Chilton Capital Management LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,306.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,925 shares of the specialty retailer’s stock after buying an additional 2,717 shares during the period. Chilton Capital Management LLC’s holdings in O’Reilly Automotive were worth $264,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Oxbow Advisors LLC raised its stake in O’Reilly Automotive by 785.7% during the 2nd quarter. Oxbow Advisors LLC now owns 66,315 shares of the specialty retailer’s stock valued at $5,977,000 after purchasing an additional 58,828 shares during the last quarter. Vanguard Group Inc. raised 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 valued at $7,504,421,000 after purchasing an additional 75,125 shares during the last quarter. Prime Capital Investment Advisors LLC raised its stake 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 purchasing an additional 98,616 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in O’Reilly Automotive by 33.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock valued at $836,357,000 after purchasing an additional 147,904 shares during the last quarter. Finally, Meadow Creek Wealth Advisors LLC raised its stake in O’Reilly Automotive by 1,243.1% during the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 3,586 shares of the specialty retailer’s stock valued at $323,000 after purchasing an additional 3,319 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, Director Maria Sastre sold 595 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the sale, the director owned 15,935 shares in the company, valued at $1,630,309.85. This trade represents a 3.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Mark Joseph Merz sold 5,050 shares of the stock in a transaction dated 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 owned 2,876 shares of the company’s stock, valued at $284,925.32. This trade represents a 63.71% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company’s stock.
O’Reilly Automotive Stock Down 1.0%
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last announced its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The business had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the company posted $11.41 EPS. 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 earnings per share for the current year.
Analysts Set New Price Targets
Several equities analysts recently commented on ORLY shares. Truist Financial set a $109.00 target price on shares of O’Reilly Automotive in a research note on Friday. Guggenheim increased their price objective on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Citigroup increased their price objective on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Weiss Ratings restated a “buy (b)” rating on shares of O’Reilly Automotive in a research note on Wednesday, October 8th. Finally, Morgan Stanley increased their price objective on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Thursday. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $112.00.
View Our Latest Stock Analysis on ORLY
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.
See Also
- Five stocks we like better than O’Reilly Automotive
- How to Start Investing in Real Estate
- PulteGroup Is Down But Not Out—Here’s What Wall Street Missed
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Cleveland-Cliffs Breaks to New Highs on Earnings, More Upside?
- Which Wall Street Analysts are the Most Accurate?
- Is Landstar the Next Big Winner in Transportation Stocks?
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report).
Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.
