Gladstone Institutional Advisory LLC Invests $1.06 Million in O’Reilly Automotive, Inc. $ORLY

Gladstone Institutional Advisory LLC acquired a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 3rd quarter, HoldingsChannel reports. The fund acquired 9,848 shares of the specialty retailer’s stock, valued at approximately $1,062,000.

Several other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in O’Reilly Automotive by 1,404.9% in the 2nd quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock valued at $7,105,396,000 after buying an additional 73,596,571 shares in the last quarter. State Street Corp lifted its position in O’Reilly Automotive by 1,424.2% during the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after purchasing an additional 34,740,553 shares during the last quarter. Geode Capital Management LLC grew its stake in O’Reilly Automotive by 1,443.1% in the 2nd quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock worth $2,130,866,000 after buying an additional 22,144,563 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of O’Reilly Automotive by 1,317.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock worth $1,590,894,000 after buying an additional 16,406,181 shares during the last quarter. Finally, Jennison Associates LLC raised its position in shares of O’Reilly Automotive by 1,820.9% during the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock valued at $1,272,363,000 after buying an additional 13,382,074 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock opened at $90.85 on Thursday. O’Reilly Automotive, Inc. has a 52-week low of $79.58 and a 52-week high of $108.71. The company’s 50 day moving average price is $95.60 and its 200-day moving average price is $98.34. The stock has a market capitalization of $76.69 billion, a price-to-earnings ratio of 31.47, a P/E/G ratio of 1.92 and a beta of 0.63.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The business had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. During the same quarter in the prior year, the company posted $11.41 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on ORLY shares. TD Cowen upped their target price on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Friday, October 31st. Wolfe Research raised O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 22nd. Cowen reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Finally, Barclays set a $91.00 price objective on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a research note on Monday, October 27th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $112.05.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the sale, the senior vice president owned 28 shares in the company, valued at $2,836.68. This represents a 98.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the transaction, the director owned 8,125 shares of the company’s stock, valued at $752,375. The trade was a 27.78% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 8,980 shares of company stock valued at $882,335. 1.01% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.