982 Shares in O’Reilly Automotive, Inc. $ORLY Bought by Caitong International Asset Management Co. Ltd

Caitong International Asset Management Co. Ltd bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 982 shares of the specialty retailer’s stock, valued at approximately $89,000.

Other hedge funds have also modified their holdings of the company. Bank of Jackson Hole Trust acquired a new position in shares of O’Reilly Automotive in the 1st quarter worth $25,000. Oakworth Capital Inc. grew its holdings in shares of O’Reilly Automotive by 1,257.1% in the 2nd 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 grew its holdings in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 280 shares during the last quarter. ORG Partners LLC grew its holdings in shares of O’Reilly Automotive by 839.4% during the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 277 shares in the last quarter. Finally, Elequin Capital LP purchased a new position in shares of O’Reilly Automotive during the first quarter valued at $30,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value 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 $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the sale, the senior vice president directly owned 10,305 shares of the company’s stock, valued at $1,056,674.70. This represents a 89.57% decrease in their position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 over the last ninety days. 1.01% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ORLY. Evercore ISI lifted their price target on O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. BMO Capital Markets lifted their price target on O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, July 25th. The Goldman Sachs Group set a $121.00 price target on O’Reilly Automotive and gave the company a “buy” rating in a report on Friday. Citigroup lifted their price target on O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a report on Friday, July 25th. Finally, Morgan Stanley lifted their price target on O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $112.00.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $97.27 on Friday. The business’s 50-day moving average price is $103.58 and its two-hundred day moving average price is $96.61. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The company has a market capitalization of $82.53 billion, a P/E ratio of 33.70, a price-to-earnings-growth ratio of 2.60 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) 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. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The firm had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. During the same quarter in the previous year, the company posted $11.41 earnings per share. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

O’Reilly Automotive 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.