Schwartz Investment Counsel Inc. Has $71.69 Million Stock Position in O’Reilly Automotive, Inc. $ORLY

Schwartz Investment Counsel Inc. decreased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 13.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 665,000 shares of the specialty retailer’s stock after selling 100,000 shares during the quarter. O’Reilly Automotive makes up approximately 2.4% of Schwartz Investment Counsel Inc.’s holdings, making the stock its 9th largest holding. Schwartz Investment Counsel Inc. owned about 0.08% of O’Reilly Automotive worth $71,694,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Sivia Capital Partners LLC increased its position in O’Reilly Automotive by 1,190.5% in the second quarter. Sivia Capital Partners LLC now owns 3,536 shares of the specialty retailer’s stock worth $319,000 after purchasing an additional 3,262 shares during the period. Sovran Advisors LLC boosted its stake in shares of O’Reilly Automotive by 306.6% in the 2nd quarter. Sovran Advisors LLC now owns 2,895 shares of the specialty retailer’s stock valued at $265,000 after purchasing an additional 2,183 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of O’Reilly Automotive by 619.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 166,860 shares of the specialty retailer’s stock worth $15,239,000 after buying an additional 143,665 shares during the period. Exchange Traded Concepts LLC raised its stake in shares of O’Reilly Automotive by 25,054.4% during the second quarter. Exchange Traded Concepts LLC now owns 45,781 shares of the specialty retailer’s stock worth $4,126,000 after buying an additional 45,599 shares during the last quarter. Finally, Kingstone Capital Partners Texas LLC bought a new stake in shares of O’Reilly Automotive during the second quarter worth approximately $1,159,000. 85.00% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the sale, the director owned 8,125 shares of the company’s stock, valued at $752,375. This represents a 27.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total transaction of $238,585.05. Following the sale, the senior vice president owned 28 shares in the company, valued at approximately $2,836.68. The trade was a 98.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 8,980 shares of company stock worth $882,335. Company insiders own 1.01% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Friday, October 31st. Barclays set a $91.00 price objective on O’Reilly Automotive and gave the stock an “equal weight” rating in a research note on Monday, October 27th. The Goldman Sachs Group set a $121.00 target price on O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday, October 24th. Baird R W upgraded O’Reilly Automotive to a “strong-buy” rating in a research report on Thursday, December 4th. Finally, Wolfe Research raised O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 22nd. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $111.80.

O’Reilly Automotive Trading Up 1.1%

ORLY stock opened at $94.70 on Monday. O’Reilly Automotive, Inc. has a 1-year low of $80.73 and a 1-year high of $108.71. The firm has a market cap of $79.94 billion, a PE ratio of 32.81, a P/E/G ratio of 2.01 and a beta of 0.63. The business’s 50-day moving average price is $95.53 and its two-hundred day moving average price is $98.64.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. During the same period in the prior year, the company earned $11.41 earnings per share. The company’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. On average, analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

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.