Values First Advisors Inc. Purchases 12,669 Shares of O’Reilly Automotive, Inc. $ORLY

Values First Advisors Inc. increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,406.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 13,570 shares of the specialty retailer’s stock after buying an additional 12,669 shares during the quarter. Values First Advisors Inc.’s holdings in O’Reilly Automotive were worth $1,223,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of ORLY. TD Asset Management Inc boosted its holdings in O’Reilly Automotive by 1,214.0% in the 2nd quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer’s stock valued at $194,567,000 after purchasing an additional 1,994,449 shares during the period. Vaughan Nelson Investment Management L.P. boosted its holdings in O’Reilly Automotive by 1,052.9% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer’s stock valued at $155,240,000 after purchasing an additional 1,573,010 shares during the period. Congress Asset Management Co. boosted its holdings in O’Reilly Automotive by 1,385.2% in the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer’s stock valued at $142,449,000 after purchasing an additional 1,474,068 shares during the period. Robeco Institutional Asset Management B.V. boosted its holdings in O’Reilly Automotive by 1,438.7% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer’s stock valued at $125,150,000 after purchasing an additional 1,298,307 shares during the period. Finally, DAVENPORT & Co LLC boosted its holdings in O’Reilly Automotive by 1,290.1% in the 2nd quarter. DAVENPORT & Co LLC now owns 1,132,357 shares of the specialty retailer’s stock valued at $101,627,000 after purchasing an additional 1,050,901 shares during the period. 85.00% of the stock is owned by institutional investors.

Insider Activity

In other news, SVP Shari Lynne Reaves sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the sale, the senior vice president owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Mark Joseph Merz sold 5,050 shares of the firm’s stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total transaction of $500,303.50. Following the sale, the senior vice president directly owned 2,876 shares of the company’s stock, valued at approximately $284,925.32. The trade was a 63.71% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 125,635 shares of company stock worth $12,740,916. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Trading Down 0.9%

Shares of O’Reilly Automotive stock opened at $101.17 on Friday. The stock has a market capitalization of $85.84 billion, a price-to-earnings ratio of 36.17, a P/E/G ratio of 2.70 and a beta of 0.60. O’Reilly Automotive, Inc. has a 1-year low of $76.22 and a 1-year high of $108.71. The firm’s 50-day moving average price is $103.86 and its two-hundred day moving average price is $96.30.

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ORLY. Wolfe Research began coverage on shares of O’Reilly Automotive in a report on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price target for the company. DA Davidson increased their price target on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 25th. BMO Capital Markets increased their price target on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Truist Financial increased their price objective on shares of O’Reilly Automotive from $103.00 to $109.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Finally, Barclays restated an “equal weight” rating and issued a $86.00 price objective on shares of O’Reilly Automotive in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $109.12.

About O’Reilly Automotive

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.