O’Reilly Automotive, Inc. $ORLY Shares Purchased by AMG National Trust Bank

AMG National Trust Bank increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,309.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,693 shares of the specialty retailer’s stock after purchasing an additional 3,431 shares during the quarter. AMG National Trust Bank’s holdings in O’Reilly Automotive were worth $333,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ORLY. Bank of Jackson Hole Trust purchased a new position in O’Reilly Automotive during the 1st quarter valued at about $25,000. Oakworth Capital Inc. boosted its holdings in O’Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 264 shares during the period. HighMark Wealth Management LLC boosted its holdings in 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 valued at $27,000 after acquiring an additional 280 shares during the period. ORG Partners LLC boosted its holdings in O’Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after acquiring an additional 277 shares during the period. Finally, Elequin Capital LP purchased a new position in O’Reilly Automotive during the 1st quarter valued at about $30,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on ORLY shares. Evercore ISI raised their target price on O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Morgan Stanley raised their target price on O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Truist Financial set a $109.00 target price on O’Reilly Automotive in a report on Friday, October 24th. Argus began coverage on O’Reilly Automotive in a research note on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price objective for the company. Finally, DA Davidson lifted their price objective on O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and a consensus price target of $112.28.

Insider Buying and Selling

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the senior vice president owned 12,826 shares in the company, valued at $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction that occurred on 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 sale, the senior vice president owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 91,080 shares of company stock worth $9,341,746 over the last 90 days. 1.01% of the stock is owned by insiders.

O’Reilly Automotive Stock Performance

Shares of ORLY opened at $94.44 on Friday. The stock has a 50-day simple moving average of $102.83 and a 200-day simple moving average of $96.82. The stock has a market capitalization of $80.13 billion, a PE ratio of 32.72, a PEG ratio of 2.48 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.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.02. The firm had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The firm’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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.