Harel Insurance Investments & Financial Services Ltd. Acquires 6,616 Shares of O’Reilly Automotive, Inc. $ORLY

Harel Insurance Investments & Financial Services Ltd. increased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3,341.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,814 shares of the specialty retailer’s stock after buying an additional 6,616 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in O’Reilly Automotive were worth $614,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Jennison Associates LLC boosted its holdings in O’Reilly Automotive by 1,820.9% in the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock worth $1,272,363,000 after buying an additional 13,382,074 shares during the period. Vanguard Group Inc. lifted its stake in O’Reilly Automotive by 1.5% in 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. Bessemer Group Inc. lifted its stake in O’Reilly Automotive by 1,558.2% in the 2nd quarter. Bessemer Group Inc. now owns 4,356,249 shares of the specialty retailer’s stock worth $392,630,000 after purchasing an additional 4,093,545 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in O’Reilly Automotive by 1,388.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,853,598 shares of the specialty retailer’s stock worth $347,325,000 after purchasing an additional 3,594,612 shares in the last quarter. Finally, William Blair Investment Management LLC lifted its stake in O’Reilly Automotive by 1,269.2% in the 2nd quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer’s stock worth $319,428,000 after purchasing an additional 3,285,249 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $94.44 on Monday. The company’s fifty day moving average price is $102.83 and its 200-day moving average price is $96.86. The firm has a market capitalization of $80.13 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 2.48 and a beta of 0.60. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71.

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

Insider Activity at O’Reilly Automotive

In related news, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction 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 transaction, the senior vice president directly owned 12,826 shares in the company, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 91,080 shares of company stock valued at $9,341,746. Insiders own 1.01% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the topic of several recent analyst reports. The Goldman Sachs Group set a $121.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research note on Friday, October 24th. Guggenheim increased their target price on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday. BMO Capital Markets increased their target price on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Finally, Cowen reiterated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Eighteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $112.28.

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.