. Following the transaction, the senior vice president owned 12,826 shares in the company, valued at $1,331,467.06. This trade represents a 13.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Mark Joseph Merz sold 5,050 shares of the stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total value of $500,303.50. Following the transaction, the senior vice president owned 2,876 shares in the company, valued at $284,925.32. The trade was a 63.71% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on ORLY shares. JPMorgan Chase & Co. upped their price target on O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Argus started coverage on O’Reilly Automotive in a research report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price target for the company. Wolfe Research started coverage on O’Reilly Automotive in a research report on Thursday, September 18th. They set an “outperform” rating and a $121.00 price target for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of O’Reilly Automotive in a research report on Wednesday. Finally, Royal Bank Of Canada upped their price target on O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, O’Reilly Automotive currently has a consensus rating of “Buy” and an average price target of $107.17.

O’Reilly Automotive Company Profile

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.